Power at your fingertips

Solar with wholesale electricity pricing

Access the real-time, variable wholesale price for your solar buy-back rate, for electricity you sell back to the grid. Join any Flick plan and ride the highs and lows of the wholesale market to earn from your solar. Battery owners have the potential to earn even more by monitoring live electricity prices and exporting when the wholesale price is high. In June 2024, the average wholesale price across all regions in NZ was 26c per kWh (ex. GST) during sunshine hours 9am-4pm*.

How it works

Export your excess or stored energy to the grid at the variable wholesale electricity price that changes every 30 minutes. It’s the real-time, real-deal price for everything you sell, and is credited directly to your Flick account (exclusive of any network fee**). You can see live wholesale prices for every region on the EMI's Wholesale Information Trading System

Average monthly wholesale price during sunshine hours

Here’s the past year’s monthly average wholesale price and a three month forecast view between 9am-4pm. Prices represented are exclusive of GST. Please see our FAQ on how this is calculated***.

Important: Wholesale prices are volatile and unpredictable. The forecast is a prediction for indicative purposes. Actual prices are likely to be different, potentially materially different.

Average wholesale price sunshine hours (9am-4pm) monthly view

Get more bang for your buck with a battery

Based on a full day’s view of the average wholesale price, we reckon the best times to export excess or stored energy is typically during the morning (7-9am) and afternoon (4-8pm) peak periods. 

Battery owners have the potential to set their battery to chosen time periods where the price is typically high, to export stored energy back to the grid. For those keen to level up and nerd out, closely monitor the wholesale market movements and export when prices are elevated, helping you get closer to paying off your panels. Win!

Solar daily trend graph for wholesale buy-back rates

This graph is broadly representative of New Zealand's average daily wholesale price fluctuations between Jan 2021 - Dec 2023. The current, live wholesale price is not shown, as the purpose of this graph is simply to illustrate that the rate fluctuates. Please note historical data is not a guarantee or necessarily indicative of any future price trend.

More reasons to join Flick with solar

Utilise off-peak hours on Off Peak

For battery owners, if your sunlight hours start to taper off in the afternoon, consider topping up your battery with electricity from the grid during off-peak hours (3-5pm) on our Off Peak plan. Import your energy from the grid when demand is low and electricity prices are cheaper, so your battery will help you minimise your evening power use from the grid during peak hours.


Off-peak hours are 11am-5pm, 9pm-7am and all weekend

Smart tools 

Right now you can analyse your data in the Flick App by comparing how much electricity you’ve bought and sold. 


Mobile app dashboard

Helping Aotearoa's grid

Becoming more self-sufficient with solar by reducing your reliance on importing electricity, means a little bit less pressure on the grid. Ka pai!

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Still ironing out the kinks

Our trial stage still comes with some wrinkles - but we’ll be billing you correctly every billing period. Here’s a list of the major limitations currently in this trial:

  • Your power bill email subject line only shows your bought electricity total

  • We can’t currently serve customers with ARCs meters (get in touch if you’re unsure if this applies to you)

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Utilise off-peak hours on Off Peak

For battery owners, if your sunlight hours start to taper off in the afternoon, consider topping up your battery with electricity from the grid during off-peak hours (3-5pm) on our Off Peak plan. Import your energy from the grid when demand is low and electricity prices are cheaper, so your battery will help you minimise your evening power use from the grid during peak hours.


Off-peak hours are 11am-5pm, 9pm-7am and all weekend

Smart tools 

Right now you can analyse your data in the Flick App by comparing how much electricity you’ve bought and sold. 


Mobile app dashboard

Helping Aotearoa's grid

Becoming more self-sufficient with solar by reducing your reliance on importing electricity, means a little bit less pressure on the grid. Ka pai!

