How Much Does One Solar Panel Cost In Australia
How Much Does One Solar Panel Cost In Australia
Considering solar power but afraid of the expense? If you want to live a low-cost, mindful lifestyle without sacrificing quality, you must constantly weigh the positive and negative aspects of adding solar power. The cost of solar panels is something that needs to be understood as more and more businesses and homeowners study the advantages of using solar energy. So what is the price of a single solar panel in Australia, and what factors affect this price?
Do solar panels all have the same price?
The cost of solar panels varies depending on a number of factors. The following is a summary of the variables that affect panel prices:
- Size/Wattage: The price increases with increasing wattage. The cost of each panel will go up if each cell has greater power punch, but the advantage of bigger panels is usually that you won’t need as many extras on your roof.
- Availability: There is a present solar panel oversupply in Australia, which translates to lower-cost panels.
- Manufacturer: The most significant influence on the cost of a solar panel is frequently the brand you choose. Although premium brands are typically more expensive, they also offer the best warranties, the latest technology, and the best customer service.
- Model: Regardless of brand, older solar panel models are typically less expensive. Upgrading models are produced following significant expenditures in R&D. This usually means that the cost of these panels will increase.
Issues Affecting the Price of Solar Panels:
Panel Form and Efficiency
Prices and levels of efficiency vary across several solar panel types, which include monocrystalline, polycrystalline, and thin-film.
Brand and Quality
Compared to lesser-known names, established companies with a track record for dependability and quality may be more expensive. But investing in well-known brands frequently guarantees greater longevity and performance.
Installation & Fixing
Depending on the type of roof, accessibility, and labor rates in your area, the cost of installation and mounting gear, such as racks and frames, can vary.
Government Incentives
State-based rebates and incentive programs like the Small-scale Renewable Energy Scheme (SRES) can drastically lower the initial cost of installing solar panels.
System Size
Because larger systems often offer superior economies of scale, the cost difference between buying individual solar panels and a complete solar system can have an impact on the total cost.
Cost of Solar Panels by State
Size (NSW, QLD, WA, SA, NT, ACT) (VIC, TAS)
1.5kW……………………. $3,286 ……………………………….$3,364
2kW………………………. $3,676 ……………………………….$3,794
3 kW…………………….. $4,271………………………………….$4,468
4 kW…………………….. $5,192………………………………….$5,388
5 kW…………………….. $6,034………………………………….$6,309
6.6 kW…………………. $7,410……………………………………$7,764
7 kW……………………. $7,907……………………………………$8,261
8 kW…………………….. $8,714…………………………………..$9,146
9 kW……………………. $9,476……………………………………$9,987
10 kW………………….. $10,239………………………………… $10,789
12 kW………………….. $12,529………………………………… $14,397
15 kW…………………… $15,802……………………………….. $15,627
20 kW………………….. $18,769………………………………… $21,870
30 kW…………………. $26,378…………………………………. $33,029
40 kW…………………. $38,416………………………………….. $40,578
50 kW…………………. $46,605…………………………………. $49,317
100 kW……………….. $81,919…………………………………… $87,342
How Much Does Installing Solar Panels Cost?
In Australia, the average cost of installing a solar energy system is approximately $5,200, without the government subsidy. The cost of installing a solar system depends on the location as well as the quantity of solar panels needed to meet electricity demands. The power density (or amount of solar energy generated per unit area) of a solar panel determines its cost. As a result, the cost per watt rises along with panel density. Any Australian roof can have solar panels installed, though there may be differences in the specific methods and tools needed.
How to get the best deal for solar panel
The formula is quite easy to understand: Obtain bids from three or more local solar suppliers and assess your energy requirements, both now and in the future. Making the mistake of going solar naively is one of the largest mistakes made by homeowners. Analyse your most recent electricity bills (at least the previous two or three) and find out how many kWh you use on average each day. This should provide you with an approximate idea of the size of system you will require. A 5kW system (20–22kWh per day) will probably suffice if you discover that you use 18kWh daily.
How to Determine a Solar System’s Cost:
Multiplying the cost per panel by the quantity of panels needed to achieve the desired system size will give you the overall cost of installing a solar system. Don’t forget to account for installation fees, government subsidies, and any extra parts like batteries and inverters.
Even though installing solar panels can appear expensive initially, there are a number of long-term advantages to think about, such as lower electricity costs, higher property values, and environmental sustainability. It is possible to make an informed decision about renewable energy for your house or place of business by being aware of the elements that affect solar panel cost and taking advantage of any incentives. For more information, click HERE.
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