Residential solar PV price index February 2016

Solar power system installation prices have increased for the second month running according to information submitted by our listed solar panels installers. The average price per Watt is roughly $1.65 up from last months figure of $1.58.

Average solar PV system prices for February 2016

State1.5kW2kW3kW4kW5kW10kW
SA $3,412 $3,664 $4,698 $5,945 $6,835 $14,647
QLD $3,022 $3,780 $4,631 $5,520 $6,592 $13,939
ACT $3,746 $4,126 $4,984 $6,100 $7,046 $13,798
TAS $3,871 $4,630 $6,281 $7,883 $8,784 $16,231
VIC $3,858 $4,179 $5,563 $6,432 $7,360 $13,844
NSW $3,437 $4,044 $4,988 $6,190 $7,272 $13,819
WA $2,248 $2,614 $3,610 $4,731 $5,829 $16,474
Average $3,370 $3,862 $4,965 $6,114 $7,088 $14,678

Solar PV System Prices per Watt February 2016

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

Location1.5kW2.0kW3.0kW4.0kW5.0kW10kW
Sydney NSW $2.24 $1.93 $1.63 $1.52 $1.36 $1.37
Canberra ACT $2.45 $2.02 $1.63 $1.49 $1.38 $1.38
Melbourne VIC $2.46 $2.03 $1.75 $1.56 $1.46 $1.37
Hobart TAS $2.53 $2.25 $2.04 $1.93 $1.72 $1.59
Adelaide SA $2.21 $1.79 $1.53 $1.45 $1.34 $1.45
Perth WA $1.50 $1.31 $1.20 $1.18 $1.17 $1.65
Brisbane QLD $1.94 $1.82 $1.50 $1.37 $1.29 $1.36
Average $2.19 $1.88 $1.61 $1.50 $1.40 $1.46

Most installed component brands in February 2016

City Panel brands used Inverter brands used
Adelaide, SA BenQ, Canadian, ET Solar, JA Solar, Hanwha Q-Cells, ReneSola, Simax, SunEd, Trina, Yingli Fronius, ABB/Power-One, Growatt, SMA, SolarMax, Sungrow, Surpass, ZeverSolar
Brisbane, QLD Australia Premium Solar, Canadian, CSun, Jinko, LG, Luxen, Phono,  Hanwha Q-Cells, ReneSola, Risen, SunEd, Suntech, TopSola, Trina, Yingli ABB/Power-One, Fronius, Eltek, JFY, REA, Schneider, SMA, Sungrow, ZeverSolar
Canberra, ACT Jinko, Opal, Phono, Hanwha Q-Cells, ReneSola, SunEd, Trina, Yingli ABB/Power-One, Delta, Fronius, JFY, SMA, Sungrow, ZeverSolar
Melbourne, VIC BLD, Canadian, CSun, Jinko, Hanwha Q-Cells, SolarWorld, SunEd ABB/Power-One, Fronius, Delta, JFY, SMA, Sungrow, ZeverSolar
Tasmania SunEd, Yingli ABB/Power-One, Fronius, SMA, Sungrow
Sydney, NSW Canadian, CSun, Hanwha Solar-One, JA Solar, Jinko, LG, Opal, Phono, Hanwha Q-Cells, ReneSola, SunEd, Trina, Yingli ABB/Power-One, Delta, Fronius, Growatt, Samil, SMA, Sungrow, UNO, ZeverSolar
Perth, WA ET Solar, GuangYe, ReneSolar, TN Solar, Trina GoodWe, SMA, Sungrow