Solar PV price check - August

There was little fluctuation in average solar system prices throughout the month, with numbers largely steady across the capital cities.

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 Choice August 2014 average solar PV system prices

Solar system prices for August: $/W averages, highs and lows

Solar Choice Solar PV system prices high low average August 2014

About STCs

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.

Components used

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

Adelaide, SA

ReneSolaQ-Cells, Lightway, Trina, Jinko, BenQ/AU Optronics

SolarMax, SMAFronius, Growatt, Afore, Samil, JFY, Schneider, Delta

Brisbane, QLD

ReneSola, Perlight, Canadian, Yingli, LG, Seraphim, Jinko, Suntech

SolarMax, JFY, Samil, Xantrex/Schneider, Fronius, SMA, Growatt, Power-one Aurora

Canberra, ACT

ReneSola, Q-Cells, Jinko, Yingli, Trina

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

Melbourne, VIC

Trina, ReneSola, SolarWorld, Yingli, Jinko, BenQ/AU Optronics

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


Jinko, ReneSola, Yingli

Fronius, Power-One Aurora, SolarMax

Sydney, NSW

ReneSola, Trina, Munchen, Top Solar, Jinko, Hanwha, Phono Solar

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

Perth, WA

GY, Jinko, ReneSola, ET Solar

JFY, SMA, Power-One Aurora, Fronius, Solarmax, Delta

Historic solar PV system prices (since August 2012)

Solar Choice 1.5kW solar pv system prices historic August 2014

Solar Choice 2kW solar pv system prices historic August 2014

Solar Choice 3kW solar pv system prices historic August 2014

Solar Choice 4kW solar pv system prices historic August 2014

Solar Choice 5kW solar pv system prices historic August 2014

Solar Choice 10kW solar pv system prices historic August 2014

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).

Solar Choice historic solar pv system prices index August 2014

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.

InvestSMART FORUM: Come and meet the team

We're loading up the van and going on tour from April to June, with events on the NSW central & north coast, the QLD mid-north coast and in Perth, Adelaide, Melbourne, Sydney and Canberra. Come and meet the team and take home simple strategies that you can use to build an investment portfolio to weather any storm. Book your spot here.

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Related Articles