Solar PV price check – July

The trend for residential solar systems in most cities was solidly downwards or flat in June, while a new city emerged as the leader in PV affordability.

Although higher average system prices in Melbourne and Hobart between this and last month resulted in an apparent increase across all system sizes included in our calculations (except for 1.5kW), the trend in other cities (Adelaide, Canberra, Sydney, Perth and Brisbane) was solidly downwards or flat. Systems were dearest in Tasmania, while Sydney this month pulled ahead of Perth as the leader in affordability.

July 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.

Graph for Solar PV price check – July

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

Graph for Solar PV price check – July

About STCs

STCs accounted for a price reduction of approximately 69c/W for Zone 3 cities (Sydney, Canberra, Perth, Adelaide and Brisbane), and around 65c/W for Melbourne & 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.

CityPanel brands usedInverter brands used
Adelaide, SAReneSola, Hanover, Q-Cells, BenQ/AU Optronics, Lightway, Trina, Jinko, Yingli, Munchen, Solar Juice, YingliSolarMax, SMAFronius, Growatt, Afore, Samil, JFY, Schneider, Delta
Brisbane, QLDReneSola, Perlight, Canadian, Yingli, LG, Seraphim, Solar Juice, JinkoSolarMax, JFY, Eltek, Samil, Xantrex/Schneider, Zever, Fronius, SMA
Canberra, ACTReneSola, Q-Cells, Phoenix, Jinko, Yingli, TrinaJFY, Growatt, Fronius, Power-One Aurora, SMA
Melbourne, VICTrina, ReneSola, SolarWorld, Yingli, Lightway, Jinko, Solar Juice, BenQ/AU OptronicsPower-One Aurora, Fronius, SMA, Samil, SolarMax, Latronics
TasmaniaJinko, ReneSola, Yingli, Trina, Solar JuiceFronius, Power-One Aurora, SolarMax, SMA, Growatt, Samil
Sydney, NSWReneSola, Trina, Munchen, Top Solar, Jinko, Q-Cells, Canadian Solar, Yingli, Solar JuicePower-One Aurora, SolarMax, Fronius, JFY, Eversolar, SMA, Samil
Perth, WAGY, Jinko, ReneSola, Opal, Trina, Solar JuiceJFY, Growatt, SMA, Power-One Aurora, Fronius, Samil, Delta

Historic solar PV system prices (since August 2012)

Indexed $/W solar system prices (historic)

Graph for Solar PV price check – July

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 Nov 2013, then also including 10kW from Dec 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.