Average solar PV system prices for May 2016

Based on data from solar panel installers across Australia the average price per Watt for a fully installed solar power system is sitting around $1.65 including GST. Market indicators are continuing to show an increase in solar uptake in both the residential and commercial solar markets.

Average solar PV system prices for May 2016

State1.5kW2kW3kW4kW5kW10kW
SA $3,301 $3,616 $4,647 $5,803 $6,733 $14,557
QLD $3,022 $3,780 $4,513 $5,529 $6,382 $14,150
ACT $3,662 $4,134 $5,198 $6,159 $7,086 $14,242
TAS $3,890 $4,635 $6,140 $7,401 $8,503 $16,223
VIC $3,593 $4,057 $5,177 $6,243 $7,171 $14,296
NSW $3,343 $3,875 $4,901 $5,862 $6,769 $13,288
WA $2,499 $3,182 $4,327 $4,953 $6,039 $14,267
Average $3,329 $3,895 $5,519 $5,993 $7,642 $14,133

Solar PV System Prices per Watt May 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 $2.17 $1.89 $1.61 $1.44 $1.35 $1.31
Canberra ACT $2.39 $2.03 $1.70 $1.51 $1.39 $1.41
Melbourne VIC $2.35 $1.97 $1.69 $1.53 $1.42 $1.42
Hobart TAS $2.55 $2.26 $2.01 $1.82 $1.67 $1.57
Adelaide SA $2.16 $1.77 $1.51 $1.42 $1.32 $1.44
Perth WA $1.67 $1.59 $1.44 $1.24 $1.21 $1.43
Brisbane QLD $1.94 $1.82 $1.48 $1.35 $1.26 $1.40
Average $2.17 $1.90 $1.63 $1.47 $1.37 $1.42

Most installed component brands in May 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