Solar PV Price Index–March 2014

Between February and March, average 1.5kW and 2kW solar PV system prices continued their steady rise in all cities included in the PV Price Index except for Adelaide, while pricing for 3kW, 4kW, 5kW and 10kW prices remained steady or fell across the board.

Average solar PV system prices for March

All prices in the table below are inclusive of the federal STC incentive which installers ordinarily bundle into final system prices.

Average solar pv system prices march 2014

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

Solar pv system prices average high low march 2014

About STCs

STCs accounted for a price reduction of approximately 71c/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’ options are not included.

CityPanel brands usedInverter brands used
Adelaide, SAReneSola, Hanover, Q-Cells, Munchen, BenQ/AU Optronics, Lightway, Sun Earth, Trina
SolarMax, SMA, Power-One Aurora, Fronius, Growatt, Sharp, Delta
Brisbane, QLDReneSola, Perlight, Canadian, Q-Cells, Yingli, Sun Earth, REC, LG, SeraphimSolarMax, JFY, Eltek, SMA, Samil, Power-One Aurora, Zever, Fronius
Canberra, ACTReneSola, Q-Cells, Phoenix, Sun EarthJFY, Growatt, Fronius, Power-One Aurora
Melbourne, VICTrina, ReneSola, Q-Cells, BenQ/AU Optronics, SolarWorld, Ulica, Jinko SolarSolarMax, Power-One Aurora, Latronics, Fronius, SMA
TasmaniaReneSola, Munchen, Q-Cells, Sun EarthSolarMax, Fronius, Delta, Power-One Aurora
Sydney, NSWReneSola, Trina, Munchen, Phono Solar, Yingli, Tianwei, Sun Earth, HanwhaSMA, Power-One Aurora, SolarMax,  Fronius, JFY, KStar, Sharp
Perth, WAGY, Hanover, Yingli, ReneSola, Sun EarthJFY, Growatt, SMA, Power-One Aurora, SolarMax, Good We, Fronius

Historic solar PV system prices (since August 2012)

1-5kW solar pv system prices March 2014

2kW solar pv system prices March 2014

3kW solar pv system prices March 2014

4kW solar pv system prices March 2014

5kW solar pv system prices March 2014

10kW solar pv system prices March 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. 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

James Martin II

Contributor at Solar Choice
James was Solar Choice's primary writer & researcher between 2010 and 2018.

He is now the communications manager for energy technology startup SwitchDin, but remains an occasional contributor to the Solar Choice blog.

James lives in Newcastle in a house with a weird solar system.
James Martin II