What will I be paid for my excess electricity?

Unlike other countries there are no policies in NZ governing the buy back tariffs of exported electricity generated from micro generators, it is up to each energy retailer to set their own rates. Traditionally Meridian and Contact Energy have offered the best buy back tariffs.

When trying to choose the best energy retailer for your needs it is also worth considering what each supplier’s retail tariff is for your area, this will have a bearing on the total financial efficiency of your system.

Due to the fact that there are no fixed buy back tariffs it is sometimes better to design a system where the output is self consumed, (used within the home), rather than focussing on generating a revenue stream.