Residential solar PV price index November 2015

Prices in November have dropped to one of the lowest levels since 2012 placing solar power at an average of $1.70/W. 1.5kW, 2kW, 3kW, 4kW and 5kW solar power systems have dropped to record low prices, this could be caused by the sudden high demand. It seems like everywhere one looks there is talk of solar power be it on the TV or social media.

Average solar PV system prices for November 2015

State1.5kW2kW3kW4kW5kW10kW
SA $3,231 $3,612 $4,633 $5,922 $6,847 $12,889
QLD $3,113 $3,888 $4,643 $5,666 $6,699 $13,914
ACT $3,625 $4,234 $5,207 $6,477 $7,495 $14,119
TAS $3,684 $4,222 $5,662 $7,169 $8,063 $16,480
VIC $3,527 $3,975 $4,953 $6,168 $7,489 $14,115
NSW $3,669 $4,190 $5,353 $6,835 $7,903 $14,303
WA $2,720 $3,161 $4,123 $5,210 $6,150 $15,110
Average $3,367 $3,897 $4,939 $6,207 $7,235 $14,303

Solar PV System Prices per Watt November 2015

Location1.5kW2.0kW3.0kW4.0kW5.0kW10kW
Sydney NSW $2.41 $2.04 $1.77 $1.69 $1.59 $1.42
Canberra ACT $2.39 $2.00 $1.72 $1.60 $1.48 $1.41
Melbourne VIC $2.33 $1.97 $1.62 $1.52 $1.49 $1.40
Hobart TAS $2.24 $2.08 $1.86 $1.78 $1.61 $1.63
Adelaide SA $2.13 $1.79 $1.52 $1.46 $1.36 $1.28
Perth WA $1.81 $1.58 $1.37 $1.30 $1.21 $1.52
Brisbane QLD $2.03 $1.89 $1.54 $1.40 $1.32 $1.38
Average $2.22 $1.91 $1.63 $1.54 $1.44 $1.42

Most installed component brands in November 2015

City Panel brands used Inverter brands used
Adelaide, SA BenQ, Canadian, CSun, Hanwha Q-Cells, JA Solar, Jinko, Simax, Sunrise Solartech ABB/Power-One, ZeverSolar, Fronius, Growatt, SMA, Sungrow, Surpass,
Brisbane, QLD Australian Premium Solar, Canadian, CSun, LG, Luxen, Hanwha Q-Cells, ReneSola, Risen, Topsola SMA, Sungrow, ZeverSolar, Fronius, Growatt, JFY, ABB/Power-One, REA, Schneider
Canberra, ACT CSun, Hanwha Q-Cells, JA Solar, Jinko, Opal, Trina ABB/Power-One, Delta, ZeverSolar, Fronius, JFY, Sungrow
Melbourne, VIC BLD, Canadian Solar, CSun, Hanwha Q-Cells, JA Solar, Jinko, SolarWorld Delta, ZeverSolar, Fronius, JFY, ABB/Power-One, SMA, Sungrow
Tasmania Canadian, Hanwha Q-Cells, JA Solar, ReneSola, Yingli ABB/Power-One, Fronius, Sungrow, ZeverSolar
Sydney, NSW Canadian, CSun, Hanwha Q-Cells, JA Solar, Jinko, Kyocera, LG, Opal, Yingli ABB/Power-One, Fronius, Growatt, Samil, SMA, Sungrow, UNO, ZeverSolar
Perth, WA ET, TN, GY Delta, GoodWe, JFY, SMA, Sungrow

Information source solarchoice.net.au