Solar Energy Cost: How Much Does Solar Cost in Australia?

Solar Energy Cost: How Much Does Solar Cost in Australia?

Solar energy is a highly viable alternative to the conventional electricity infrastructure in Australia due to its economical nature and the country's ample sunshine. Installation and the total solar system cost can vary from $3,800 to $15,000. However, solar fees are contingent on various factors, including the quantity of panels, the system's quality, and the anticipated output.

solar energy cost

Solar electricity is environmentally benign but a long-term investment lasting for years. Solar energy costs vary greatly depending on where you reside, the merchant or installation you choose, the size of your system, and additional components. As an alternative, you can choose a portable solar system - Jackery Solar Generator - with a lower cost and bigger capacity to power most of your home appliances. 

Key Takeaways:

  • The price of solar energy will vary substantially depending on your state, solar system size, installation, and solar quality. The average solar cost in Australia was $5,667.

  • The typical Australian householder requires 28 to 34 solar panels. The typical cost for a 3 kW solar system and installation is $5,250.

  • A 6kW solar photovoltaic system would cost between $4,000 to $6,000 in most states. Queensland had the highest average solar costs.

  • The average cost of installing solar panels in Australia, excluding the government rebate, is $5,200.

  • As an illustration, a 6kW solar system producing 10,000 kWh per year can result in savings ranging from $1,400 to $1,600.

  • Compared to the higher expenses of rooftop solar systems, consider investing in a portable solar system, such as the Jackery Solar Generator 2000 Plus, 2000 Pro, or 1000 Pro, to power your home appliances.


How Much Does Solar Cost? 

To understand the current solar cost in Australia, you must first know that the advertised solar power system price usually includes the installation cost. However, you may be eligible for additional benefits after qualifying for solar panel subsidies.


The price of solar energy will vary substantially depending on your location, the scale of the solar system you implement, and the quality of the materials used in the installation. Generally, solar expenses are subdivided into solar panels, inverters, and installation costs. Installing a solar battery into a solar system will incur an additional fee.


The average cost of solar systems in Australia was $5,667, as reported by Canstar Blue

Government subsidies have contributed to the reduction in solar panel costs in Australia. As a result, solar energy systems are more economically viable in this region than most of the world.


Per Watt: The initial step in ascertaining the cost per watt of the solar panels is to evaluate the system's overall dimensions and the applicable state-specific rebates. As an illustration, the cost per watt of a 6kWh panel system is approximately AUD 1.04. Nonetheless, when the system capacity is increased to 12 kWh, the price falls to AUD 0.92.


Per kWh: When the global solar power industry is considered, the cost of panels per kilowatt-hour in Australia is among the most affordable. As a result of government rebates, initiatives, and the nation's burgeoning solar industry, prices have become extraordinarily affordable for the average citizen. For instance, the cost per kilowatt-hour (kWh) for a high-quality solar panel system can range from $800 to $1000.

how much does solar cost

How Much Does Solar Cost by Solar System Sizes?

To offset the cost of solar panels and installation against their electricity expenses, the typical householder requires 28 to 34 solar panels. Assuming households' average annual electricity consumption is around 10,000 kWh, these figures are derived from the power output of 250-watt panels.


A kilowatt-hour is consumed when one thousand watts of power are used for one hour. Thus, if your residence contains twenty 50-watt light bulbs, leaving them on for an hour consumes one kilowatt-hour of electricity. The cost of solar energy in Australia has decreased significantly over the past decade, with larger systems costing the most.

  • The typical cost for a 3 kW solar system and installation is $5,250.
  • The government rebate is $1,005.
  • The overall price for a 3 kW solar power system is approximately $4,245.
Regardless, the solar costs in 2023 are substantially subsidised by the Australian government's solar rebate programme. The approximate prices of solar systems following rebates are listed below.

