We’ll buy your excess solar power for 17c/kWh and give you a $300 credit* – exclusive to our three-year fixed rate Solar Plan.
We'll buy your excess solar power for 17c/kWh* and give you a $300 credit*.
You’re guaranteed a buy-back rate of 17c/kWh for three years on our Solar Plan, giving you peace of mind in times of rising cost of living. We also provide buyer-created tax invoices, a real time-saving benefit for GST-registered customers.
Whether you’re on a Meridian Solar Plan or not, we can buy-back excess solar power you’ve generated. You’ll get the best rate when you sign up to our Solar Plan, but we also have plans to suit your lifestyle – like if you’re a proud EV owner or want to add your bach.
Plan comparison
|
Plan |
Buy-back rate |
Offer |
Term |
| Solar Plan | 17c/kWh | $300 credit* | 3 years |
| EV Plan | 12c/kWh** | 50% off night + 6 months' worth of free charging^ | 2 years |
| Freedom Plan | 12c/kWh** | $10 credit per month for a year^ | none |
| Bach plan | 12c/kWh** | No daily charges^ | 2 years |
Questions about moving your solar power to Meridian? Find the answer here:
Sign up with us (if you haven’t already). You’ll also need an import/export meter which – if you're connected to the electricity grid – would have been installed when you had your solar installed. An import/export meter has two registers – one to record the energy you use and the other to track the electricity you export back to the national grid. If you don’t yet have solar or you’re getting grid connected, we’ll work alongside you, your solar provider; or we’ll help you organise a meter installer to ensure you have the right meter. An import/export meter costs around $150.
We recommend reaching out to local solar installers in your area and getting multiple quotes. Check product warranties and get your questions answered. Installers should look at your yearly power consumption and size the solar system to maximise self-consumption (this is the energy you use that comes from your own solar system).
Each property can only be on one plan at a time. If our ‘Solar Plan’ does not work for you, you will still get a 12c/kWh* buy-back rate for excess solar with our other plans.
*12c/kWh rate is variable during the term of your plan.
GST usually does not apply to the electricity you generate and export back to us, unless you are GST registered and using business assets for generation. In that case, GST applies to the exported electricity.
If you are not registered for GST, your solar generation will not be subject to GST.
If you’re GST registered and your solar power generation is part of your business activities required to be reported on for GST purposes, please provide us with your GST number we’ll update your Meridian account.
Once your GST number is linked, we will apply a GST credit equal to 15% of your GST exclusive export credit amount on your buyer created tax invoice (BCTI), which appears at the bottom of your monthly statement.
A Buyer-Created Tax Invoice is an invoice we create on your behalf. Think of it as an invoice from you, charging us for your exported solar power. If you are GST registered and created the invoice to send to us yourself, you would need to include the GST amount and your GST number on your invoice. Providing us with your GST number allows us to do this for you.
Below is an example of a customer bill with GST included.
Fill in a few details below and we’ll be in touch to answer your questions or if you’re ready, get the sign up process started.
You’ll need an import/export meter installed before we can buy your solar, but we’ll help you get one installed if needed. Chat with us about your meter.
Keeping your GST information accurate is important as it directly affects how your exported electricity is taxed. If you think your GST status may be incorrect or has recently changed, please let us know.
Simply fill out the form below, and our team will review your information. We’ll either update your account or get in touch if we need more details.