The average price per watt of installed solar power for December 2016 is $1.62 per watt, not much movement in prices has taken place over the past few months with the cost of most systems between 2kW and 10kW remaining steady.
Average solar PV system prices for December 2016
State | 1.5kW | 2kW | 3kW | 4kW | 5kW | 10kW |
---|---|---|---|---|---|---|
SA | $3,465 | $4,014 | $5,176 | $5,861 | $6,870 | $13,445 |
QLD | $2,981 | $3,583 | $4,181 | $5,113 | $5,992 | $13,424 |
ACT | $4,382 | $4,781 | $5,981 | $7,131 | $8,181 | $13,960 |
NT | $6,527 | $7,293 | $8,670 | $10,518 | $9,250 | $21,743 |
TAS | $3,745 | $4,355 | $5,726 | $6,914 | $7,879 | $16,313 |
VIC | $3,380 | $3,994 | $4,837 | $5,628 | $6,501 | $13,636 |
NSW | $3,145 | $3,650 | $4,747 | $5,327 | $6,103 | $13,451 |
WA | $2,371 | $2,646 | $3,410 | $4,137 | $4,692 | $13,330 |
Average | $3,750 | $4,290 | $5,307 | $6,329 | $6,933 | $14,913 |
Solar PV System Prices per Watt December 2016
All prices in the table below include the federal STC incentive which installers ordinarily include in final system prices. GST is also included.
Location | 1.5kW | 2.0kW | 3.0kW | 4.0kW | 5.0kW | 10kW |
---|---|---|---|---|---|---|
Sydney NSW | $2.03 | $1.78 | $1.48 | $1.31 | $1.21 | $1.33 |
Canberra ACT | $2.84 | $2.33 | $1.94 | $1.73 | $1.59 | $1.38 |
Darwin NT | $4.35 | $3.65 | $2.87 | $2.63 | $2.53 | $2.23 |
Melbourne VIC | $2.15 | $1.94 | $1.56 | $1.36 | $1.26 | $1.36 |
Hobart TAS | $2.48 | $2.15 | $1.87 | $1.71 | $1.55 | $1.62 |
Adelaide SA | $2.26 | $1.97 | $1.69 | $1.43 | $1.35 | $1.34 |
Perth WA | $1.44 | $1.31 | $1.05 | $1.02 | $0.93 | $1.33 |
Brisbane QLD | $1.90 | $1.75 | $1.38 | $1.26 | $1.19 | $1.33 |
Average | $2.16 | $1.89 | $1.57 | $1.40 | $1.30 | $1.38 |