Can Solar Power Save You Money?

Apr 5, 2024

In an age where renewable energy is not just a choice but a necessity, the question on many minds is, “Can solar power save you money?” At Vital Solar, we believe in providing our clients with detailed insights to make informed decisions. Let’s delve into this through five key points.

1. The Initial Costs of Solar Power Installation

The journey into solar energy begins with understanding the initial costs. These costs include purchasing solar panels, inverters, and other necessary equipment, along with installation fees. Premium products like Enphase & Sunpower panels and Schletter racking, which we use exclusively at Vital Solar, offer durability and efficiency but do come with an initial investment. However, this upfront cost is a gateway to long-term savings. As an experienced solar solutions provider, we emphasize the importance of seeing this as an investment in future savings and environmental sustainability.

2. Understanding Solar Incentives and Rebates

In New Zealand, the lack of government incentives or rebates for solar installations in homes and businesses can be a point of concern. However, it’s important to not let this deter you. The true incentive lies in the long-term reduction of energy bills and the move towards a more sustainable lifestyle. “Rewiring Aotearoa,” a landmark article, highlights that New Zealand is the first country in the world where it’s more cost-effective to have an electric home. This underscores the economic feasibility and appeal of transitioning to solar energy.

3. Break-Even Point and the Factors Involved

The break-even point is when the savings from your solar power system cover its initial costs. This point depends on various factors, including the cost of installation, your energy usage, and the rate of electricity price increases. We at Vital Solar factor in only a 3.5% increase in power costs when estimating the break-even point. However, with economists expecting power prices to potentially double in the next five years, the break-even point could arrive much sooner. This makes solar power an even more attractive investment for forward-thinking homeowners and businesses.

4. Long-Term Benefits and Savings

The longevity and quality of solar products play a vital role in long-term benefits and savings. High-quality panels and inverters not only ensure a longer lifespan but also reduce the likelihood of costly repairs and replacements. For instance, our panels come with a 25-year warranty, matching the quality and durability of the inverters we use. This synergy of high-grade components means that your solar system remains efficient and cost-effective for decades, underscoring the importance of choosing quality over price.

5. Additional Financial Considerations

When considering solar power, it’s essential to factor in additional financial aspects such as maintenance costs and potential increases in property value. Quality solar systems require minimal maintenance, which further reduces long-term costs. Additionally, the installation of a solar power system can increase the value of your property, making it a desirable feature for potential buyers or renters.


In conclusion, while solar power does involve an initial investment, its long-term financial benefits are undeniable. The lack of government rebates in New Zealand should not overshadow the significant savings in energy costs that solar power promises. By choosing quality products and considering all financial aspects, including potential property value increases and minimal maintenance costs, solar power proves to be a sound investment. At Vital Solar, we’re committed to guiding our clients on their journey to energy independence and financial savings through high-quality solar solutions, in line with New Zealand’s leading stance as demonstrated in “Rewiring Aotearoa.”

Embrace the power of the sun, and let us be your Energy Partner for Life.

Our guarantee

With extensive experience and certification by New Zealand Master Electricians, we are the trusted solar energy systems provider for Kiwi homes and businesses. With the highest level of compliance available in solar installation, we only work with products covered by a manufacturer’s warranty and we guarantee all our workmanship.

Our commitment

Vital Solar is a proud member of SEANZ, the Sustainable Energy Association of New Zealand.

SEANZ is an independent organisation that works hard to drive our sustainable energy future, leading the promotion, support and innovation of solar PV and energy storage technologies.

Because we’re members of SEANZ, we work to a strict SEANZ Code of Conduct. It also means you can apply for financing from your bank for solar energy systems from Vital Solar.

From start to finish, our solar journey with Vital Solar has been superb. We did extensive research and obtained 5 quotes before (easily) deciding on Cam, Maryann and the Vital Solar team. Cam (MD) is highly knowledgeable about all matters solar, and patiently answered all our questions. (Ours is a tricky South facing site, so there were many questions). Maryann was super helpful and kept the ball rolling with logistics and other queries. We decided to get Sun Power panels with Enphase microinverters and two Enphase IQ 5P batteries. Vital Solar’s installation and service team (including Sam and Keenan) was very professional, helpful and tidy. After the installation was complete, Maryann also helped us get the grid connection sorted. Such great people! We did our solar due diligence, and recommend the Vital Solar team very highly. Thank you guys!😊💯
Suki Harding
Suki Harding
For our small installation onto our villa the discussion, ongoing communication, installation, and final product was all excellent. We highly recommend this company
Tom Robinson
Tom Robinson
Vital Solar are awesome. They will listen to what you want, and educate you where necessary so that you can get a system that works best for you and your home. They take pride in their work and do a tidy job with quality equipment. I had a few extra requests such as a Solar hot water power diverter, and that was provided and installed with no hassle. I've asked for more information about extras (e.g. batteries) since the install, and have received friendly advice and follow up. I would recommend them over the big guys who you will either never hear back from, or they will quote something from their computer without even visiting your site.
Ryan Maxwell
Ryan Maxwell
Cannot recommend highly enough. Vital Solar took the time to understand our issues and come back with excellent information- waaayyyyyy more information than the original installer had ever shared. Which meant we could make good decisions. GREAT service, fantastic communication and just lovely individuals to work with. Highly recommended.
sandy pearson
sandy pearson
Cameron and Maryann are engaged and knowledgeable. Dealing directly with the owner is a distinct advantage, and the fact that Cameron visited and assessed the site before quoting was a key point in our choosing Vital Electric.
Alan Merry
Alan Merry
Had vital come through for a consult, and ended up going with an Enphase system, knowledge with the whole process and incredibly happy with total install.They truly went above and beyond my expectations a awesome crew
Andrew Dick
Andrew Dick
Vital Solar really know their stuff. I appreciated the education on solar as part of the sales process. The Vital Solar installation team, in their Vital Solar uniforms, were professional and kept us well informed as the installation progressed. Having a 25 year guarantee backs up the quality of both the product and the service from Vital Solar, giving us peace of mind. It's been worth paying a bit more with Vital Solar than some of the other providers we approached, to get quality. We're delighted with our new system. Did someone say power prices just went up again - not for us. Thanks Vital Solar.
David Schischka
David Schischka
Cam and his team at Vital Solar were recommended through a mutual friend. Definitely made the right choice to go with them for our residential PV install. A pleasure to deal with.
Luke Gowing
Luke Gowing

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5 Collard Place, Henderson, Auckland 0610