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 – April 2017

Prices in the table below include both the up-front incentive available for small-scale systems through the Renewable Energy Target and GST – they represent the total retail cost 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 system prices by city & size

Average residential solar PV system prices

April 2017

  1.5kW 2kW 3kW 4kW 5kW 10kW
Adelaide $3,276 $3,618 $4,806 $5,861 $6,870 $13,705
Brisbane $2,987 $3,365 $3,818 $4,684 $5,129 $13,490
Canberra $4,382 $4,485 $5,565 $6,664 $7,805 $13,868
Darwin $6,527 $7,293 $8,670 $10,518 $9,250 $21,743
Hobart $3,732 $4,323 $5,549 $6,842 $7,687 $15,210
Melbourne $3,429 $3,993 $4,737 $5,506 $6,435 $13,720
Sydney $3,157 $3,633 $4,470 $5,371 $6,203 $13,172
Perth $2,421 $2,822 $3,597 $4,327 $4,932 $12,490
All $3,739 $4,191 $5,152 $6,222 $6,789 $14,675

Table 2: Average, high & low prices per watt

Residential solar system price, $/Watt

April 2017

    1.5kW 2kW 3kW 4kW 5kW 10kW
Adelaide
Median $2.14 $1.77 $1.57 $1.43 $1.35 $1.36
High $2.80 $2.30 $1.96 $1.71 $1.57 $1.88
Low $1.51 $1.25 $1.15 $1.16 $1.15 $1.20
Brisbane
Median $1.88 $1.61 $1.24 $1.14 $1.00 $1.33
High $2.24 $2.05 $1.46 $1.25 $1.10 $1.88
Low $1.47 $1.25 $1.07 $0.97 $0.80 $0.91
Canberra
Median $2.84 $2.15 $1.78 $1.60 $1.50 $1.37
High $3.58 $2.88 $2.28 $2.03 $1.86 $1.67
Low $2.10 $1.77 $1.46 $1.33 $1.31 $1.47
Darwin
Median $4.35 $3.65 $2.87 $2.63 $2.46 $2.23
High
Low
Hobart
Median $2.40 $2.07 $1.81 $1.70 $1.52 $1.50
High $3.32 $2.84 $2.45 $2.32 $2.08 $2.03
Low $1.97 $1.63 $1.42 $1.38 $1.25 $1.20
Melbourne
Median $2.18 $1.95 $1.54 $1.33 $1.25 $1.36
High $3.14 $2.56 $2.14 $1.76 $1.59 $1.88
Low $1.60 $1.39 $1.11 $1.02 $0.93 $1.00
Sydney
Median $2.02 $1.74 $1.44 $1.31 $1.22 $1.30
High $2.97 $2.40 $1.86 $1.78 $1.63 $1.57
Low $1.51 $1.25 $1.15 $1.08 $0.96 $0.91
Perth
Median $1.59 $1.37 $1.18 $1.07 $0.98 $1.24
High $1.82 $1.57 $1.38 $1.40 $1.28 $1.57
Low $1.13 $1.00 $0.87 $0.80 $0.70 $0.83
All
Median $2.15 $1.81 $1.51 $1.37 $1.26 $1.35
High $3.58 $2.88 $2.45 $2.32 $2.08 $2.03
Low $1.13 $1.00 $0.87 $0.80 $0.70 $0.83

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

Residential solar system prices all sizes April 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 – April 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 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

Average commercial solar system prices

April 2017

  10kW 30kW 50kW 100kW
Adelaide, SA $13,874 $35,791 $60,825 $112,032
Brisbane, QLD $13,490 $38,349 $62,865 $115,418
Canberra, ACT $13,868 $35,919 $57,976 $106,512
Melbourne, VIC $13,720 $38,407 $64,341 $121,323
Hobart, TAS $15,210 $38,807 $60,206 $109,815
Sydney, NSW $13,172 $36,032 $57,595 $112,737
Perth, WA $12,490 $33,907 $63,866 $117,777
All $13,689 $36,745 $61,096 $113,659

Table 4: Average commercial solar system prices per watt

Commercial solar PV system prices, $/Watt

April 2017

  10kW 30kW 50kW 100kW
Adelaide, SA $1.38 $1.20 $1.21 $1.12
Brisbane, QLD $1.33 $1.27 $1.25 $1.16
Canberra, ACT $1.37 $1.21 $1.15 $1.07
Hobart, TAS $1.50 $1.28 $1.19 $1.10
Melbourne, VIC $1.36 $1.27 $1.28 $1.21
Sydney, NSW $1.30 $1.20 $1.14 $1.13
Perth, WA $1.24 $1.13 $1.28 $1.18
Average $1.33 $1.22 $1.23 $1.15

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

All system sizes commercial solar system prices April 2017

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

See all previous Commercial Solar PV Price Index articles

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