Solar PV price check – January

Solar PV prices have started the year steady in most places, with Melbourne home to the highest averages.

At the start of 2014, solar PV system prices are up in Canberra and steady in other capital cities, except among 1.5kW solar systems. Although included for all other cities as per usual, pricing data for Tasmania is under review for the new year, and consequently has been left out of this month’s graphs and charts.

Average prices by solar system size and location

All prices in the table below are inclusive of the federal STC discount.

Graph for Solar PV price check – January

Solar system prices for January 2014: $/W averages, highs & lows

With Tasmania left out of the calculations, Melbourne is now home to the highest average system prices in the country. Sydney and Perth are as usual home to the lowest averages, while Perth has the the lowest prices (in absolute terms) of any of the cities included.

Graph for Solar PV price check – January

About STCs

STCs accounted for a discount of approximately 72c per watt (W) for Zone 3 cities (Sydney, Canberra, Perth, Adelaide, and Brisbane), whilst this discount was around 58c/W for Melbourne.

Solar system components

The table below contains the brands of components used in each of the cities included in installer pricing details.

Graph for Solar PV price check – January

Average monthly solar PV system prices to date

Graph for Solar PV price check – January
Graph for Solar PV price check – January

Graph for Solar PV price check – January

Graph for Solar PV price check – January

Graph for Solar PV price check – January

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.

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