Residential Solar PV Price Index: August 2015

Average solar system prices rose for most system sizes in Sydney and Tasmania between July and August, while dropping or staying flat for all other cities and system sizes. The overall effect is a slight increase in overall prices nationally. Prices are highest in Tasmania; Perth is homes to the lowest prices on average.

Average solar PV system prices for August 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 system prices Aug 2015

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

Solar Choice high low avg system prices Aug 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 BenQ, CSun, Jinko, Lightway, Hanwha Q-Cells, ReneSola, Simax, Sunrise Solartech, Trina, Yingli Fronius, Growatt, SMA, ABB/Power-One, Delta, Schneider, Surpass, Zeversolar, SolarMax
Brisbane, QLD Australian Premium Solar, Canadian Solar, CSun, Jinko, LG, Luxen, Hanwha Q-Cells, ReneSola, Risen, Suntech Fronius, Eltek, Growatt, JFY, REA Powered Micro, Samil, Schneider, SMA, Sungrow, Zeversolar
Canberra, ACT CSun, Jinko, Hanwha Q-Cells, Trina, Yingli Fronius, ABB/Power-One, Delta, JFY, SMA, Zeversolar
Melbourne, VIC BLD, Canadian Solar, CSun, Jinko, LG, Hanwha Q-Cells, ReneSola, SolarWorld, WINAICO Fronius, ABB/Power-One, Delta, JFY, SMA, Sungrow, Zeversolar
Tasmania Hanwha Q-Cells, Yingli ABB/Power-One
Sydney, NSW Canadian Solar, CSun, Hanwha Q-Cells, Jinko, LG, ReneSola, Solar Juice, TopSola, Trina, Yingli Fronius, ABB/Power-One, Zeversolar, Growatt, Samil, SMA, Sungrow, UNO
Perth, WA ET, Daqo, TN ABB/Power-One, Delta, GoodWe, JFY, SMA, SunGrow

Historic solar PV system prices (since August 2012)

1-5kW solar system prices historic Aug 2015 2kW solar system prices historic Aug 2015 3kW solar system prices historic Aug 2015 4kW solar system prices historic Aug 2015 5kW solar system prices historic Aug 2015 10kW solar system prices historic Aug 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).

All system prices historic Aug 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