Solar PV price check - January

Solar system prices have remained steady over summer after stabilising in November following a period of downward pressure driven by uncertainty around the Renewable Energy Target.

Average residential solar system prices have held steady into the new year since November of last year. Canberra is home to the highest-priced systems, while Perth is home to the least expensive.

January 2014 average solar PV system prices

All prices in the table below include the federal STC incentive which installers ordinarily include in final system prices. GST is also included.

Solar Choice total system prices Jan 2015

Solar system prices for January: Dollar-per-watt averages, highs and lows

Solar Choice solar system prices cost per watt Jan 2015

About STCs

STCs accounted for a price reduction of approximately 69c/W for Zone 3 cities (Sydney, Canberra, Perth, Adelaide and Brisbane), and around 63c/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’ product offerings are not included.

City

Panel brands used

Inverter brands used

Adelaide, SA

ReneSola, Simax, Lightway, Jinko, Q.CELLS, Trina, BenQ, Yingli

SolarMax, Growatt, Fronius, Aurora Power-One, Zever, Samil, SMA, Delta

Brisbane, QLD

ReneSola, LG, Jinko, Luxen, Canadian Solar, Suntech

SolarMax, Samil, JFY, SMA, Growatt, Eltek, Fronius, Zever, Xantrex-Schneider

Canberra, ACT

Jinko, Q.CELLS, ReneSola, Solar Juice, Trina, Yingli

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

Melbourne, VIC

ReneSola, Solarworld, Jinko, Yingli, Solar Juice, Canadian Solar

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

Tasmania

ReneSola, Jinko, Yingli

SolarMax, Fronius, Aurora Power-One

Sydney, NSW

ReneSola, Jinko, Top Solar, Hanwha, Trina, Solar Juice, Yingli, Hanwha

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

Perth, WA

Jinko, Solar Juice, ET Solar

Fronius, JFY, Aurora Power-One, Samil, Delta, GoodWe, SMA

Historic solar PV system prices (since August 2012)

1.5kw solar system prices Jan 20152kW solar system prices Jan 20153kW solar system prices Jan 20154kW solar system prices Jan 20155kW solar system prices Jan 201510kW solar system prices Jan 2015

Indexed $/W solar system prices (historic)

The chart below provides an at-a-glance look at solar PV system pricing trends since September 2012. Data points are the average of average $/W for each system size (1.5kW-5kW until Nov 2013, then also including 10kW from Dec 2013).

Historic solar sytem prices overall Jan 2015

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.

Solar Choice also publishes indicative commercial solar system prices on a monthly basis: See commercial solar system prices for January 2015.

About Solar Choice

Solar Choice provides an impartial solar energy Quote Comparison service for Australian consumers by delivering market transparency from a network of over 100 leading installers nation-wide. Since 2008, we’ve delivered our free Solar Quote Comparisons to over 85,000 Australian households. Solar Choice’s commercial wing, Solar Choice Commercial, compares the market for systems from 30kW to 100kW, and manages tenders for projects up to 2MW. Solar Choice also develops its own very large-scale solar farm projects.