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Making your choice easier

Finance options

At World Solar, its our mission to get more Kiwi homes, businesses and farms installed with a solar energy package that meets their needs.

Likewise financial institutions, government and local bodies also see the benefit of solar.  here are just a few of the options available to you to help finance an installation.

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We already work with your favourite institutions

Find out about interest free finance options for up 50 months*

Remember, we do this all the time - and can really help you start this process.

Westpac Greater Choices Home Loan

Westpac Greater Choices Home Loan

Get up to $40,000 interest free for 5 years to invest in a warmer and energy efficient home.

The benefits:
  • A warmer, drier, healthier and energy efficient home.
  • Interest-free loan up to $40,000 for 5 years.
  • Choose a mix of insulation, heat pumps, double glazing, ventilation, wood burners, solar power systems and batteries, as well as electric vehicle chargers.
  • Flexibility to make lump sum payments or pay the loan off earlier without payment costs.
  • Westpac Warm Up is available for new or current Westpac Choices Home Loan customers.
  • No establishment fee applies.
Find out more
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ANZ Good Energy Home Loan

ANZ Good Energy Home Loan

Get up to $80,000 at a fixed rate of 1.00% Per Annum for 3 Years to invest in a more energy efficient home.

If you have a home loan with ANZ, you can apply for the ANZ Good Energy Home Loan top up to the maximum value of $80,000 to invest in any ANZ Good Energy Upgrades such as Solar Panels and Solar Batteries which is part of the Renewable energy upgrades criteria

Find out more
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ASB Better Homes Top Up

ASB Better Homes Top Up

Get up to $80,000 at a fixed rate of 1.00% Per Annum for 3 Years for a drier, warmer or more energy efficient home.

If you have a home loan with ASB you may be eligible to apply for their Better Homes Top Up. You can use this loan to purchase solar power systems and keep your home dry and your power bills down. For more information on eligibility criteria click on Find out More.

Find out more
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BNZ Green Home Loan Top Ups

BNZ Green Home Loan Top Ups

Borrow up to $80,000 at a 1% p.a. 3 year fixed rate to pay for upgrades to your home energy systems.

If you have a Home Loan with BNZ you can apply for a Green Home loan top up to make your home warmer and more energy-efficient. Invest in renewable energy for your home and use the loan to install solar panels, batteries, and inverters (including related costs for planning and installation).

Find out more
Modern two-story house with solar panels on the roof, a two-car garage, landscaped yard, and surrounded by other homes in a suburban neighborhood.

Kiwibank Sustainable Energy Loan

Kiwibank Sustainable Energy Loan

Get up to $2000 towards a solar panel system with Kiwibank to start your sustainable energy journey.

If you borrow more than $5,000, Kiwibank will contribute up to $2,000 over four years towards the cost of the system – $800 at the end of the first year and $400 at the end of each of the following three years.

Find out more
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Get 50 Months Interest Free with Gem Visa

Get 50 Months Interest Free with Gem Visa

The team at World Solar have made solar energy even more appealing with a great finance option from Gem Visa Card.

Gem Visa Offer:

  • 50 Months Interest Free with a minimum spend of $100*
  • Pre-approval with normal credit and lending criteria to be met
  • Same warranties still apply
  • Easier to manage your cashflow
  • Easier to manage your budget
Apply here
A modern house with a rooftop solar panel array, a swimming pool, lounge chairs on a wooden deck, and outdoor seating areas, surrounded by greenery under a blue sky.

^Information on this page may differ from the information stated by the listed financial providers. Please refer to the official websites of the listed financial providers to see the most up to date benefits, requirements, eligibility and any terms & conditions of the offers.

*Minimum spend $100 using Gem Visa or Gem CreditLine. Normal credit and lending criteria and fees apply. Credit and lending criteria, $55 establishment fee and $52 annual account fee apply. Prevailing interest rate (currently 25.99% p.a.) applies to any outstanding balance on the expiry of the interest free period. Credit provided by Latitude Financial Services Limited.

Stuck?

Frequently Asked Questions

What solar finance options are available in New Zealand?

In New Zealand, solar can be financed through green loans, mortgage top-ups, interest-free finance plans, installer payment plans, and business tax incentives, making it possible to install solar with little or no upfront cost.

Can I get interest-free finance for solar panels?

Yes, interest-free finance for solar panels is available in New Zealand, mainly through special bank “green loans” or home-loan top-ups designed for energy-efficient upgrades.

How does the Westpac Warm Up Loan work for solar?

The Westpac Warm Up Loan allows homeowners to add solar to their home by borrowing up to around $50,000 interest-free for five years as a mortgage top-up, helping spread the cost while reducing power bills.

What is the ANZ Good Energy Home Loan for solar panels?

The ANZ Good Energy Home Loan is a special finance loan it allows homeowners to borrow up to $80,000 at a very low fixed rate for three years as a mortgage top-up to install solar panels or other energy-efficient upgrades, helping reduce energy costs and environmental impact.

Do I need a deposit for solar panel finance?

In many cases, you do not need a deposit for solar panel finance in New Zealand, especially if you use a green loan or home-loan top-up through your bank. These loans are typically added to your existing mortgage, allowing you to borrow the full cost of the solar system without paying money upfront.

Can I finance solar panels with bad credit?

You can sometimes finance solar panels with bad credit, but approval is less certain. Bank green loans usually require stronger credit, while installer finance or retail credit options may be more flexible depending on the lender.

How much can I borrow for a solar system in NZ?

In New Zealand, the amount you can borrow for a solar system depends on the bank and finance option, but most green loan programmes allow between about $40,000 and $80,000.

What are the repayment terms for solar finance?

Repayment terms for solar finance in New Zealand depend on the type of loan and lender, but most options are designed to make payments manageable while you benefit from energy savings.

Is solar finance available for businesses?

Yes, there are several solar finance options available for businesses in New Zealand, designed to reduce or remove the large upfront cost of commercial solar systems.

Can I pay off my solar loan early without penalties?

Many solar finance options in New Zealand allow early repayment, but some loans may charge a fee, so it’s important to check the specific terms of your loan agreement before signing.

What is the interest rate on solar panel loans?

The interest rate on solar panel loans in New Zealand varies depending on the type of finance, but many “green loans” offer very low or even zero interest for a limited period.

How do I apply for solar finance through World Solar?

Applying for solar finance through World Solar typically involves getting a quote, selecting a finance option, submitting an application with a bank or finance provider, receiving approval, and then installing the solar system.

What will it cost
and how much could I save?

Solar can save you money off your power bill from Day 1 of installation (see our video here).

Use our calculator to quickly estimate your potential savings with solar. Once you’ve got an idea, we can help you with a more accurate assessment by asking a few more questions.

Calculate your savings
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