How much do solar panels cost in Australia?

Or to put it another way – how many kilowatts (kW) of solar panels you choose to install will affect how much it costs. Prices in Australia have dropped significantly since I started SolarQuotes over a decade ago (when a piddly installation with 1 kW of solar panels cost $10,000!) – particularly pricing for larger systems.

How much does a 10kW Solar System cost in Australia?

Indications are 10kW solar power systems crept up in price – from $11,540 in December 2022 to $11,659 in January 2023. To keep track of pricing movements as new information comes in, use the SolarQuotes Australian Solar Price Index. Note that the system costs are based on a broad range of quality and installation scenarios.

How much does a watt of solar power cost in Australia?

Back then, Australians were paying around 93c a watt on average compared to $1.09 in January 2023. It’s quite a jump, but something else that has jumped significantly in recent times are electricity prices; so uptake of home solar power systems remains pretty healthy.

How much does a solar panel cost?

Keep in mind that your total solar panel price can be impacted by several factors, including the brand and type of solar panels and the size of solar system you choose. Canstar Blue found the average solar installation cost, as of December 2023, was $1,503. These costs were provided by survey respondents who did not buy an inclusive solar package.

How much does a solar PV system cost?

With upfront costs of installing a solar PV system still quite high, a number of federal and state government incentives are still available to help offset the expense. On average the price starts from about $4,000 for a four-kilowatt system using roughly 10 panels and goes up to around $10,000 for a 10-kilowatt system made up of 24 panels.

How much does a solar battery cost?

According to Canstar Blue’s December 2023 survey, the average cost of a solar battery is $6,118. However, according to Solar Quotes the most popular brands and models can cost between $8,750 and $15,500, including installation. The overall price will depend on the brand of battery you go with, and the complexity of the installation.