Residential solar power system prices March 2016

For the last two months solar power system prices have been on the increase however during March there was a slight decrease in prices. The current price per watt of solar power is sitting around $1.64/W.

Average solar PV system prices for March 2016

State1.5kW2kW3kW4kW5kW10kW
SA $3,409 $3,673 $4,711 $5,760 $6,671 $14,321
QLD $3,111 $3,800 $4,627 $5,463 $6,352 $13,977
ACT $3,710 $4,115 $5,113 $5,972 $6,867 $14,168
TAS $3,871 $4,630 $6,131 $7,433 $8,501 $16,231
VIC $3,598 $4,078 $5,024 $6,144 $6,983 $14,079
NSW $3,535 $3,990 $5,010 $6,281 $6,696 $13,541
WA $2,248 $2,614 $3,610 $4,731 $5,829 $16,177
Average $3,355 $3,843 $4,889 $5,969 $6,843 $14,645

Solar PV System Prices per Watt March 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 $2.30 $1.90 $1.63 $1.51 $1.32 $1.34
Canberra ACT $2.43 $2.02 $1.67 $1.46 $1.35 $1.41
Melbourne VIC $2.36 $2.00 $1.63 $1.50 $1.38 $1.39
Hobart TAS $2.53 $2.25 $1.99 $1.82 $1.67 $1.89
Adelaide SA $2.23 $1.80 $1.54 $1.41 $1.31 $1.41
Perth WA $1.50 $1.31 $1.20 $1.18 $1.17 $1.62
Brisbane QLD $2.00 $1.84 $1.48 $1.33 $1.26 $1.38
Average $2.19 $1.87 $1.59 $1.46 $1.35 $1.45

Most installed component brands in March 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