Residential Solar PV Price Index: June 2015

Average residential solar PV system prices remain largely unchanged between May and June 2015, hovering around $1.86/W nationally. What appears as price rises in Melbourne were actually due mainly to a smaller installer sample than the previous month. Meanwhile, system prices in the other capital cities either stayed flat or decreased slightly.

Average solar PV system prices for June 2015

All prices in the table below include the federal STC incentive which installers ordinarily include in final system prices. GST is also included. Solar Choice Average Solar System Prices June 2015

Solar system prices for June: $/W averages, highs & lows

Solar Choice High Low Average System Prices June 2015

About STCs

STCs accounted for a price reduction of approximately 79c/W for Zone 3 cities (Sydney, Canberra, Perth, Adelaide, and Brisbane), and around 65c/W for Melbourne & Tasmania.

Components used

The table below contains the brands of inverters and solar modules used in installations as listed by installers. ‘Premium’ product offerings are not included.

City Panel brands used Inverter brands used
Adelaide, SA Jinko, Lightway, BenQ Solar, Trina Solar, Hanwha Q-Cells, Yingli, ReneSola, CSun, Sunrise Solartech, Simax Surpass, Zeversolar, SMA, SolarMax, Delta, Schneider, ABB/Power-One, Fronius, Growatt
Brisbane, QLD CSun, Jinko, Suntech, Australian Premium Solar, ReneSola, Luxen, LG, Canadian, Hanwha-Q-cells Delta, Zeversolar, Growatt, Schneider, ABB/Power-One, JFY, Fronius, SMA, Eltek, REA, Samil
Canberra, ACT Hanwha Q-Cells, Yingli, Jinko, Trina Solar ABB/Power-One, JFY, Delta, SMA
Melbourne, VIC LG, Winaico, Jinko, SolarWorld, Yingli, ReneSola, Canadian, Trina Solar, CSun Fronius, SMA, ABB/Power-One, Delta, Zeversolar
Tasmania Hanwha Q-Cells, Yingli, ReneSola Fronius, Samil, ABB/Power-One
Sydney, NSW LG, ReneSola, Jinko, CSun, Canadian, Yingli, Hanwha Q-Cells, Trina, TopSolar, Matrix Solar, Suntech SMA, ABB/Power-One, Zeversolar, Growatt, UNO, Fronius, Delta, Samil, Meikai
Perth, WA TN, ET GoodWe, ABB/Aurora Power-One, SMA, Delta, JFY

Historic solar PV system prices (since August 2012)

Solar Choice 1-5kW system prices June 2015 Solar Choice 2kW solar system prices June 2015 Solar Choice 3kW solar system prices June 2015 Solar Choice 4kW solar system prices June 2015 Solar Choice 5kW solar system prices June 2015 Solar Choice 10kW solar system prices June 2015

All $/W solar system prices (Historic)

The chart below provides an at-a-glance look at solar PV system pricing trends since September 2012. Data points are the average of average $/W for each system size (1.5kW-5kW until Nov 2013, then also including 10kW from Dec 2013). Solar Choice Solar PV system prices all June 2015

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. Prices do not ordinarily incorporate meter installation fees or additional costs for difficult installations. The discount available to Solar Choice customers is also excluded from calculations, as are prices for ‘premium’ installer offerings. Except in the final chart, average pricing figures for all of Australia are not weighted.

© 2015 Solar Choice Pty Ltd