Residential Solar PV Price Index – November 2016
Average solar power system prices in most Australian capital cities changed little between October and November 2016, according to data from the Solar Directory installer network. Currently, the average price for a solar power system is close to $1.63 per watt give or take a few cents.
Average solar PV system prices for November 2016
| State | 1.5kW | 2kW | 3kW | 4kW | 5kW | 10kW |
|---|---|---|---|---|---|---|
| SA | $3,465 | $4,014 | $5,176 | $5,861 | $6,870 | $13,468 |
| QLD | $2,981 | $3,583 | $4,263 | $5,191 | $6,031 | $12,759 |
| ACT | $4,382 | $4,781 | $5,981 | $7,131 | $8,181 | $13,985 |
| NT | $6,627 | $7,293 | $8,670 | $10,518 | $9,250 | $21,743 |
| TAS | $3,804 | $4,410 | $5,904 | $7,185 | $8,141 | $15,908 |
| VIC | $3,380 | $3,994 | $4,837 | $5,628 | $6,501 | $13,636 |
| NSW | $3,078 | $3,545 | $4,729 | $5,233 | $6,041 | $13,218 |
| WA | $2,283 | $2,784 | $3,385 | $4,202 | $4,769 | $14,155 |
| Average | $3,737 | $4,300 | $5,368 | $6,369 | $6,973 | $14,859 |
Solar PV System Prices per Watt November 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 | $2.00 | $1.74 | $1.50 | $1.30 | $1.21 | $1.31 |
| Canberra ACT | $2.84 | $2.33 | $1.94 | $1.73 | $1.59 | $1.39 |
| 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 | $2.50 | $2.16 | $1.93 | $1.77 | $1.61 | $1.58 |
| Adelaide SA | $2.26 | $1.97 | $1.69 | $1.43 | $1.35 | $1.34 |
| Perth WA | $1.52 | $1.39 | $1.13 | $1.05 | $0.95 | $1.42 |
| Brisbane QLD | $1.90 | $1.75 | $1.41 | $1.29 | $1.19 | $1.25 |
| Average | $2.17 | $1.90 | $1.59 | $1.42 | $1.31 | $1.38 |