Residential Solar System Size

Estimated Cost

Estimated Cost After Tax

$/W

2 kW

$6,820

$5,045

$3.40

3 kW

$9,160

$6,779

$3.06

4 kW

$11,520

$8,530

$2.89

5 kW

$14,110

$10.441

$2.81

6 kW

$16,860

$12,475

$2.81

7 kW

$19,437

$14,380

$2.78

8 kW

$21,970

$16,260

$2.75

9 kW

$24,705

$18,280

$2.75

10 kW

$27,540

$20,380

$2.75

(Data Source:E-Green Electrical)
According to the two tables, it is easy to check out the solar energy costs for residential and business uses. Some superior residential solar systems, such as 10kW in residential areas, could cost much more than in industry. However, it is wise to choose simple solar systems for daily life use. 

Business Solar 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

(Data Source:Solar Choice)

How Much Does Solar Cost by State?

A 6kW solar photovoltaic system would cost between $4,000 and $6,000 in most Australian states, while a 10kW system would cost between $7,500 and $10,500. The starting price for a 5kW solar system of satisfactory quality in Sydney is $5,500 on average. Approximately $7,000 should be budgeted for panel-level output.


Including every conceivable feature, high-efficiency panels cost nine thousand dollars. The International Energy Agency (IEA) reports that the global installed photovoltaic (PV) capacity is at least 627 GW. Solar energy accounted for approximately 3% of global power generation in 2020.


As demonstrated previously, Queensland had the most extraordinary average solar costs. Victoria and South Australia residents followed suit, while New South Wales and Western Australia registered the lowest solar installation costs.

State

1.5kW

2kW

3kW

4kW

5kW

Victoria

$3,215

$3,478

$3,984

$4,599

$5,440

WA

$2,450

$2,710

$3,010

$3,540

$3,650

SA

$2,792

$3,150

$3,650

$4,185

$4,722

NWS

$2,950

$3,230

$3,690

$4,055

$4,450

Queensland

$3,280

$3,620

$3,860

$4,650

$4,980

Avg. of All Combined

$2,909

$3,211

$3,655

$4,201

$4,633

(Data Source:E-Green Electrical)

How Much Does Solar Cost by Installation?

Installing a solar energy system in Australia typically costs around $5,200 (not including the government rebate). Location and the number of solar panels required to satisfy energy demands will impact the price of solar system installation.

Cost is determined by the amount of solar energy produced per unit area (power density) of a solar panel. Consequently, as panel density increases, so does the cost per watt. Solar panels can be mounted on any Australian roof; however, the specific technique and equipment required may differ.

Thus, installers may assess a premium for labour-intensive roof types. You must connect your solar power system to the local power grid to take advantage of feed-in tariff rates. However, this procedure can substantially increase the price of solar panel installation.

Installation Items

Cost

Cheap Solar Panels

$3,000

Cheap Inverter

$550

Lower Quality Installation

$1,800

Roof Mount Kits

$440

Outsourced Marketing

$250

Total Costs of Products

$6,200

Rebates

-$3,400

Total Amount

$2,800

(Data Source:Solar Bright)

How Much Does Solar Cost by Solar Panel Quality?

Solar panels are available in basic and premium varieties due to variations in energy output and lifespan among manufacturers. The cost of a 5kW monocrystalline solar panel is greater than that of any other variety.

types of solar panels
Three varieties of solar panel cells exist, most of which are composed of silicon. The first is monocrystalline solar cells, such as those found in Jackery Solar Panels, which are the most efficient. Following this, polycrystalline solar cells are the second most prevalent form. However, it could be more efficient because it comprises various silicon sources.

Lastly, thin-line cells comprised of more recent materials are the most affordable alternative. They are more space-intensive, fragile, and inefficient than polycrystalline cells.

How Much Does Solar Cost by Additional Components?

Adding battery packs, power/utility meters, and inverters can substantially increase the price of installing solar panels on a residential property. Although including these supplementary elements raises the overall cost of solar systems, they can also yield advantageous outcomes.


