Solar Power Systems Prices In Australia

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Solar Power Systems Prices In Australia

Solar Power Systems Prices In Australia: Best Solar Power Systems Prices In Australia

Australia’s sunny climate and increasing awareness of environmental issues have made solar power systems an attractive option for homeowners and businesses alike. With the rising demand for renewable energy sources, understanding the pricing dynamics of solar power systems in Australia becomes crucial. A commonly sized 6kW Solar PV System would cost between $4,000 and $6,000 in most states in Australia and a 10kW system would cost between $7,500 and $10,500. If you want to use top-of-the-line products – see the premium solar system price table further down this page. We examine the variables affecting solar power system costs in Australia in this post and offer advice to help you decide wisely.

Factors that Affect the Solar System In Australia: Best Solar Power Systems Prices In Australia

The cost of installing a solar system can vary widely and is affected by a range of factors from where you live, the retailer or installer you choose, the warranties available, and the technology and size of your system. The major factors which will affect the price of a solar system are:

  • government rebates and incentives
  • contractor installation costs
  • type and number of panels
  • type and size of inverter
  • type of framing equipment and other system components
  • height and accessibility of the roof and whether it is tiled metal or concrete
  • any after-sales service agreements

Keeping the above variables in mind, these tables provide an approximate guide on the price range for solar systems in Australia’s major capital cities. Government rebates are included in these figures. Please note that the market costs change quickly so these numbers are illustrative only.

Important Elements that Affect Solar Panel Prices

  • The cost of solar panels is influenced by solar system size.
  • The cost of solar panels is affected by the panel brand
  • Warranty has an impact on solar panel prices.
  • The cost of solar panels is impacted by the inverter selection.

How much are solar panels?

On the Solar Choice network, we request that every installer submit both a standard and a premium offer. To accommodate customers on a budget or those willing to pay extra for superior products, solar installers typically offer tiers of offerings. The standard offer prices that customers most frequently choose are referenced by the Solar Choice Price Index. The premium offers from the Solar Choice installer network are reflected in the average cost of solar panels in the table below. The higher cost of the underlying equipment is the reason why these systems are priced 20–30% more than the standard offers.

Here are some rough estimates:

Budget Combo

Mid-Range Combo

Top-End Combo

Price per watt

$0.66

$0.85

$1.20

Price for a 6.6kW solar system*

$4,396

$5,661

$7,992

Example Components

JinkoSolar panels Growatt inverter

Canadian Solar Panels Sungrow inverter

SunPower Maxeon panels Fronius inverter

 

Premium Solar Panel Costs

3kW

4kW

5kW

6kW

7kW

10kW

Adelaide, SA

$4,670

$5,240

$6,130

$6,940

$8,030

$11,540

Brisbane, QLD

$4,850

$5,440

$6,260

$6,820

$7,680

$11,340

Canberra, ACT

$5,550

$6,000

$6,500

$6,990

$8,200

$10,310

Darwin, NT

$5,510

$7,670

$8,660

$10,720

$11,950

$15,460

Hobart, TAS

$6,230

$7,190

$8,450

$9,600

$10,490

$13,880

Melbourne, VIC

$5,650

$6,090

$6,830

$7,470

$8,730

$11,270

Sydney, NSW

$4,990

$5,570

$6,360

$6,680

$7,890

$10,830

Perth, WA

$4,260

$4,750

$5,230

$6,360

$7,080

$11,130

All

$5,210

$5,990

$6,800

$7,700

$8,760

$11,970

 

Average commercial solar panel costs by city & size 

10kW

30kW

50kW

70kW

100kW

Adelaide, SA

$10,400

$30,480

$53,420

$75,750

$93,580

Brisbane, QLD

$10,220

$28,820

$51,140

$68,940

$90,280

Canberra, ACT

$10,030

$32,630

$52,430

$71,180

$97,390

Hobart, TAS

$12,360

$27,490

$47,100

$65,330

$78,100

Melbourne, VIC

$10,200

$27,060

$48,380

$63,490

$84,140

Sydney, NSW

$10,730

$26,330

$48,660

$63,820

$83,060

Perth, WA

$11,480

$30,890

$58,830

$72,630

$96,010

All

$10,770

$29,100

$51,420

$68,730

$88,940

Average commercial solar panel costs per watt 

Average

10kW

30kW

50kW

70kW

100kW

Adelaide, SA

$1.01

$0.97

$1.01

$1.07

$1.08

$0.93

Brisbane, QLD

$0.97

$0.97

$0.93

$1.03

$0.98

$0.90

Canberra, ACT

$1.01

$0.95

$1.09

$1.04

$1.01

$0.97

Hobart, TAS

$0.96

$1.14

$0.92

$0.94

$0.93

$0.78

Melbourne, VIC

$0.94

$1.01

$0.90

$0.97

$0.91

$0.84

Sydney, NSW

$0.91

$1.02

$0.84

$0.94

$0.89

$0.83

Perth, WA

$1.01

$1.03

$0.97

$1.09

$1.01

$0.94

Average

$0.99

$1.01

$0.95

$1.01

$0.97

$0.88

Current Solar Power System Prices in Australia:

The average cost of installing a residential solar power system in Australia ranges from $3,000 to $10,000 per kilowatt (kW) installed. This cost variation reflects differences in system size, component quality, installation requirements, and location-specific factors.

For example, a 5kW solar power system with high-quality components and professional installation may cost between $15,000 to $25,000. However, government rebates and incentives can significantly reduce this upfront cost, making solar power more accessible to homeowners.

It’s essential to obtain quotes from multiple reputable solar installation companies to compare pricing and ensure you’re getting the best value for your investment. Additionally, consider factors such as system performance, warranty coverage, and customer reviews when making your decision.

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Investing in a solar power system is not just about upfront costs but also long-term savings and environmental benefits. By understanding the factors influencing solar power system prices in Australia and conducting thorough research, you can make a well-informed decision that aligns with your budget and sustainability goals. With the right system size, quality components, and professional installation, you can harness the abundant solar energy available in Australia while reducing your carbon footprint and energy bills for years to come.