Sydney is a bustling city with a growing population and increasing energy demands. With electricity prices on the rise, many homeowners are turning to solar energy as a cost-effective and eco-friendly alternative. But, one question on everyone’s mind is: “How much do solar panels cost in Sydney?”
To answer this question, we must take into account several factors, including the size of the solar panel system, the type of panels used, and the location of the installation. In this article, we will provide an overview of the solar panel cost and what you can expect to pay for a system that meets your specific energy needs.
In Sydney, the home solar panel system of 6.6kW and a high-quality installation will cost between $4,000.00 up to $8,000.00.
Here is the approximate cost of a solar system installation with Tier 1 solar panels.
| System size | Number of panels | Cost Range |
| 1.5kW | 4 | $2,500 – $4,000 |
| 2kW | 5 | $3,000 – $4,500 |
| 3kW | 7 | $3,500 – $5,000 |
| 4kW | 10 | $4,000 – $6,000 |
| 5kW | 12 | $4,500 – $8,000 |
| 6.6kW | 16 | $5,500 – $9,000 |
| 7kW | 17 | $6,500 – $10,000 |
| 8kW | 19 | $7,500 – $11,000 |
| 10kW | 24 | $8,000 – $13,000 |
You are not the only one. There are several Australians who are trying to figure out the price of solar panels and their installation costs for their residential properties. As the prices of electricity in Australia are skyrocketing, many are thinking about getting the best solar panels in Sydney installed on their premises.
Price in Australia is significantly dropped, a decade ago it will cost around $10,000 for 1kW, but now you’ll get a large system with more capacity for the same price.
Also, the price you pay for a solar PV system in 2023 is heavily subsidized by the Australian government-run solar rebate scheme.
The value of rebate fluctuation on the basis of STCs.
How Do Solar Panels Work?
Solar panels are made out of photovoltaic cells that convert the sun’s energy or light into electricity.
Layers of semiconducting material such as silicon are used to sandwich the photovoltaic cells. Each layer has different electronic properties which are energies by photons from sunlight, which create an electric field. This is called the photovoltaic effect.
At Isolux, we have installed solar systems of different sizes and we design them as the individual needs. A solar PV system can be customized and one size does not fit all.
We believe in a good and high-quality Solar PV system, so we’ll help you to choose the right for your system.
How Much Do The Solar Panels Cost in Sydney, NSW?
Depending on the size of the system. It costs between $2,950 to $8,000 for a standard solar power system in New South Wales.
Most solar companies in Australia include the solar panel installation cost along with the price.
For example, if company ‘X’ is advertising the cost of a 6.6 kW solar system as $4,000, then the price includes the installation.
If a company asks for separate installation charges, it is most likely to be an unreliable company.
To claim the government rebate, your rooftop solar panel installation needs to be done by a certified solar installer in Sydney.
How Much Do Solar Panels Cost On Average?
For a top-quality 6.6 kW solar system, the average solar panels cost in NSW starts from $4,000 to $8000 including the installation.
This is the price for the most common size of solar panels (6.6kWh) after the application of the government rebate.
The average cost of the solar system by size would vary from one state in Australia to another.
Why Does the Cost of Solar Panels Differ in Australia?
Consider the following example:
A 9.9 kW solar system would cost between $4,450 and $5,550 in Sydney.
Do you know what causes this difference?
The rebate each state pays per kWh of electricity produced by the solar system is different.
The number of solar panels required to generate the same amount of electricity also differs from one state to another.
How Much Does One Solar Panel Cost in Australia?
The cost of a single solar panel in Australia can range from around AUD $200 to AUD $600, depending on the brand, type, size, capacity, and quality of the solar panel. However, it’s important to note that solar panels are typically installed as part of a larger system, so the total cost would include additional components such as inverters, mounting equipment, and installation fees.
Home Solar Panels: For residential solar panels in Australia, you can expect to pay anywhere from AUD $200 to AUD $400 per panel. These are typically 250 to 400-watt panels.
Commercial: Larger, higher-capacity panels used for commercial or industrial purposes can cost more, ranging from AUD $300 to AUD $600 or more per panel.
Premium or High-Efficiency Panels: Premium or high-efficiency solar panels from well-known brands often come at a higher price point, ranging from AUD $400 to AUD $800 or more per panel.
Please note that these prices are approximate and may have changed in real-time. The best way to get accurate pricing for solar panels in Australia is to contact local solar panel installation companies in Australia and request quotes based on your specific requirements.
Additionally, Government rebates and incentives are available to help reduce the cost of solar panel system installation. Prices can also vary depending on your location within Australia.
How Many Solar Panels are Needed to Power the Entire House?
The number of solar panels needed to power a complete house in Australia depends on the size of the home and the amount of power that is going to be consumed.
Read Related Blog: How Many Solar Panels Do I Need To Power My House
Factors Influence the Cost of Solar Panels in Sydney
1. Location of your property
2. Amount of energy needed
3. Size of the solar panel system
4. Place where the solar system will be mounted
5. Nature of the solar panels used
Here are the various factors that directly influence solar panel costs in Sydney.
Types of Solar Panels
There are two main types of solar panels available on the market: Monocrystalline and Polycrystalline. Monocrystalline panels are made from a single crystal structure, making them more efficient and therefore more expensive. Polycrystalline panels, on the other hand, are made from multiple crystal structures, making them less efficient but more affordable.
In Sydney, the average cost of monocrystalline panels is around $2.00 per watt, while polycrystalline panels are priced at around $1.50 per watt.
Location of Solar Panel Installation
The location of your solar panel installation will also affect the final cost. Installations in Sydney’s outer suburbs may cost less than installations in the city centre, due to differences in labour and transportation costs.
Benefits of Solar Energy
Aside from the cost savings, there are several other benefits to using solar energy in Sydney. Solar panels are an eco-friendly source of energy, reducing your carbon footprint and helping to preserve the environment for future generations. They also increase the value of your home, making your property more attractive to potential buyers. Finally, solar panels are a reliable source of energy, providing you with a steady supply of electricity even during power outages.
How to Choose the Right Solar Panel?
Here is what sized solar system you need. It will help you find accurate solar panel costs in NSW:
6.6 kW Solar System
1. Ideal for a small family
2. Output generated: 9,500 – 10,500 kWh/year
3. Best suited for bills: $250 – $400
9.9 kW Solar System
1. Ideal for a medium family
2. Output generated: 14,900 – 15,330 kWh/year
3. Best suited for bills: $450 – $600
13.2 kW Solar System
1. Ideal for a large family
2. Output generated: 18,900 – 19,300 kWh/year
3. Best suited for bills: $600+
Conclusion
In conclusion, the cost of solar panels in Sydney ranges from $2,500 to $13,000, with the average cost being around $6,000. This cost includes the cost of panels, inverters, installation, and any necessary permits or inspections. The size of your system, the type of panels used, and the location of your installation will all affect the final cost. But, the benefits of using solar energy in Sydney, including cost savings, eco-friendliness, increased home value, and reliability, make it a smart investment for any homeowner.
In summary, investing in solar energy in Sydney is a smart decision that will provide you with cost savings, eco-friendliness, increased home value, and a reliable source of electricity.
Isolux Solar is one of the most popular and CEC-accredited solar installers. We will help you choose the right solar panels with battery and inverter. To initiate the conversation with Isolux, call now at 1300 552 452.
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