Every solar panel requires an inverter. A 4 kWh premium inverter may cost approximately $2,000. A solar battery pack facilitates the storage of surplus energy generated by a solar panel during the day for later use, such as on overcast days or at night. A Tesla 13 kWh battery could cost approximately $12,000. Additionally, you could reduce expenses by taking advantage of solar battery incentives.


Power metres indicate the quantity of electrical energy consumed and returned to the grid. A standard monitoring system is included with most inverters to provide fundamental power generation and consumption data. Consider incorporating a smart meter to provide additional information, such as a notification when your system is operating at a suboptimal level.


Instead of wasting money on upfront solar costs, consider purchasing an all-in-one portable solar system, such as the Jackery Solar Generator, which integrates solar panels with a mobile power station to convert sunshine into electricity. The Jackery Portable Power Station includes a first-rate lithium battery, MPPT charge controller, and pure sine wave inverter.


What Factors Affect The Solar Cost? 

Solar energy costs vary significantly depending on the choices you make on the solar panel, inverter battery brand and solar system size, the location of your home, type of roof and the local solar installation market. These are some of the most critical factors affecting the cost of picking and installing a solar system.


Solar System Size: Because solar panels are available in various capacities and configurations, a 10kW solar system will be more expensive than a 3kW system. An increase in the size of your solar system, expressed in kilowatt-hours (kW), will not only result in a greater output of electricity but will also necessitate a more suitable roof area to accommodate the necessary dimensions of the solar panels.


Solar Installation Costs: As with all significant financial outlays, shop for at least three quotations before committing to a purchase. The rates set by the installer are their own, and they can vary considerably from smaller or local retailers to chain retailers, depending on whether the installation is included in a package or not.


Factors such as the condition and accessibility of the roof, the size of the solar system, whether a more complex monitoring system is desired, local regulations governing solar installers, and the feasibility of repairing an ageing roof before solar panel installation are all significant considerations. 

jackery solar generator
Adding More Components: Compared to other components of a solar system, solar battery storage systems are still relatively expensive; therefore, adding a battery will increase your purchase price. When deciding whether to add a battery to your system, consider how long you plan to reside at your current residence and how you intend to utilise the electricity you produce.

Solar Rebates: Until its complete elimination in 2030, the federal solar rebate (STC) programme has diminished annually. This impacts solar pricing upwards, but its significance was overshadowed during the initial years of solar energy development due to the declining cost of solar. Significant reductions in wholesale solar equipment costs have not been observed since 2021. Consequently, the modest increase in solar's net worth in recent years can be attributed to the diminished rebate value. The graph shown at the beginning of this article illustrates this.

Solar Finance Packaging: Solar financing alternatives entail an interest charge. In contrast, solar bundles acquired from electricity providers entail stipulations like maintaining a particular electricity plan for several years.


How Much Electricity Bills Can Save After Choosing Solar?

As a result of the abundant sunlight in Australia, installing will significantly reduce your electricity bill. As an illustration, a 6kW solar system producing 10,000 kWh per year can result in savings ranging from $1,400 to $1,600. Anticipated savings over two decades are between $28,000 and $32,000. (Data Source: NECTR)


However, the computation of the precise amount is complex due to numerous factors. Your electricity rate fluctuates frequently by your usage patterns. Determining the average unit of power consumed is thus the initial stage in estimating the amount of money that can be saved through solar energy. Divide by two the unit of electricity consumed during a given period.


Your solar energy savings will also grow with the rising electricity rate. Solar panels ultimately recoup their investment through reduced electricity expenses and, in certain instances, revenue generation via feed-in tariffs. Depending on location, solar panels in Australia have a repayment period of five to eight years. Investing in solar panels is highly advantageous, notwithstanding their maximum repayment period of 8.2 years.


