Generating electricity at home?
If you generate your own electricity, and you are a Nova Energy residential customer, we can pay you for the excess power you generate or ‘export’.
Our current export buy-back rate is:
7.4 cents per kWh*
*This export rate excludes GST and any applicable prompt payment discount. It is effective 1 September 2018 and is subject to change with 30 days’ notice.
Nova Energy’s buy-back rate applies to all excess or exported domestic electricity generation, produced by solar panels, wind and small hydro schemes rated to generate up to 10kW.
We set our buy-back rate to take into account the average price we pay for electricity on the New Zealand wholesale market. (Our buy-back rate is lower than the price you pay for your electricity because this includes other pricing elements such as network charges and our operating costs).
Call us on 0800 668 236
For more information on home electricity generation please visit: