Solar PV price check – March

Small solar panel systems continued to rise but prices for the increasingly popular larger systems were more stable.

Between February and March, average 1.5kW and 2kW solar photovoltaic system prices continued their steady rise in all cities included in the PV Price Index except for Adelaide, while pricing for 3kW, 4kW, 5kW and 10kW prices remained steady or fell across the board.

Average solar PV system prices for March

All prices in the table below are inclusive of the federal STC incentive which installers ordinarily bundle into final system prices.

Graph for Solar PV price check – March

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

Graph for Solar PV price check – March

About STCs

STCs accounted for a price reduction of approximately 71c/W for Zone 3 cities (Sydney, Canberra, Perth, Adelaide, and Brisbane), and around 65c/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’ options are not included.

CityPanel brands usedInverter brands used
Adelaide, SAReneSola, Hanover, Q-Cells, Munchen, BenQ/AU Optronics, Lightway, Sun Earth, TrinaSolarMax, SMA, Power-One Aurora, Fronius, Growatt, Sharp, Delta
Brisbane, QLDReneSola, Perlight, Canadian, Q-Cells, Yingli, Sun Earth, REC, LG, SeraphimSolarMax, JFY, Eltek, SMA, Samil, Power-One Aurora, Zever, Fronius
Canberra, ACTReneSola, Q-Cells, Phoenix, Sun EarthJFY, Growatt, Fronius, Power-One Aurora
Melbourne, VICTrina, ReneSola, Q-Cells, BenQ/AU Optronics, SolarWorld, Ulica, Jinko SolarSolarMax, Power-One Aurora, Latronics, Fronius, SMA
TasmaniaReneSola, Munchen, Q-Cells, Sun EarthSolarMax, Fronius, Delta, Power-One Aurora
Sydney, NSWReneSola, Trina, Munchen, Phono Solar, Yingli, Tianwei, Sun Earth, HanwhaSMA, Power-One Aurora, SolarMax,  Fronius, JFY, KStar, Sharp
Perth, WAGY, Hanover, Yingli, ReneSola, Sun EarthJFY, Growatt, SMA, Power-One Aurora, SolarMax, Good We, Fronius

Historic solar PV system prices (since August 2012)




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. 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.

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