Jackery Solar Generators To Save Electricity Bills

As a result of the elevated expenses associated with rooftop solar systems, one may initially contemplate investing in a portable solar system. Jackery Solar Generators are quickly becoming the go-to option for home backup power and off-grid living. PV generators can also supply energy to various appliances, such as refrigerators, microwaves, cookers, etc.
how jackery solar generator works
The Jackery Solar Generator, integrating Jackery Solar Panels with a Portable Power Station, supplies dependable and environmentally friendly electricity for camping, off-grid living, and RVing. Beyond generating more electricity (at a power conversion rate of over 25%), the Jackery Solar Panels feature a superior quality energy-storing lithium-ion rechargeable power station. Using the battery protection system and MPPT charge controller, the power station's capacity to charge household appliances is guaranteed to be secure.

Jackery Solar Generator 2000 Pro

The Jackery Solar Generator 2000 Pro is a fusion of the Jackery Explorer 2000 Pro and SolarSaga 100W solar panels; it has a combined capacity of 2160Wh and an output of 2200W. The Solar Generator 2000 Pro is the optimal solution when dependable electricity is required for off-grid living, home backup, other outdoor activities or during a power outage.

When utilised twice weekly, the Jackery Explorer 2000 Pro portable power station maintains a useful life of ten years. With a standby capacity of one year, it is a reliable power source for residential support. The product is deemed ideal due to its state-of-the-art attributes:
  • A high-contrast, user-friendly interface
  • Efficient charging (requiring a mere two hours with AC input)
  • Robust security facilitated by a BMS of the highest calibre
  • The portability-enhancing 19.5-pound weight and collapsible handle are distinguishing features of the portable generator.

Product

Jackery Solar Generator 2000 Pro 

Image

jackery solar generator 2000 pro

Capacity

2160Wh (43.2V/50Ah)

Dimension

1000 cycles to 80%+ capacity

Battery Cell

NMC battery

Dimension

30.75x26.9x38.4cm

Recharging Methods

Explorer 2000 Pro + 6*SolarSaga 100W: 5.5H; AC Adapter: 2H; 12V Car Adapter: 24H

Output Ports

2*AC Output: 230V, 2200W (peak 4400W); 2*USB-A: Quick Charge 3.0x2, 18W Max; 2*USB-C: 100W Max, (5V, 9V, 15V, 12V, 20V up to 5A); 1*Carport: 12V⎓10A

The high-performance Solar Generator 2000 Plus, which Jackery introduced, signifies a significant advancement in portable power alternatives. Due to its considerable capacity and outstanding power output, it can provide power for standard van utilities for several weeks and fulfil the power demands of outdoor exploration or home backup power supply.

Integrating battery cells into the Jackery Solar Generator 2000 Plus results in a significant capacity expansion from 2 kWh to 12 kWh, revolutionising how residential reserve power is delivered. Expandable to 3000W, representing a 30% increase in rated power compared to competing 2 kWh products. Powered devices comprise the vast majority of essential household appliances. The prolonged operational expectancy of the advanced LiFePO4 battery is ten years, notwithstanding its consistent daily use.

Product

Jackery Solar Generator 2000 Plus

Image

Capacity

2042.8Wh (13A/638.4Ah)

Dimension

4000 cycles to 70%+ capacity

Battery Cell

LiFePO4 battery

Dimension

37.36x35.94x47.3cm

Recharging Methods

Explorer 1000 Pro + 6*SolarSaga 100W: 6H; AC Adapter: 1.7H; 12V Car Adapter: 25H

Output Ports

3*AC Output: 230V~ 50Hz, 3000W Max, 6000W surge peak; 2*USB-A: Quick Charge 3.0, 18W Max; 2*USB-C: 100W Max, (5V, 9V, 15V, 12V, 20V up to 5A); 1*Carport: 12V⎓10A

Combining 80W SolarSaga solar panels with the Explorer 1000 Pro portable power station, the Jackery Solar Generator 1000 Pro is an exceptionally quiet solar generator (as low as 46dB), has a lifespan of ten years or more, and can be ultimately charged in 1.8 hours. Its dual 100W PD construction ensures that all essential appliances have constant power during off-grid living, camping, RVing, and other outdoor activities.

