Solar Choice Solar PV Price Check - February

The cost of solar PV continues to decline, possibly as a result of the increased value of STCs, rather than a decrease in the cost of components – and Sydney is leading the way.

Prior to the early closure of the Solar Credit Scheme on January 1, installers on the Solar Choice network began updating their prices to reflect the new cost of solar PV in Australia. In the past month, our solar brokers have worked with the installers on our network to ensure that our prices reflect the current market offering and, to identify whether there has been a uniform increase in the value of STCs.

Following on from the January PV Price Index, prices remain higher than previous months as a result in the fall in available Federal Solar Rebates, but despite this, the cost of solar PV continues to decrease.

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