
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:

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."
Opportunity will establish a $1 billion Industry Energy Resilience Fund so New Zealand businesses can switch away from fossil fuels faster, cutting emissions while strengthening energy security and reducing costs.
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Read moreDownloadNew Zealand spends about as much on petrol and diesel as it earns exporting concentrated milk. Mike Casey says that money leaves the country, and most of it does not have to. He runs a cherry orchard in Central Otago on 21 electric machines, and a $50,000 diesel bill became a $25,000 revenue stream before financing costs. What I Asked Mike👉 How much money does New Zealand lose every year buying fuel from offshore?👉 What did it actually cost to electrify 21 machines?👉 What is the real payback period, machine by machine?👉 What can you do if you lease your building and cannot touch the roof?👉 Who should not do this?
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