//images.ctfassets.net/6tcv807rkpv1/7JpsFpE7nDEmiEkmTr6xdI/9b184f23e354424644e95cf9d2eaf451/FLICK0023_Website_112__HomeGeneration_FA_600x640.svg

Still ironing out the kinks

Our trial stage still comes with some wrinkles - but we’ll be billing you correctly every billing period. Here’s a list of the major limitations currently in this trial:

  • Your power bill email subject line only shows your bought electricity total

  • We can’t currently serve customers with ARCs meters (get in touch if you’re unsure if this applies to you)

//images.ctfassets.net/6tcv807rkpv1/PkikgikMNTQMAeiLZoZeT/98a6453179d446c3411cf41b9f584e5a/FLICK0023_Website_114__HomeGeneration_FA_600x640.svg

By selling my excess power back to the grid at the wholesale price, I get a great incentive to reduce my own consumption. I like Flick’s wholesale buy-back rate better than other fixed-rate offers because I know I’m always getting the market price” - Derek, solar and battery customer, long-time Flickster

Solar power plan FAQs

*How do we calculate the average sunshine hours wholesale price?


The average wholesale price for sunshine hours is calculated by taking every 30-minute wholesale electricity price between 9am-4pm every day of each calendar month and calculating the average of the prices during each month. This is indicative of the NZ-wide wholesale price sourced from the Electricity Authority's 'Wholesale price trends' dataset and is exclusive of GST.

What was the 24hr daily average wholesale price last month? (June)

Average daily price across 24hrs for June: 17.44c / kWh
The averages are calculated by summing every 30-minute wholesale price from WITS for each day in the month June (1-30 June 2024), and dividing the sum of all the wholesale prices in each day by the number of wholesale prices in that day (48). Then the average price for each day in the month is summed and divided by the number of days in the month (30 in June). This is indicative of the New Zealand wide wholesale price sourced from the Electricity Authority's 'Wholesale price trends' dataset and is exclusive of GST.



What’s Flick’s current wholesale solar buy-back rate?

Our solar customers have access to wholesale power prices (also known as spot prices) for their variable buy-back rate. This means that the price of your exported electricity fluctuates with the wholesale electricity market, with prices changing every 30 minutes depending on supply and demand.

You can see live wholesale prices for every region on the EMI's Wholesale Information Trading System. Wholesale prices are updated every 30 minutes.

**Are there fees?

A handful of networks across Aotearoa charge a small fee (less than 1c/ kWh) on export. These networks are: Northpower, Top Energy, Marlborough, Nelson, Counties, and Waipa.

It's worth noting that in the future, some networks may decide to charge a small fee for export, too. If this happens, we’ll give you as much notice as reasonably practicable.


***How is the average wholesale price for sunshine hours and forecast calculated?

The data shown for June 2023-June 2024 is from the Electricity Authority’s Wholesale price trends dataset and is broadly indicative of wholesale prices across New Zealand during 9am-4pm for each month in that period and is exclusive of GST. The data shown from June-Aug 2024 is a forecast view of the indicative wholesale price calculation using Energy Link’s rolling average monthly forecast prices. These have been adjusted to provide a representation of the forecast wholesale price for sunshine hours (9am-4pm), by applying a weighted factor based on 2023 Wholesale Information Trading System (WITS data) indicative of wholesale pricing for the Haywards node for the applicable month. The weighted factor is calculated by dividing the average wholesale price for the full 24 hour period by the average wholesale price for sunshine hours and is exclusive of GST.

Important:  Wholesale prices are volatile and unpredictable.  The forecast is a prediction for indicative purposes.  Actual prices are likely to be different, potentially materially different.

Does the wholesale buy-back rate ever drop?

Yes, buy-back rates typically decrease when there’s less demand for energy across New Zealand. 

Lots of things influence the wholesale prices! New Zealand has lots of renewable generation so weather plays a big role. If there’s lots of wind and rain in the right places, wholesale prices will tend to drop, and conversely, if they’re in short supply, wholesale prices will increase. Seasonal demand has an influence too (for example, collectively NZ uses more power in the winter than we do in the warmer months), and the availability and current prices of thermal generation, like gas and coal, has an impact as well.




Where can I learn more?

Sure, Flick has a blog, you can read here.


Is the variable buy-back rate available for other types of home generation?

Yes! If you have a source of electricity generation at home, like wind turbines then our variable wholesale buy-back rate is available to you.

More reasons to choose Flick