Mar 6, 2025
Mysolarquotes charts costs of solar and batteries in New Zealand, finds bigger is better

After surveying almost 100 New Zealanders about their solar and battery installs, Mysolarquotes recently released 'The Hidden Costs of Solar and Battery Systems in New Zealand: 2024 Insights' report. And it's good news for customers looking to go big.

As the report summarised in its key takeaways section: 

  • Solar Panel System Costs: Prices vary widely depending on the provider, brand, and installation specifics.
cost for solar power in new zealand: average price per kW
  • Cost Efficiency with Larger Systems: Larger systems offer better cost efficiency, with the price per kWh decreasing as system size increases.
  • Average Price For A Solar Power System: The typical solar power system size from our dataset was a 7kW, the average cost for this system size was $16,492.
  • Battery Systems Prices: The average battery cost is $1,249.79 per kWh, with smaller systems offering affordability and larger systems offering better value per kWh.
  • 2025 Price Outlook: Brace yourself for steady prices or tiny shifts as global markets play tug-of-war with supply, demand, and tariffs.

As the author Kristy Hoare concludes: "Yes, solar and battery systems are a significant investment, but they’re also a ticket to long-term energy independence and peace of mind. With low-interest loans from major banks, more Kiwis are taking the leap into renewable energy without the immediate financial pinch. Ultimately, investing in solar is about more than just the numbers. It’s about taking control of your energy future, contributing to a cleaner environment."

Rewiring Aotearoa CEO Mike Casey was pleased to see the prices matching up closely to its own estimates and says it's always smart to get a few quotes to compare. 

"Every home is different, but most homes are similar so it's good to get a ballpark figure. If you've got a difficult roof, or you need some other upgrades, you can expect to pay more but almost everyone we talk to who goes for it thinks it's a good decision."

The only point of contention was around battery prices and the expectation that they won't drop much this year.

"With the precipitous declines we're seeing from some manufacturers, we believe they will also be dropping in price rapidly for customers - and this is also likely to have an impact on the price of EVs."

Read moreDownload the document here

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