How Much Do Solar Panels Cost Melbourne

How much does it cost to install a solar battery in your melbourne home or business and will it really save you money.

How much do solar panels cost melbourne.

System prices may be higher or lower depending on the company offering the system and the components used. Solar panels can vary greatly in price due to the quality of the panels and the. If you ve been doing your research on solar you ve probably been getting some mixed messages from the internet about how much it s going to cost you. Solar power has been through three stages.

Solar batteries are the hottest thing on the market at the moment. Victorians should expect to pay between 2 900 and 10 000 for a standard solar system depending on the size of the system. The price of solar panels. After 2011 they started coming down in price and today the price of solar panels has stabilised and is far more affordable than in the past.

Until about 2011 solar panels were expensive and the payback period was longer. The average price across australian capital cities for a 5kw system is 5100 and solar technology is only getting cheaper. Note that the above assumes the use of 300w solar panels so the final solar panel capacity may be a little more or less than the figures mentioned above. The increased affordability of solar panels has seen australia achieve the highest rate of household solar panel installations in the world with more than 21 of households investing in a rooftop solar system as of june 30th 2020.

Some deals advertised online are amazingly cheap but for good reason. Don t buy cheap solar panels in melbourne. The average 5kw solar pv system in melbourne currently costs roughly 1 42 per watt w working out to about 7 200 in total after the federal incentive and gst are taken into account. Microinverter optimiser cost if you want a good quality microinverter or optimiser system installed expect to add around 20 in cost to the above price ranges.

But four 327w sunpower panels would take up the same overall area and form a more powerful 1308w array although the sunpower panels would cost you more. The costs of installing solar panels in melbourne and australia as a whole are among the cheapest in the world and a worthwhile investment. Solar panels have also improved in efficiency and reliability. With the victorian government announcing a 4839 rebate for homes in victoria the price of solar batteries is about to get really exciting.

How much do solar panels cost. Melbourne homes can save hundreds of dollar per year by installing a solar pv system which when combined with the low system prices discussed above translates into payback periods as short as 3 5 years depending on how much of the solar energy your home manages to use directly. How much do solar panels cost in victoria.