Residential Solar PV Price Index – November 2016

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
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