Average solar PV system prices edged down to $1.79 per watt this month, coming close to the all-time low of $1.76/W reached in March of this year.

Average solar PV system prices for October 2015

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

Average solar PV system prices Oct 2015

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

Average solar PV system prices per watt October 2015

About STCs

STCs accounted for a price reduction of approximately 78c/W for Zone 3 cities (Sydney, Canberra, Perth, Adelaide, and Brisbane), and around 60c/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 BenQ, Canadian, CSun, Daqo, Hanwha Q-Cells, JA Solar, Jinko, RenaSola, Simax, Sunrise SolarTech, Trina, Yingli Fronius, ABB/Power-One, Delta, ZeverSolar, Growatt, Schneider, SMA, Sungrow, Surpass
Brisbane, QLD Canadian, Australian Premium Solar, CSun, Jinko, LG, Luxen, Hanwha Q-Cells, ReneSola, Risen, Suntech SMA, Sungrow, ZeverSolar, Fronius, Growatt, JFY, ABB/Power-One, REA, Schneider
Canberra, ACT CSun, Daqo, Hanwha Q-Cells, JA Solar, Jinko, Opal Solar, Trina, Yingli ABB/Power-One, Delta, ZeverSolar, Fronius, JFY, SMA, Sungrow
Melbourne, VIC BLD, Canadian Solar, CSun, Daqo, Hanwha Q-Cells, JA Solar, Jinko, LG, ReneSola, SolarWorld, Topsola Fronius, ABB/Power-One, Delta, ZeverSolar, Growatt, JFY, SMA, Sungrow
Tasmania Canadian Solar, Daqo, Hanwha Q-Cells, JA Solar, ReneSola, Yingli Fronius, ABB/Power-One, Sungrow, ZeverSolar
Sydney, NSW Canadian Solar, CSun, Daqo, Hanwha Q-Cells, JA Solar, Jinko, Kyocera, LG, Opal, ReneSola, Suntech, Trina, Yingli Fronius, ABB/Power-One, Fronius, Growatt, Samil, SMA, Sungrow, UNO, ZeverSolar
Perth, WA Daqo, ET, TN, GY Sungrow, SMA, ABB/Power-One, GoodWe, Delta, JFY

Historic solar PV system prices (since October 2012)

1-5kW solar system prices Oct 2015 2kw solar system prices October 2015 3kW solar system prices October 2015 4kW solar system prices October 2015 5kW solar system prices October 2015 10kW solar system prices October 2015

All $/W solar system prices (Historic)

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

All solar system sizes per watt October 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

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