Solar PV Price Index – August 2014

Average solar system prices continued with little fluctuation between July and August. Although some regional variability was still observable, numbers held remarkably steady in all cities and across all system sizes.

August 2014 solar PV system prices

All prices in the table below are inclusive of the federal STC incentive which installers ordinarily include in final system prices. GST is also included.

Solar Choice August 2014 average solar PV system prices

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

Solar Choice Solar PV system prices high low average August 2014

About STCs

STCs accounted for a price reduction of approximately 69c/W for Zone 3 cities (Sydney, Canberra, Perth, Adelaide, and Brisbane), and around 66c/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’ offerings are not included.

City Panel brands used Inverter brands used
Adelaide, SA ReneSola, Q-Cells, Lightway, Trina, Jinko, BenQ/AU Optronics
SolarMax, SMAFronius, Growatt, Afore, Samil, JFY, Schneider, Delta
Brisbane, QLD ReneSola, Perlight, Canadian, Yingli, LG, Seraphim, Jinko, Suntech SolarMax, JFY, Samil, Xantrex/Schneider, Fronius, SMA, Growatt, Power-one Aurora
Canberra, ACT ReneSola, Q-Cells, Jinko, Yingli, Trina JFY, Growatt, Fronius, Power-One Aurora, Delta
Melbourne, VIC Trina, ReneSola, SolarWorld, Yingli, Jinko, BenQ/AU Optronics Power-One Aurora, Fronius, SMA, Samil, SolarMax
Tasmania Jinko, ReneSola, Yingli Fronius, Power-One Aurora, SolarMax
Sydney, NSW ReneSola, Trina, Munchen, Top Solar, Jinko, Hanwha, Phono Solar Power-One Aurora, SolarMax, Fronius, Eversolar, Growatt, SMA, Samil
Perth, WA GY, Jinko, ReneSola, ET Solar JFY, SMA, Power-One Aurora, Fronius, Solarmax, Delta

Historic solar PV system prices (since August 2012)

Solar Choice 1.5kW solar pv system prices historic August 2014Solar Choice 2kW solar pv system prices historic August 2014Solar Choice 3kW solar pv system prices historic August 2014Solar Choice 4kW solar pv system prices historic August 2014Solar Choice 5kW solar pv system prices historic August 2014Solar Choice 10kW solar pv system prices historic August 2014

Indexed $/W solar system prices (Historic)

The chart below provides an at-a-glance look at solar PV system pricing trends since August 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 historic solar pv system prices index August 2014

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 125 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.

About Solar Choice

Solar Choice is a solar PV installation and advice service based in Sydney, NSW, providing free Solar Quote Comparisons for residential solar customers Australia-wide. Solar Choice’s commercial wing, Solar Choice Commercial, manages tenders for medium- to large-scale solar projects for a wide range of clients. Solar Choice also develops large-scale and utility-scale solar projects of its own.

© 2014 Solar Choice Pty Ltd