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Solar PV Price Index: October 2016

Average solar system prices for Australia’s capital cities rose slightly (to $1.63/W) between September and October. Price increases were seen primarily among smaller systems (1.5kW5kW) in a handful of cities, while 10kW system prices remained steady.

The figures in the tables below are based on quoted prices from our network of 100+ installers across Australia. All prices in the tables below are after the STC incentive has been applied and inclusive of GST; they represent the total retail cost of having the system installed.

Average quoted price by city and system size

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Prices for each system size are colour-coded. (Dark red for highest, dark green for lowest, yellow for mid-range prices.)

Median dollar-per-watt solar system prices

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Median solar system prices (per watt) for all cities and system sizes, colour-coded from low (dark green) to high (dark red).

Historic price trends by system size (since January 2016)

re-1-5kw-solar-system-prices-oct-2016 re-2kw-solar-system-prices-oct-2016 re-3kw-solar-system-prices-oct-2016 re-4kw-solar-system-prices-oct-2016 re-5kw-solar-system-prices-oct-2016 re-10kw-solar-system-prices-oct-2016

 

Historic price trends: All system sizes (since January 2016)

(The table below does not incorporate system pricing data for Darwin.)

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About Solar Choice

Solar Choice is a brokerage and comparison service for solar PV systems servicing the whole of Australia. Since 2008, we have assisted over 100,000 Australian households and thousands of businesses make an informed choice about going solar. We also develop large-scale solar farms, and have been offering Battery Storage Quote Comparisons since August 2015.

About this data

Since 2012, Solar Choice has been tracking residential solar PV system installation price trends in Australia’s capital cities (with the exception of Darwin). The data that we publish has been referenced by a wide range of organisations both inside and outside Australia – from government bodies, not-for-profits and academics to financial services companies and – of course – residential solar PV system shoppers and installers.

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 accredited solar installation companies across Australia. All prices that appear are net of the federal STC incentive and inclusive of GST. In most instances, prices do not incorporate meter change fees, and exclude travel costs or additional charges for special circumstances (e.g. slate roof or 2-story+ building). Installers’ premium and microinverter/power optimiser offerings are not included in our calculations.

A more in-depth version of this month’s index is available here on the Solar Choice website. Solar Choice also publishes monthly insights about commercial solar PV system prices (10kW-100kW), the most recent of which can be found here.

© 2016 Solar Choice Pty Ltd