Answered
Question 7144 (2026)
- Question published
- Reply lodged
Bookmark
Asked by
Megan Woods
Member for Wigram · Labour Party
Question
-
What are the expected payback periods for solar-only systems versus solar-plus-battery systems by region, based on the latest data available?
Answered by
Hon Simon Watts
Member for North Shore · National Party · Minister for Energy
Answer
EECA estimates payback period for solar systems can be from 7-12 years for the average household. As batteries are still relatively expensive, they can increase the payback period. This can vary by region based on factors such as sunshine hours and electricity usage.