Solar PV price check – April

Solar system prices generally plateaued between March and April, although 2kW installations rose in most cities while 10kW prices fell slightly.

Average 1.5kW solar system prices appear to have plateaued between March and April after steadily rising over the course of the last eight months or so, while prices for 2kW solar systems continued to increase in almost all cities. Meanwhile, 3kW, 4kW and 5kW system prices remained steady and 10kW system prices fell slightly.

Average solar system prices for April

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

Graph for Solar PV price check – April

Average, high and low $/W solar system prices for April

Sydney and Perth are still home to the lowest solar system prices among installers included in the price index. This month, highs are split between Adelaide, Canberra and Hobart. Interestingly, Melbourne, seeing a dip in prices across all system sizes, no longer contends with Tasmania on high prices.

Graph for Solar PV price check – April

About STCs

STCs accounted for a price reduction of approximately 71c/W for Zone 3 cities (Sydney, Canberra, Perth, Adelaide, and Brisbane), and around 61c/W for Melbourne & Tasmania (a slight dip from last month‘s 65c/kW).

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.

City

Panel brands used

Inverter brands used

Adelaide, SA

ReneSola, Hanover, Q-Cells, BenQ/AU Optronics, Lightway, Sun Earth, Canadian Solar

SolarMax, SMA, Power-One Aurora, Fronius, Growatt

Brisbane, QLD

ReneSola, Perlight, Canadian, Yingli, Sun Earth, REC, LG, Seraphim

SolarMax, JFY, Eltek, SMA, Samil, Zever, Fronius

Canberra, ACT

ReneSola, Q-Cells, Phoenix, Sun Earth

JFY, Growatt, Fronius, SMA, Power-One Aurora

Melbourne, VIC

Trina, ReneSola, Q-Cells, BenQ/AU Optronics, SolarWorld, yingli, Jinko Solar, Canadian Solar, Sun Earth

SolarMax, Power-One Aurora, Latronics, Fronius, SMA, Samil

Tasmania

ReneSola, Canadian Solar, Q-Cells, Sun Earth

SolarMax, Fronius, Power-One Aurora

Sydney, NSW

ReneSola, Trina, Munchen, Phono Solar, Yingli, Tianwei, Sun Earth, Hanwha, Canadian Solar

SMA, Power-One Aurora, SolarMax,  Fronius, JFY, KStar, Sharp, Delta

Perth, WA

GY, Hanover, Canadian Solar, ReneSola, Sun Earth

JFY, Growatt, SMA, Power-One Aurora, SolarMax, Fronius

Historic solar PV system prices (August 2012 – April 2014)

Graph for Solar PV price check – April

Graph for Solar PV price check – April

Graph for Solar PV price check – April

Graph for Solar PV price check – April

Graph for Solar PV price check – April

Graph for Solar PV price check – April

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.

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