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From the category archives:

Residential solar system prices

Residential Solar PV Price Index – November 2018

December 6, 2018

Average residential solar system prices have dipped down to $1.17 per watt ($/W) this month on the back of several factors, including changes to the composition of the Solar Choice installer network and updated pricing from installers that we work with. This is a new historic low. Meanwhile, average prices for popular 5kW systems have […]

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Victorian government offers $5,000 grants on Solar Batteries For 10,000 Homes

September 12, 2018

The Victorian Labor Government have announced that if they are re-elected they will provide half price batteries for 10,000 Victorian homes. This announcement is to add on top of the no interest loans if they are elected as well as the already offered solar PV subsidy. This battery storage incentive scheme was announced yesterday as […]

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Coastal Victorian town releases plans for “smart energy precinct” to help combat industry power costs

August 7, 2018
Thumbnail image for Coastal Victorian town releases plans for “smart energy precinct” to help combat industry power costs

A community effort to develop a multi-million dollar smart energy precinct in the Victorian coastal town of Port Fairy is underway, as a way to slash energy costs. The partnership between local businesses Bamstone, Southern Ocean Mariculture, Sun Pharma, not-for-profit Moyne Health Services and utility Wannon Water – with support from Deakin University and South […]

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Residential Solar PV Price Index – August 2018

August 3, 2018
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Average residential solar system prices have dipped down to $1.24 per watt ($/W) this month on the back of several factors, including changes to the composition of the Solar Choice installer network and updated pricing from installers that we work with. This is a new historic low. Meanwhile, average prices for popular 5kW systems have […]

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Solar Choice’s Solar & Battery Price Indexes are going quarterly!

July 12, 2018
Solar PV Price Index

In light of the fact that solar & battery system prices have stabilised in recent times, Solar Choice has made the decision to begin publishing our Price Indexes quarterly as opposed to monthly. The next suite of Price Indexes will be published in August 2018 (the Price Index’s six year anniversary); the next one after […]

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Residential Solar PV Price Index – June 2018

June 6, 2018
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Average residential solar system prices have dipped down to $1.32 per watt ($/W) this month on the back of several factors, including changes to the composition of the Solar Choice installer network and updated pricing from installers that we work with. While not a historic low (we’ve seen $1.30/W in December 2017), it is the […]

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Residential Solar PV Price Index – May 2018

May 3, 2018
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Average residential solar system prices continue to sit at about $1.35 per watt ($/W) for the second month in a row, despite a number of pricing updates from installers in the network across the country. A basic 5kW solar system – one of the most popular sizes – costs just under $5,700 on average, while ‘premium’ and […]

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Residential Solar PV Price Index – April 2018

April 12, 2018
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Average solar system prices again fell slightly between March and April, down to about $1.35 per watt, the lowest we’ve seen since the beginning of the year, but not as low as the record of $1.30/W set in December of 2017. For April 2018, 5kW systems are coming in at about $5,700 out-of-pocket on average for […]

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15kW solar systems: A great size for homes & businesses (if you can fit one on your roof)

March 20, 2018
Kennards Hire 15kW

15kW solar systems are a great system size for homes with high levels of energy consumption or businesses with small to middling energy needs – provided that they have sufficient roof space to install one. This article takes you through (almost) everything you might want to know about 15kW solar systems, including how much space […]

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Residential Solar PV Price Index – March 2018

March 14, 2018
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Average solar system prices dipped slightly between February and March 2018 – coming in at about $1.38 per watt as opposed to $1.40/W last month – according to the most recent data from Solar Choice’s installer network database. While average prices decreased for most capital cities, Sydney and Canberra saw slight increases, due in part to changes […]

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7kW solar systems: Prices, output & return on investment

February 28, 2018
Thumbnail image for 7kW solar systems: Prices, output & return on investment

7kW solar systems, once relatively uncommon, have grown in popularity in Australia as the average solar system size has increased. A 7kW solar system could be the perfect match for an ordinary household with higher-than-average electricity consumption, or for a small business with accordingly small electricity needs. Back when Australia’s solar industry began booming around […]

