Commercial Solar PV Price Index: April 2016

The average price of a fully installed commercial-scale solar system changed little between March and April 2016 – holding steady at about $1.33 per watt. While there were slight increases in 10kW and 30kW system prices, this was offset by decreases in 50kW and 100kW system prices.

Commercial solar system prices (10kW-100kW)

All prices in the tables below include incentives available through the federal Renewable Energy Target as well as GST.

Table 1: Commercial solar PV system prices for April 2016 (average)

Average commercial system prices April 2016

Table 2: $/W commercial solar PV system prices for April 2016 (average)

Commercial solar PV system prices per watt April 2016

Historic pricing for popular commercial solar system sizes

10kW solar system prices commercial April 2016 30kW commercial solar system prices April 2016 50kW commercial solar system prices April 2016 100kW commercial solar system prices April 2016

Commercial system prices – All system sizes

Commercial solar system prices April 2016 disc adj

 

A note about the ‘Solar Choice discount’

From May 2014 until October 2015, calculations for our monthly Commercial Solar Price Index articles excluded the discount available through Solar Choice network installers exclusively to Solar Choice customers. From November 2015, however, we have excluded this figure, which works out to approximately 14c/W in most instances. The chart below retroactively applies this amount to every month since the Commercial Price Index’s inception to give a rough idea of how prices have fluctuated historically, but should be seen as an approximation as opposed to a completely accurate representation. (We’ll look into properly applying the actual, listed discounts to the dataset at some point in the near future.)

Commercial solar price index April 2016

 

About this data

Tables and charts included in this article were compiled using data from Solar Choice’s installer network database, which contains regularly-updated pricing and product details from over 100 solar installation companies across Australia. Although all pricing calculations do account for federal incentives and GST, they do not incorporate meter installation fees or additional costs, such as ground-mounting or grid connection studies. ‘Premium’ installer offerings are not included in the calculations.

© 2016 Solar Choice Pty Ltd

Jeff Sykes