Solar panel costs based on live database | Dec 2019

Solar Choice has been publishing its Solar PV Price Indexes for residential solar & commercial-scale solar since 2012 and 2014, respectively. We regularly compile pricing & product and warranty information from our pre-vetted installer network to produce the Residential Solar PV Price Index and Commercial Solar Price Index. Our price index is used frequently as a benchmark to residential customers and businesses as Australia’s best guide on how much solar panels cost and is included in reports derived by industry experts such as SunWiz and Bloomberg NEF.

The prices 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.

How much do Solar Panels cost? (December 2019)

The below table shows average solar panel costs by city & system size:

 1.5kW3kW4kW5kW6kW7kW10kW
All$3,380$4,170$4,850$5,340$5,920$7,350$9,990
Adelaide, SA$3,250$4,200$4,530$5,070$5,630$6,520$9,620
Brisbane, QLD$3,130$3,810$4,500$5,000$5,490$6,850$9,920
Canberra, ACT$3,040$4,010$5,020$4,780$5,220$6,700$8,650
Darwin, NT$5,890$7,360$8,140$9,610$9,990$11,240$12,050
Hobart, TAS$3,170$4,040$5,050$5,660$7,030$8,010$11,320
Melbourne, VIC$3,160$3,830$4,420$4,970$5,540$7,610$10,670
Sydney, NSW$2,980$3,440$3,920$4,290$4,710$6,440$8,550
Perth, WA$2,420$2,630$3,210$3,320$3,770$5,420$9,100

 

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Historic average residential system prices (Aug 2012 – Dec 2019)

See individual graphs by city and system size in our Residential Solar PV Price Index blog articles

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COMMERCIAL SOLAR PANEL COSTS

Nat Golf Club 100kW solar array aerial viewSince May 2014, Solar Choice has been publishing commercial-scale 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 150 reputable solar installation companies around the country. Companies in our network upload their pricing & product information for us to present to our commercial clients in our free & impartial quote comparisons, so that the client can make an informed decision about who to pursue further discussion with.

Our Commercial Solar PV Price Index is published monthly, providing reliable ballpark figures on the going cost of solar  panels in Adelaide, Brisbane, Canberra, Hobart, Melbourne, Perth and Sydney.

Solar Choice 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 which specialise solely in commercial-scale solar 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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Average commercial solar panel costs by city & size (November 2019)

 10kW30kW50kW70kW100kW
All$12,620$34,260$58,800$79,820$103,430
Adelaide, SA$12,360$34,880$56,910$79,110$103,620
Brisbane, QLD$11,940$33,200$58,290$79,670$101,340
Canberra, ACT$10,450$28,950$51,160$71,200$98,410
Hobart, TAS$14,660$38,870$63,160$87,240$108,120
Melbourne, VIC$12,240$33,020$58,240$77,500$102,910
Sydney, NSW$12,070$34,190$59,280$80,140$105,030
Perth, WA$14,620$36,720$64,590$83,850$104,560

Average commercial solar panel costs per watt (November 2019)

 Average10kW30kW50kW70kW100kW
Average$1.14$1.24$1.13$1.17$1.13$1.04
Adelaide, SA$1.13$1.22$1.15$1.13$1.11$1.04
Brisbane, QLD$1.11$1.16$1.08$1.16$1.13$1.02
Canberra, ACT$1.00$1.01$0.96$1.02$1.02$0.99
Hobart, TAS$1.26$1.45$1.28$1.26$1.22$1.08
Melbourne, VIC$1.12$1.21$1.09$1.16$1.10$1.03
Sydney, NSW$1.13$1.19$1.12$1.18$1.13$1.05
Perth, WA$1.23$1.44$1.20$1.28$1.19$1.05

Historic average commercial solar panel costs (August 2012 – November 2019)

See individual graphs for each city and system size in our Commercial Solar PV Price Index blog articles

Average commercial solar payback periods by state

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