Commercial Solar Prices: Current Averages by Capital City

Since May 2014, Solar Choice has been publishing commercial-scale solar PV system prices providing reliable ballpark figures on the going cost of solar in Adelaide, Brisbane, Canberra, Hobart, Melbourne, Perth and Sydney. The data we use comes from our installer network database, which consists of about 100 CEC-Accredited commercial solar installation companies around the country.

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.

Our Residential Solar PV Price Index has been in monthly publication since August 2012; it covers pricing for 1.5kW, 2kW, 3kW, 4kW, 5kW, 7kW and 10kW solar systems. 

Commercial solar power system prices – February 2024

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.

Average commercial system prices by city & size (February 2024)

10kW30kW50kW70kW100kW
Adelaide, SA$10,400$30,480$53,420$75,750$93,580
Brisbane, QLD$10,220$28,820$51,140$68,940$90,280
Canberra, ACT$10,030$32,630$52,430$71,180$97,390
Hobart, TAS$12,360$27,490$47,100$65,330$78,100
Melbourne, VIC$10,200$27,060$48,380$63,490$84,140
Sydney, NSW$10,730$26,330$48,660$63,820$83,060
Perth, WA$11,480$30,890$58,830$72,630$96,010
All$10,770$29,100$51,420$68,730$88,940

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Table 4: Average commercial solar system prices per watt (February 2024)

Average10kW30kW50kW70kW100kW
Adelaide, SA$1.01$0.97$1.01$1.07$1.08$0.93
Brisbane, QLD$0.97$0.97$0.93$1.03$0.98$0.90
Canberra, ACT$1.01$0.95$1.09$1.04$1.01$0.97
Hobart, TAS$0.96$1.14$0.92$0.94$0.93$0.78
Melbourne, VIC$0.94$1.01$0.90$0.97$0.91$0.84
Sydney, NSW$0.91$1.02$0.84$0.94$0.89$0.83
Perth, WA$1.01$1.03$0.97$1.09$1.01$0.94
Average$0.99$1.01$0.95$1.01$0.97$0.88

Historic average commercial system prices (August 2012 – February 2024)

Gallery: Historic commercial solar system prices by system size & city

Average commercial solar payback periods by state

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Since 2008 Solar Choice has consulted with over 3,000 businesses around Australia and helped develop over 800MW solar commercial and solar farm projects.

Jeff Sykes

Comments

  1. I’m looking to price for a three camp grounds to be completely self sustaining with the greatest window of power storage (Eg; for overcast or rainy weeks). As automated as possible. Minimal maintenance with maximum input (free quote?).

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