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Residential Solar PV Price Index – February 2018

February 14, 2018
Thumbnail image for Residential Solar PV Price Index – February 2018

Average solar system prices (on ‘primary’ offerings) have slipped slightly upwards since the beginning of the year, coming in at around $1.40/W – as opposed to about $1.30/W in December – due primarily to increased prices in Hobart & Melbourne. Average pricing for ‘premium’ and ‘microinverter’ systems, meanwhile, has dropped to $1.49/W and $1.80/W, respectively. Average solar […]

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What are the best cities for home solar battery storage? (January 2018 update)

January 24, 2018
Thumbnail image for What are the best cities for home solar battery storage? (January 2018 update)

Having just published an article on the state of Australia’s battery storage market at the beginning of 2018 (recently updated), we decided we would endeavour to shed a bit more light on payback period differences between each capital city. Which cities have the best conditions for home solar battery storage? We’ve ranked them below (with an […]

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Is home solar power still worth it in Australia in 2018?

January 11, 2018
Thumbnail image for Is home solar power still worth it in Australia in 2018?

Rooftop solar on its own is already affordable enough to be a smart choice for virtually any Australian home with an unshaded roof and some daytime electricity usage. This is true even in the absence of generous, state-backed solar feed-in tariffs and the (slight) reduction of the up-front incentive for solar available through the federal Renewable […]

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Residential Solar PV Price Index – January 2018

January 9, 2018
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In this month’s Solar PV Price Index, the average price for a ‘primary’/standard solar PV system offering remains almost unchanged from December, at about $1.31 per watt ($1.31/W). The average for a premium system was $1.56/W, while the average for a microinverter system was $1.93/W – both up slightly from last month. Average solar PV […]

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Residential Solar PV Price Index – December 2017

December 12, 2017
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The average price per watt ($/W) for primary offerings was $1.30 this month – down slightly from November and a new low since we began tracking prices in 2012. The average for a premium system was $1.54/W, while the average for a microinverter system was $1.86/W. December marks the second month using our new Solar […]

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Introducing Solar Choice’s Battery Storage Price Index (and a major overhaul of our Solar PV Price Index)

November 16, 2017
Thumbnail image for Introducing Solar Choice’s Battery Storage Price Index (and a major overhaul of our Solar PV Price Index)

Since the beginning of 2017, there have been over half a million views of battery storage-related pages on the Solar Choice website and well over 3,000 customer enquiries about batteries. These offer a fairly clear indication that people looking into solar are also interested in battery storage. A lot of this is thanks to coverage […]

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Residential Solar PV Price Index – November 2017

November 7, 2017
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We’ve introduced some major improvements to this month’s Solar PV Price Index. Namely: We’ve added 7kW solar systems to all tables We’ve included in new tables & data for ‘premium’ and ‘microinverter’ system offerings We’ve drawn clearer distinctions between ‘primary’, ‘premium’ and ‘microinverter’ pricing We’ve dropped 1.5kW systems from our data tracking (because so few […]

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Residential Solar PV Price Index – October 2017

October 17, 2017
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Average solar system prices hold stable for the third month in a row, with the average price per watt ($/W) for an residential solar system installation coming in at about $1.44/W. The most popular and best value solar system size is still 5kW, costing about $1.14/W or $5,700 for a fully installed system. (Due to […]

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Residential Solar PV Price Index – September 2017

September 5, 2017
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Average residential solar system prices are roughly on par with last month’s figures – about $1.43 per watt for a fully installed system. 5kW systems continue to offer the best value for money, at about $1.13/W, or about $5,600. Average solar PV system prices for September 2017 Prices in the table below include both the […]

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Residential Solar PV Price Index – August 2017

August 3, 2017
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Average residential solar system prices have risen slightly following two consecutive months at their lowest levels since Solar Choice began keeping track in August 2012. This month’s higher average price – $1.55 per watt, as opposed to $1.45/W last month- is undoubtedly due at least in part to the recent drop in STC values and […]

