Average Solar Power System Prices in March 2018

Average Solar Power System Prices in March 2018

Solar Choice

The tables below show average solar power system prices for August 2017 including complete system purchase and installation and the price per kW for solar electricity generation.

Average solar PV system prices for the month of March 2018.

State1.5kW2kW3kW4kW5kW7kW10kW
Adelaide, SA $2,730 $3,750 $4,160 $5,130 $5,580 $7,630 $12,640
Brisbane, QLD $3,140 $3,620 $4,140 $5,070 $5,640 $8,110 $12,810
Canberra, ACT $3,110 $3,570 $4,450 $5,350 $6,640 $8,700 $13,100
Darwin, NT $3,900 $5,130 $6,830 $8,070 No data $9,990 $15,700
Hobart, TAS $3,260 $4,480 $4,960 $6,390 $6,840 $10,190 $14,110
Melbourne, VIC $3,200 $4,020 $4,480 $5,330 $6,040 $9,010 $13,660
Sydney, NSW $2,680 $3,410 $3,990 $4,670 $5,360 $7,610 $12,190
Perth, WA $2,370 $2,630 $3,420 $4,160 $4,780 $6,800 $12,550
Average $3,049 $3,830 $4,550 $5,520 $5,840 $8,510 $13,350

Solar PV System Prices per Watt March 2018

All prices in the table below include the federal STC incentive which installers ordinarily include in final system prices. GST is also included.

  1.5kW2kW3kW4kW5kW7kW10kW
Adelaide, SA Median (Primary) $1.80 $1.75 $1.35 $1.22 $1.09 $1.08 $1.26
  High (Primary) $2.19 $2.68 $2.22 $1.93 $1.74 $1.74 $1.88
  Low (Primary) $1.09 $0.95 $0.85 $0.77 $0.68 $0.69 $0.79
  Premium $2.10 $2.00 $1.55 $1.42 $1.28 $1.18 $1.26
  Microinverter $3.16 $2.34 $1.86 $1.65 $1.54 $1.46 $1.47
Brisbane, QLD Median (Primary) $1.85 $1.65 $1.32 $1.20 $1.08 $1.12 $1.25
  High (Primary) $2.55 $2.35 $1.77 $1.56 $1.98 $1.71 $1.88
  Low (Primary) $1.16 $1.16 $0.85 $0.77 $0.68 $0.69 $0.79
  Premium $2.10 $2.00 $1.60 $1.43 $1.26 $1.21 $1.32
  Microinverter $2.67 $2.40 $1.95 $1.76 $1.70 $1.53 $1.56
Canberra, ACT Median (Primary) $1.66 $1.65 $1.42 $1.26 $1.27 $1.19 $1.29
  High (Primary) - - - - - - $1.57
  Low (Primary) - - - - - - $0.79
  Premium $2.17 $2.03 $1.69 $1.51 $1.54 $1.34 $1.37
  Microinverter $2.80 $2.16 $2.01 $1.89 $1.94 $1.85 $1.79
Darwin, NT Median (Primary) $3.90 $2.53 $2.16 $1.93 $1.90 $1.42 $1.72
  High (Primary) - - - - - - -
  Low (Primary) - - - - - - -
  Premium $4.67 $2.79 $2.41 $2.05 $2.16 - -
  Microinverter $4.50 $3.50 $3.05 $2.88 $2.71 - -
Hobart, TAS Median (Primary) $2.03 $2.10 $1.62 $1.55 $1.34 $1.43 $1.40
  High (Primary) $2.55 $2.68 $2.22 $1.93 $1.74 $1.74 $1.88
  Low (Primary) $1.52 $1.63 $1.28 $1.36 $1.04 $1.17 $1.08
  Premium $2.61 $2.39 $1.98 $1.72 $1.56 $1.53 $1.37
  Microinverter $2.96 $2.61 $2.10 $1.82 $1.70 $1.67 $1.52
Melbourne, VIC Median (Primary) $2.01 $1.91 $1.45 $1.28 $1.18 $1.27 $1.35
  High (Primary) $3.32 $2.68 $2.22 $1.93 $1.74 $1.74 $1.88
  Low (Primary) $1.09 $0.95 $0.85 $0.77 $0.68 $0.69 $0.98
  Premium $2.41 $2.21 $1.70 $1.54 $1.40 $1.45 $1.48
  Microinverter $2.68 $2.24 $1.55 $1.84 $1.89 $1.73 $1.64
Sydney, NSW Median (Primary) $1.66 $1.62 $1.28 $1.13 $1.04 $1.06 $1.20
  High (Primary) $2.30 $2.68 $2.22 $1.93 $1.74 $1.74 $1.57
  Low (Primary) $1.09 $0.95 $0.85 $0.77 $0.68 $0.69 $0.72
  Premium $2.08 $1.92 $1.51 $1.37 $1.26 $1.24 $1.24
  Microinverter $2.48 $2.21 $1.79 $1.57 $1.51 $1.53 $1.38
Perth, WA Median (Primary) $1.44 $1.19 $1.06 $0.96 $0.88 $0.92 $1.23
  High (Primary) $2.25 $1.67 $1.61 $1.57 $1.34 $1.22 $1.57
  Low (Primary) $1.01 $0.94 $0.79 $0.74 $0.65 $0.61 $0.88
  Premium $1.78 $1.54 $1.28 $1.19 $1.08 $1.09 $1.20
  Microinverter $2.37 $1.99 $1.70 $1.58 $1.46 $1.43 $0.97
All Median (Primary) $1.78 $1.70 $1.36 $1.23 $1.13 $1.15 $1.28
  High (Primary) $3.32 $2.68 $2.22 $1.93 $1.98 $1.74 $1.88
  Low (Primary) $1.01 $0.94 $0.79 $0.74 $0.65 $0.61 $0.72
  Premium $2.14 $2.02 $1.65 $1.47 $1.34 $1.24 $1.32
  Microinverter $2.95 $2.43 $2.00 $1.87 $1.81 $1.60 $1.48

Source: Solar Choice. Reproduced with permission.

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