Massive New Boost for Farm Solar Power Systems

Massive New Boost for Farm Solar Power Systems

Massive New Boost for Farm Solar Power Systems

If you've been waiting for the right moment to upgrade your farm with a solar power system, that moment is now. The New Zealand government has just launched a game-changing funding initiative to help farmers slash electricity bills and improve long-term resiliency by installing renewable energy systems on the farms.

Powerful New Support for Solar Panel Installation

From 18 September 2025, farmers can apply for up to $200,000 in government co-funding to purchase and install a solar power system and on-farm battery storage. The program supports systems sized from 30 to 500kw, covering up to 40% of the cost of inverters and batteries and 20% for solar array components. That means more financial relief, faster payback, and a compelling case for installing renewable energy systems on your farm. 

New: Interest-Free and Low-Cost Bank Loans for Farmers

Major New Zealand banks are making it even easier to act now:

  • ASB's Smart Solar Loan: Up to $150,000 interest-free for five years, dedicated to funding solar and battery systems for rural customers.  This market-leading offer lets you implement a tailored battery and solar panel installation with minimal upfront financial pressure. 
  • ANZ Good Energy Agi Loan: This flexible product enables customers to borrow $5,000 to $80,000 at a very low fixed rate for three years, supporting energy-efficient solar upgrades to farm houses and eligible properties. It allows you to install renewable energy systems on your farm without large outlays.

BNZ, Westpac and Kiwibank  also offer sustainable energy farm loans. 

These loan options are structured so that monthly payments often match the savings generated by your new solar power system, meaning many farms see costs offset from day one.

Don't Forget the Tax Depreciation and Instant Deductions!

In addition to grants and loans, the 2025 Investment Boost gives businesses, including farms, the ability to claim an immediate 20% tax deduction on the cost of new solar power assets in the year they are purchased. Businesses can also depreciate the remaining cost over time. 

This tax incentive effectively lowers the upfront cost of your battery and solar panel installation, accelerating return on investment and improving cash flow from day one. 

Why Go Solar Now?

  • Immediate Savings: Solar power systems can reduce farm electricity bills by 40-70% annually, offering strong ongoing returns. (ref: Rewiring Aotearoa)
  • Operational Resilience: On-farm solar plus batteries provide backup power and reduced exposure to volatile, rising grid prices, which is essential for irrigation, cooling, and other energy-intensive processes.

Trust AA Solar for Your Battery & Solar Panel Installation

AA Solar is a rural solar specialist. We offer feasibility studies, custom system design, full ROI modelling, guidance on grants and financing, and expert installation. Our track record shows that Kiwi farmers are slashing costs while future-proofing their operations by installing renewable energy systems tailored to their needs.

Take advantage of these unprecedented offers!

Contact AA Solar today to discuss how a government-backed grant or a zero-interest farm loan, and tax depreciation could bring your solar power system project to life.  With solutions for every farm and every budget, now is the time to secure your place in New Zealand's clean, affordable energy future.

 

 

 

 

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