The cost of installing a solar system can vary widely and is affected by a range of factors from where you live, the retailer or installer you choose, the warranties available, and the technology and size of your system.
The major factors which will affect the price of a solar system are:
Keeping the above variables in mind, these tables provide an approximate guide on the price range for solar systems in Australia's major capital cities. Government rebates are included in these figures. Please note that the market costs change quickly so these numbers are illustrative only.
System size | Estimated price range |
---|---|
2 kW | $2,800 - $5,600 |
3 kW | $2,900 - $6,950 |
4 kW | $3,400 - $7,900 |
5 kW | $3,500 - $9,500 |
10 kW | $7,600 - $14,100 |
Note: all prices are a guide only and prices in this table include both the up-front incentive available for small-scale systems through the Renewable Energy Target (STCs) and GST – they represent the total out-of-pocket cost of the system to the customer. Source: Solar Choice - Residential Solar PV Price Index – April 2019.
System size | Estimated price range |
---|---|
10 kW | $12,100 - $14,700 |
30 kW | $30,200 - $38,200 |
50 kW | $49,800 - $63,900 |
100 kW | $101,400 - $115,500 |
Note: all prices are a guide only and all prices in this table include incentives available through the federal Renewable Energy Target as well as GST, but do not incorporate meter installation fees or additional costs, such as ground-mounting, grid protection or grid connection studies. Source: Solar Choice - Average Commercial Solar System Price – February 2019.
There are numerous factors that affect your suitability for solar and the period it will take for your system to pay for itself.
The amount of money your household will save on power bills by going solar is affected by several factors, including:
A Clean Energy Council Approved Solar Retailer must provide a site-specific estimate of your system’s energy generation. Many solar companies will also calculate the impact this has on your bill.
Businesses have a couple of other things to consider, including the tax implications of any revenue received from feed-in tariffs.