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STC prices are falling: What you need to know

July 20, 2017
Thumbnail image for STC prices are falling: What you need to know

‘The federal solar rebate is falling!’ is a cry that Solar Choice has been hearing pretty loudly from our customers, website visitors and installers in and outside our network for the past few days. From a customer’s perspective, what do you need to know about what’s happening with this government solar incentive? Understanding the federal STC […]

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Residential Solar PV Price Index – July 2017

July 12, 2017
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Average residential solar system prices for July remain mostly unchanged since June’s big shakeup, hovering at $1.34/W. 5kW solar systems continue to offer the best value for money, and Perth is still the city with the lowest average prices. Average solar PV system prices for July 2017 Prices in the table below include both the up-front […]

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Residential Solar PV Price Index – June 2017

June 21, 2017
Thumbnail image for Residential Solar PV Price Index – June 2017

This month saw one of the sharpest drops to average system prices since Solar Choice first began keeping track in August 2012. Between May and June, the average system price dropped 23c from $1.57 per watt ($1.57/W) to $1.34/W. This sudden decrease stands in sharp contrast to the very gradual changes that we’ve seen over […]

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3kW vs 5kW solar system: Which is a better investment?

May 15, 2017
Thumbnail image for 3kW vs 5kW solar system: Which is a better investment?

One of the first decisions a household considering solar will need to make is the capacity (in kilowatts, kW) of the system to be installed. Two of the most popular residential solar PV system sizes in Australia are 3kW and 5kW. Which system size is the better investment – and why? You’ll save the most […]

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Residential Solar PV Price Index – May 2017

May 11, 2017
Solar Choice logo

Average solar system installation prices for May 2017 hover at the same level as April‘s – $1.57 per watt ($1.57/W). 5kW solar systems continue to offer the best value for money at an average of $1.25/W – or about $7,100 installed. Average solar PV system prices for May 2017 Prices in the table below include both the […]

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Residential Solar PV Price Index – April 2017

April 10, 2017
Thumbnail image for Residential Solar PV Price Index – April 2017

Average residential solar system prices for April 2017 have crept to a fresh low of $1.57 per watt ($1.57/W) – slightly lower than March‘s average of $1.58/W but in keeping with the (very) gradual decline that we’ve been witnessing since the beginning of 2017. Average prices for 3kW, 4kW and 5kW solar systems also hit […]

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Residential Solar PV Price Index – March 2017

March 22, 2017
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Average residential solar PV system prices in Australia crept down to $1.58 per watt ($1.58/W) from $1.60 in February, according to data from Solar Choice’s installer network database. Although so slight as to be inconsequential, the drop represents a new low, with $1.59/W (in Sept 2016 and Dec 2015) being the next lowest since we […]

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Residential Solar PV Price Index – February 2017

February 14, 2017
Thumbnail image for Residential Solar PV Price Index – February 2017

Despite the decrease in the incentive available under the federal Renewable Energy Target that came in effect from last month, average solar PV system prices have moved little, according to our data. Although this month did see a slight reduction in prices (down to $1.60 per watt from $1.62/W in February), this is mainly attributable to changes in […]

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Residential Solar PV Price Index – January 2017

January 12, 2017
Thumbnail image for Residential Solar PV Price Index – January 2017

Average solar system prices for the new year continue to hover around $1.62/W, as they have for the past six months or so. Smaller systems (1.5kW – 2kW) continue to be the dearest on a $/W basis, while larger systems (5kW – 10kW) offer the greatest value in terms of peak output capacity. By our […]

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Residential Solar PV Price Index – December 2016

December 15, 2016
Thumbnail image for Residential Solar PV Price Index – December 2016

Average solar PV system prices for December sit at roughly $1.62 per watt ($1.62/W). Average system prices in Australia have hovered around this price point since about July of 2016, although there have been some changes on a city-by-city and size-by-size basis. Average solar PV system prices for December 2016 Prices in the table below include […]

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