Can you sell solar power back to the grid in New Zealand?

Yes, it is. However, the specifics of selling power back to the grid in New Zealand depend on: Retailer Buyback Schemes: Many electricity retailers—such as Meridian, Contact Energy, and Genesis—offer programs where they’ll buy your excess solar power.

How does solar buy back work in New Zealand?

In this blog post, we will explore how solar buy back works in New Zealand and provide insights on finding the best solar buy back rates. Solar buy back, also known as net metering or grid-tie solar, is a program that enables homeowners with solar installations to feed excess electricity into the national power grid.

Where can I buy solar power in New Zealand?

Retailer Buyback Schemes: Many electricity retailers—such as Meridian, Contact Energy, and Genesis—offer programs where they’ll buy your excess solar power. Feed-In Tariffs: Unlike some countries where government-mandated FITs are common, New Zealand largely relies on retailer-specific buyback rates.

Are solar panels a good investment in New Zealand?

With the increasing popularity of renewable energy sources, solar power has emerged as a leading choice for homeowners in New Zealand. In addition to reducing carbon footprints and lowering electricity bills, solar panel installations offer another enticing benefit: solar buy back.

Can I sell solar power back to a retailer?

If you’re selling power back to an energy retailer, you’ll generally need to be signed up with that retailer for your own grid power use. If you generate enough solar power to cover all your needs and then some, this isn’t an issue, as you won’t be using grid energy.

Why should you go solar in New Zealand?

Going solar demonstrates your commitment to sustainability and will help New Zealand achieve its target of net zero greenhouse gas emissions by 2050. Innovation and new technologies have led to new ways to generate, store and sell electricity back to the grid.