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What a commercial solar feasibility study includes, and when you need one

Michael Wilkins · Updated 13 June 2026

The short answer

A commercial solar feasibility study analyses 12 months of half-hourly consumption (the method EECA recommends), models generation from satellite irradiance for your site, sizes for self-consumption, structures financing and incentives, and states payback and IRR over 25 years with disclosed assumptions. Ours is independent: fixed fee, credited if you proceed.

What a proper study includes

  1. 1

    Half-hourly consumption analysis

    Twelve months of usage, half-hourly where your retailer provides it: the method EECA's commercial solar guidance recommends, because when you use power decides what solar is worth.

  2. 2

    Site-specific generation model

    Satellite irradiance for your actual coordinates, panel orientation and shading, derated 10 percent for real-world commercial installs rather than laboratory conditions.

  3. 3

    Sizing to self-consumption

    The system is sized to cover most of your daytime load, not to fill the roof, because self-consumed power is worth two to four times export.

  4. 4

    Costs from current bands

    Installed cost from the same published bands as our calculator, then tested against a competitive tender across SEANZ-certified installers if you proceed.

  5. 5

    Financing and incentives

    Live offers stacked cheapest rate first, the Investment Boost deduction stated at your entity's tax rate, and any uncovered remainder shown plainly.

  6. 6

    A 25-year cash flow you can audit

    Payback, IRR, lifetime savings and emissions, with degradation, opex and an inverter replacement included, and every assumption version-stamped and disclosed.

Why half-hourly data matters

Two businesses with identical $4,000 monthly bills can have opposite solar economics: one runs refrigeration all day, the other runs night shifts. Monthly bills cannot tell them apart; half-hourly interval data can. EECA's commercial-scale solar guidance recommends exactly this analysis over a 12-month period before sizing anything, and it is the foundation of our model rather than an optional extra.

What it costs, and why independence is the point

Our study is a fixed fee, credited against the project if you proceed with us, and the fee buys the answer rather than the sale: if solar does not stack on your site yet, the study says so with the numbers attached. We sell the analysis and the delivery management; we do not sell panels, so the model has no reason to flatter the system size.

On co-funding: EECA supports feasibility studies at 40 percent up to $50,000, but only for organisations spending more than $1.5 million a year on stationary energy. That is meat processors and large manufacturers, not owner-operated farms and wineries, so our study is priced for the businesses the scheme misses.

Red flags in free vendor assessments

  • Vendor-claimed yields with no derate: laboratory output survives neither bird droppings nor a Southland winter.
  • Self-consumption assumed, not derived: the single number that most decides payback, presented without interval data behind it.
  • No degradation, opex or inverter replacement in the cash flow, flattering year 15 onwards.
  • Residential buy-back rates applied to a commercial-scale export profile.
  • Investment Boost presented as a 20 percent discount rather than a deduction worth about 5.6 percent in year-one cash at the company rate.

Every one of those is checkable against this site: our cost and payback guide publishes the bands and the method, and the calculator publishes its assumptions, version and all.

Run your own numbers

Conservative assumptions, fully disclosed, no contact details needed.

Your indicative numbers

Conservative, ex GST, modelled not promised

System size

69 kW

Sized to your daytime load

Installed cost

$108,823 to $148,646

Confirmed with certified installers

Investment Boost, year one

about $7,209

A 20% immediate tax deduction, worth this in cash at the 28% company rate. Not a discount.

Estimated annual saving

$18,779 to $22,257

80% of generation used on site

Indicative payback

4.5 to 7.5 years

Net of the Investment Boost benefit

Asset life

25+ years

Panels keep producing long after payback

ASB Smart Solar Loan: 0% for 5 years

Your current bill

$4,000/month

Loan repayment

$2,146/month

Estimated saving

$1,710/month

Reverts to a floating business rate after five years.

On these numbers the monthly repayment of $2,146 sits at or below your current bill of $4,000 while the loan runs, and the power keeps getting cheaper after it ends.

How this is modelled (assumptions v2026-06-v3)
  • Power valued at $0.25 to $0.30/kWh ex GST (savings are never valued at the top of the commercial tariff range).
  • Export credited at $0.08/kWh, the conservative end of current buy-back rates.
  • Installed cost interpolated from 30 kW ($1,800 to $2,600/kW) down to 500 kW ($1,100 to $1,500/kW), 2025/26 working ranges.
  • Central Otago and Queenstown Lakes yield modelled at 1260 kWh per kW per year.
  • Self-consumption capped by your daytime usage profile and held below typical vendor claims; sizing targets 90 percent of daytime load.
  • Investment Boost stated as the year-one cash value of the 20 percent immediate deduction at the 28 percent company rate. It is a tax timing benefit, not a discount.
  • No power price escalation and no panel degradation in simple payback; omitting escalation outweighs degradation, so the net effect is conservative.

Indicative only; not financial or tax advice. The feasibility study models your site from twelve months of actual bills.

Get these numbers checked properly

The real model is built from twelve months of your bills. Send your details and we will do it for you; we reply within one working day, no obligation.

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Straight answers

What does a commercial solar feasibility study include?

A proper study analyses 12 months of consumption (half-hourly where available, the method EECA recommends), models site-specific generation from satellite irradiance, sizes the system to your daytime load, prices it from current cost bands, structures financing and incentives, and states payback, IRR and emissions over 25 years with every assumption disclosed.

What data do I need to provide for a solar feasibility study?

Twelve months of power bills at minimum; half-hourly interval data from your retailer is better and usually free to request. Add your address (for satellite irradiance and roof geometry), what the big loads are and when they run, and your tax entity type so incentives are stated at the right rate. No site visit is needed for the desk study.

What does a solar feasibility study cost?

Ours is a fixed fee, quoted up front and credited against the project if you proceed with us. The deliverable is the full model either way: if the honest answer is that solar does not stack for your site yet, the study says so and you have spent a fixed fee to avoid a six-figure mistake.

Can I get EECA co-funding for a feasibility study?

Only if you are a large energy user: EECA co-funds 40 percent of feasibility costs up to $50,000 for organisations spending more than $1.5 million a year on stationary energy. Most South Island farms, wineries and packhouses sit well under that threshold, which is why our study is priced for owner-operated businesses instead.

Why not just get a free assessment from a solar company?

Because the assessor is selling panels. Free vendor assessments routinely use vendor-claimed yields, undisclosed self-consumption assumptions and no degradation, opex or inverter replacement in the cash flow. An independent study models conservatively, publishes its assumptions and is paid to be right, not to close a sale.

For your industry and region

More from this guide

Start with the two-minute version

The calculator is the study's little sibling: same assumptions, published openly. When you want the half-hourly truth, book the study.

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