The tables below show average solar power system prices for complete system purchase including installation and the price per kW for solar electricity generation. The information used in the tables is taken from the SolarChoice.net.au website.
In March there was a reduction in the price per watt for residential solar power systems from $1.60 last month to $1.58. Although only a minor reduction on last month, this is in fact a new record low since the Solar Choice website began recording prices back in 2012.
Despite a decrease in the incentive available under the federal Renewable Energy Target last month, average solar power system prices have remained very steady. A small reduction was found in larger systems around 10kW down to $1.60 per watt from $1.62/W in February.
Assessing your property and its energy use is crucial to installing an accurate solar energy system size for your needs.