Solar PV price check - November

Downward momentum caused by the uncertainty around the Renewable Energy Target halted in the month.

Average residential solar system prices changed little between October and November according data from Solar Choice. This comes after about four months of consistent downward momentum amid doubts about the fate of the Renewable Energy Target.

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

About STCs

STCs accounted for a price reduction of approximately 70c/W for Zone 3 cities (Sydney, Canberra, Perth, Adelaide, and Brisbane), and around 66c/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’ product offerings are not included.

City

Panel brands used

Inverter brands used

Adelaide, SA

BenQ, Jinko, Lightway, Q.CELLS, RenaSola, Solar Juice, Trina, Yingli

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

Brisbane, QLD

Canadian Solar, CSUN, Jinko, LG, Luxen, RenaSola, Suntech, Yingli

Power-One Aurora, Eltek, Fronius, Growatt, JFY, Samil, Schneider, SMA, Sungrow, Zever

Canberra, ACT

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

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

Melbourne, VIC

Jinko, RenaSola, Solar Juice, Solarworld, Trina, Yingli

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

Tasmania

ReneSola, Jinko, Solar Juice, Yingli

Power-One Aurora, Fronius, Samil, SolarMax

Sydney, NSW

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

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

Perth, WA

Jinko, Solar Juice, Trina

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

Historic solar PV system prices (since August 2012)

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 November 2013, then also including 10kW from December 2013).

Commercial solar prices

Solar Choice also publishes commercial solar system prices on a monthly basis. November prices can be viewed here.

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 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 80,000 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.