Between May and June solar PV system installation prices increased slightly coming in at close to $1.69 per watt of installed solar capacity. Prices were at their lowest in Perth and Hobart was the highest with the exception of 10kW system prices remaining relatively stable across Australia.
Average solar PV system prices for June 2016
State | 1.5kW | 2kW | 3kW | 4kW | 5kW | 10kW |
---|---|---|---|---|---|---|
SA | $3,432 | $3,718 | $4,781 | $5,951 | $6,896 | $14,731 |
QLD | $3,021 | $3,789 | $4,500 | $5,474 | $6,386 | $14,848 |
ACT | $3,694 | $4,174 | $5,275 | $6,224 | $7,155 | $14,848 |
TAS | $4,105 | $4,830 | $6,431 | $7,699 | $8,801 | $16,161 |
VIC | $3,516 | $4,050 | $5,354 | $6,338 | $7,270 | $14,227 |
NSW | $3,180 | $3,747 | $4,705 | $5,686 | $6,501 | $14,178 |
WA | $2,324 | $2,994 | $4,005 | $4,800 | $5,714 | $16,177 |
Average | $3,820 | $4,442 | $5,597 | $6,735 | $7,515 | $16,048 |
Solar PV System Prices per Watt june 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 | $2.07 | $1.83 | $1.55 | $1.40 | $1.30 | $1.40 |
Canberra ACT | $2.42 | $2.06 | $1.73 | $1.53 | $1.41 | $1.47 |
Melbourne VIC | $2.27 | $1.98 | $1.73 | $1.54 | $1.43 | $1.40 |
Hobart TAS | $2.69 | $2.36 | $2.09 | $1.89 | $1.73 | $1.61 |
Adelaide SA | $2.24 | $1.82 | $1.56 | $1.45 | $1.35 | $1.45 |
Perth WA | $1.55 | $1.50 | $1.33 | $1.12 | $1.10 | $1.02 |
Brisbane QLD | $1.94 | $1.82 | $1.47 | $1.34 | $1.25 | $1.47 |
Average | $2.17 | $1.91 | $1.64 | $1.48 | $1.37 | $1.49 |