Residential Solar PV Price Index: July 2015

The average solar PV system price nationally continues to sit at about $1.85 per watt for the third month in a row, with prices for specific system sizes also remaining largely unchanged between the months of May, June and July.

Average solar PV system prices for July 2015

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

Solar Choice residential system prices average July 2015

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

Solar Choice residential solar system prices high low average July 2015


About STCs

STCs accounted for a price reduction of approximately 79c/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’ product offerings are not included.

City Panel brands used Inverter brands used
Adelaide, SA CSun, Sunrise Solartech, Jinko, ReneSola, BenQ, Simax, Hanwha Q-Cells, Yingli, Lightway, Trina Zeversolar, Growatt, Fronius, SMA, SolarMax, Surpass, Delta, Schneider
Brisbane, QLD CSun, Jinko, Suntech, Australian Premium Solar, Risen Solar, ReneSola, Luxen, LG, Canadian Solar, Hanwha Q-Cells Zeversolar, Growatt, Schneider, JFY, Sungrow, Fronius, SMA, Eltek, Samil
Canberra, ACT Jinko, Hanwha Q-Cells, Yingli, Trina JFY, ABB/Power-One, Delta, SMA
Melbourne, VIC ReneSola, Jinko, LG, CSun, Winaico, Hanwha Q-Cells, SolarWorld, Canadian Solar Fronius, Delta, Zeversolar, ABB/Power-One, SMA
Tasmania ReneSola, Hanwha Q-Cells, Yingli Fronius, Samil, ABB/Power-One
Sydney, NSW LG, ReneSola, Canadian Solar, Hanwha Q-Cells, Yingli, TopSolar, Suntech, Trina, CSun, Jinko, Solar Juice SMA, ABB/Power-One, Growatt, Zeversolar, Sungrow, UNO, Samil, Fronius
Perth, WA TN, ET GoodWe, ABB/Power-One, SMA, JFY, Delta

Historic solar PV system prices (since August 2012)

1.5kW solar system prices July 2015 2kW solar system prices July 2015 3kW solar system prices July 2015 4kW solar system prices July 2015 5kW solar system prices July 2015 10kW solar system prices July 2015

All $/W solar system prices (Historic)

The chart below provides an at-a-glance look at solar PV system pricing trends since September 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).

Average historic solar PV system prices July 2015

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 100 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.

© 2015 Solar Choice Pty Ltd