The rechargeable Explorer 1000 Pro power station has a capacity of 1002Wh, which is sufficient to power 93% of appliances, such as a television, CPAP machine, refrigerator, E-bike, and more. In addition, it features two 100W PD connectors and two USB-C interfaces, ensuring consistent and rapid charging for laptops, iPads, smartphones, and mobile devices. The MPPT technology ensures a 99 per cent efficiency in solar charging. In conclusion, the recharge time for the power station is below 1.8 hours. In addition, solar recharge and wall and vehicle recharging methods are recommended.

Product

Jackery Solar Generator 1000 Pro 

Image

jackery solar generator 1000 pro

Capacity

1002Wh (43.2V/23.2Ah)

Life Cycle

1000 cycles to 80%+ capacity

Battery Cell

NMC battery

Dimension

25.5x26.2x34cm

Recharging Methods

Explorer 1000 Pro + 2*SolarSaga 80W: 9H; AC Adapter: 1.8H; 12V Car Adapter: 12H

Output Ports

2*AC Output: 230V, 1000W (peak 2000W); 2*USB-A: Quick Charge 3.0x2, 18W Max; 2*USB-C: 100W Max, (5V, 9V, 15V, 12V, 20V up to 5A); 1*Carport: 12V⎓10A


Solar Energy Cost FAQs

The frequently asked queries regarding the cost of solar energy in Australia are as follows:

1. What size of the solar system do I need?

Solar energy is an environmentally sustainable and economically feasible approach to electricity generation. Among other applications, the Jackery Solar Generator is the optimal solution for camping, RVing, home backup, and off-grid living.

You will receive your electricity bills every month. Yes, we know it is unpleasant to the eye; this is precisely why you are considering solar energy. However, your bill is the most critical indicator of how much energy you consume. Depending on your energy requirements, you may select a Jackery Solar Generator ranging in capacity from 12 kWh to 240Wh. The formula utilised to determine the operational hours of appliances powered by Jackery Solar Generators is as follows:

Working Hours (H) = [Jackery Solar Generator Capacity (Wh)*0.85] / Appliance's Wattage (W)

A 300W projector can be powered for 5.8 hours using the Jackery Solar Generator 2000 Plus (2042.8Wh) (2042.8*0.85/300). This formula enables ascertaining which appliances require minimal maintenance to continue functioning.
jackery solar generator capacity
2. Can solar systems lower my electricity bills?

It is entirely accurate. This is why how you utilise the energy generated by your solar panels is crucial. By maximising the output of your solar system during the day, you can decrease your nighttime electricity demands.

By operating your dishwashers and washing machines during the day rather than at night, you reduce your grid-connected expenditures and the electricity you consume at night. Further, there is more. Feed-in tariffs are available for solar panels that produce surplus energy that remains unused throughout the day. This is a utility credit that assists in the reduction of your electricity expenses.

To reduce expenses and transition away from grid-dependent energy, contemplate investing in battery storage or a portable solar system designed for emergency power, such as Jackery Solar Generators.

3. Does the solar system need lots of maintenance and care?

This is arguably one of the most pervasive solar system fallacies. They require minimal upkeep and are effortless to care for. It is sufficient to perform a routine cleansing of your system every few months. Eliminate any debris or grime and eliminate any sources of shade.

Additionally, most systems are constructed to last twenty years and require little maintenance. If your system encounters malfunctions or inefficiencies, consult its user manual or installer for assistance. Regarding the portability of the solar system, the Jackery Solar Generator requires minimal upkeep and cleaning.


Final Thoughts

Solar has been one of Australia's fastest-growing sectors during the last 15 years. During this time, the cost of solar panels and typical solar systems has dropped considerably. This is primarily owing to technological advancements. The cost of solar energy in Australia is affected by various factors, including the size of the solar system, your location, installation, the quality of the solar panels, additional components, and more. Compared to the higher expenses of rooftop solar systems, consider investing in a portable solar system, such as the Jackery Solar Generator, to power home appliances. 

Best-selling Jackery Solar Generator

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Jackery Solar Generator 2000 Plus
$4,199.00$3,359.00
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Jackery Solar Generator 1000 Pro
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