Average solar system prices continued with little fluctuation between July and August. Although some regional variability was still observable, numbers held remarkably steady in all cities and across all system sizes.
August 2014 solar PV system prices
All prices in the table below are inclusive of the federal STC incentive which installers ordinarily include in final system prices. GST is also included.
Solar system prices for August: $/W averages, highs and lows
STCs accounted for a price reduction of approximately 69c/W for Zone 3 cities (Sydney, Canberra, Perth, Adelaide and Brisbane), and around 66c/W for Melbourne and Tasmania.
The table below contains the brands of inverters and solar modules used in installations as listed by installers. ‘Premium’ offerings are not included.
Panel brands used
Inverter brands used
SolarMax, JFY, Samil, Xantrex/Schneider, Fronius, SMA, Growatt, Power-one Aurora
ReneSola, Q-Cells, Jinko, Yingli, Trina
JFY, Growatt, Fronius, Power-One Aurora, Delta
Trina, ReneSola, SolarWorld, Yingli, Jinko, BenQ/AU Optronics
Power-One Aurora, Fronius, SMA, Samil, SolarMax
Jinko, ReneSola, Yingli
Fronius, Power-One Aurora, SolarMax
ReneSola, Trina, Munchen, Top Solar, Jinko, Hanwha, Phono Solar
Power-One Aurora, SolarMax, Fronius, Eversolar, Growatt, SMA, Samil
GY, Jinko, ReneSola, ET Solar
JFY, SMA, Power-One Aurora, Fronius, Solarmax, Delta
Historic solar PV system prices (since August 2012)
Indexed $/W solar system prices (historic)
The chart below provides an at-a-glance look at solar PV system pricing trends since August 2012. Data points are the average of average $/W for each system size (1.5kW-5kW until November 2013, then also including 10kW from December 2013).
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. Except in the final chart, 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.