Solar Power Buy-Back Rates

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Solar Power Buy-Back Rates

Updated: November 2018

Solar power buy-back rates are the price per unit at which energy retailers pay for excess/exported solar power.

Energy Retailer

Solar Power Buy Back Rate

Max. System Size   

Contact Energy

8¢ / kWh, + GST

Up to 10kW

Mercury

8¢ / kWh (With the exception of a couple of networks) or
12¢ / kWh (Only for newly supplied Mercury Solar customers that enter in a 3yr contract)

Up to 10kW

Trust Power

7¢ / kWh, + GST (Or peer to peer rates you negotiate via Trust Power's Solar Buddies Scheme - view details here)

Up to 10kW

Meridian

8¢ / kWh +GST

Up to 10kW

Genesis

8¢ / kWh excl. GST 

Up to 50kW

Ecotricity

7 - 8¢ / kWh + GST

-

Nova Energy

7.4 ¢ / kWh + GST

Up to 10kW

P2 Power

16¢ / kWh excl GST (Only for the first 50kWh exported each fortnight)
8¢ / kWh excl GST (Thereafter)
(You may be put on a waiting list to receive the 16¢ / kWh rate)

Any size

Powershop

7.5 ¢ / kWh + GST (Residential customers only)

-

You need to make sure that no more than half of your power is being exported to the grid (unless you have an exceptional buy-back rate), this is to secure a good ROI from your solar power system.

Energy Retailer Solar Power/Distributed Generation Application Forms and Links

Contact Energy - Buyback arrangement details & a link to download their application form
Trust Power - Domestic generation information
Genesis - Application for distributed generation
P2 Power - Solar buyback price details
Nova Energy - Nova Energy Solar buy-back price details

https://help.powershop.co.nz/sell-your-solar/how-much-is-your-buy-back-rate-for-solar/