Current solar power system prices: Residential and Commercial

solar_choice_logo_finalSince 2012, Solar Choice has been publishing solar PV system prices for each of Australia’s capital cities across a range of popular system sizes. The data we use comes from our installer network database, which consists of about 100 prominent solar installation companies around the country. Installers in our network pre-fill pricing & product data for the free & impartial quote comparisons which we provide to our customers.

Over the years, our Solar PV Price index has become a industry reference point and overall bellwether for pricing trends, filling the gap in the absence of official government reporting on the topic. While it is not definitive, the PV Price Index is based on a robust sample of installers (usually 3-15, depending on the city), and provides reliable ballpark figures on the going cost of solar in Adelaide, Brisbane, Canberra, Darwin, Hobart, Melbourne, Perth and Sydney.

The tables below contain the most current residential and commercial solar system prices from around Australia. The system sizes included are 1.5kW, 2kW, 3kW, 4kW, 5kW, 10kW, 30kW, 50kW and 100kW.

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Residential solar power system prices – October 2017

Prices in the table below include both the up-front incentive available for small-scale systems through the Renewable Energy Target (i.e. ‘STC discount’) and GST – they represent the total retail price of the system to the customer. We’ve left fields blank where there were only a small number of price points available in our database (usually less than 3).

Table 1: Average out-of-pocket costs by city & system size (October 2017)

 1.5kW2kW3kW4kW5kW10kW
All$3,405$3,922$4,836$5,697$5,946$13,666
Adelaide, SA$2,790$3,246$4,055$4,811$5,618$12,912
Brisbane, QLD$3,022$3,501$4,222$5,134$6,204$13,437
Canberra, ACT$2,920*$3,499*$4,480*$5,245*$6,230*$13,578
Darwin, NT$5,848$6,648$8,098$9,553-$15,700
Hobart, TAS$3,299$3,812$4,994$5,959$6,977$14,496
Melbourne, VIC$3,844$4,303$5,143$5,976$6,897$14,449
Sydney, NSW$2,724$3,324$4,058$4,651$5,391$12,514
Perth, WA$2,310$2,622$3,278$3,798$4,588$12,242

Table 2: Average, high & low prices per watt (October 2017)

  1.5kW2kW3kW4kW5kW10kW
Adelaide, SAMedian$1.88$1.61$1.30$1.16$1.08$1.28
High$2.01$1.72$1.42$1.38$1.25$1.88
Low$1.67$1.50$1.08$0.93$0.93$1.00
Brisbane, QLDMedian$1.93$1.70$1.36$1.25$1.20$1.33
High$2.33$2.35$1.77$1.50$1.98$1.88
Low$1.47$1.25$1.17$1.12$1.00$0.88
Canberra, ACTMedian$2.01*$1.72*$1.40*$1.29*$1.19*$1.35
High-----$1.57
Low-----$1.35
Darwin, NTMedian$3.90$3.32$2.57$2.30-$1.72
High------
Low------
Hobart, TASMedian$2.10$1.89$1.59$1.47$1.35$1.44
High$2.31$2.31$1.96$1.76$1.62$1.88
Low$1.97$1.63$1.40$1.29$1.19$1.20
Melbourne, VICMedian$2.39$2.05$1.61$1.43$1.32$1.44
High$3.61$3.05$2.28$2.00$1.86$1.88
Low$1.73$1.53$1.23$1.04$0.94$1.20
Sydney, NSWMedian$1.79$1.60$1.29$1.13$1.04$1.24
High$2.15$1.99$1.56$1.36$1.21$1.57
Low$1.52$1.27$1.04$0.88$0.76$0.72
Perth, WAMedian$1.46$1.23$1.03$0.90$0.87$1.21
High$1.72$1.41$1.30$1.08$1.04$1.57
Low$1.23$1.06$0.77$0.81$0.74$0.83
AllMedian$1.93$1.68$1.36$1.22$1.14$1.32
High$3.61$3.05$2.28$2.00$1.98$1.88
Low$1.23$1.06$0.77$0.81$0.74$0.72

*Prices from September 2017.

Historic average residential system prices (August 2012 – October 2017)

Gallery: Historic residential solar system prices by system size & city

See all previous Residential Solar PV Price Index articles

Commercial solar power system prices – October 2017

Solar Choice Commercial manages tenders for a wide range of commercial solar projects around Australia. The figures in the tables below are based on data from our extensive network of solar installers, many of whom specialise solely in commercial-scale projects.

All prices in the tables below include incentives available through the federal Renewable Energy Target (i.e. STCs) as well as GST, but do not incorporate meter installation fees or additional costs such as ground-mounting, grid protection or grid connection studies.

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Table 3: Average commercial system prices by city & size (October 2017)

 10kW30kW50kW100kW
All$13,492$36,356$59,832$111,097
Adelaide, SA$13,451$36,591$59,496$112,248
Brisbane, QLD$13,437$37,489$61,942$115,041
Canberra, ACT$13,578$35,842$54,676$98,663
Melbourne, VIC$14,449$39,016$62,459$116,749
Hobart, TAS$14,496$37,686$60,695$112,401
Sydney, NSW$12,514$35,537$57,197$108,883
Perth, WA$12,519$32,336$62,357$113,694

Table 4: Average commercial solar system prices per watt (October 2017)

 Average10kW30kW50kW100kW
Average$1.22$1.34$1.21$1.19$1.12
Adelaide, SA$1.22$1.34$1.22$1.18$1.13
Brisbane, QLD$1.24$1.33$1.23$1.23$1.16
Canberra, ACT$1.16$1.35$1.22$1.08$0.99
Hobart, TAS$1.25$1.44$1.25$1.20$1.12
Melbourne, VIC$1.28$1.44$1.28$1.25$1.17
Sydney, NSW$1.16$1.24$1.18$1.13$1.09
Perth, WA$1.17$1.24$1.07$1.25$1.14

Historic average commercial system prices (August 2012 – October 2017)

 

Gallery: Historic commercial solar system prices by system size & city

See all previous Commercial Solar PV Price Index articles

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