How much do solar panels cost?


How much do solar panels cost?

You’ve probably heard that solar is a lot cheaper than it used to be.

That would be an understatement.

In fact, when Solar Market started in 2010, a baby-sized 1.5kW solar system would have cost you close to $10,000.

Since that time, the cost to install has plummeted as huge gains were made in the manufacturing process along with a wave of manufacturers flooding into the market from China, pushing prices down.

If you’re wondering how dramatic these price drops were, take a look at the graph below.

It plots the price of one million thermal units of various fossil fuels against solar.

solar panel price chart

For those looking for a simple ballpark figure on prices.

If you’re very price conscious, then there are entry level 1.5kW systems on the market for as little as $2,000. For a 4kW system, which would suit a medium to large family’s needs, then you’re looking at around $5,000 – $7,000.

For those who want the longer answer though.

It’s important to know first that solar isn’t a one size fits all proposition.

While the system size and brand of panel you choose will obviously have a huge influence on the price you pay, there are also a number of other factors which can make a huge difference on your final figure.

In fact, the installation cost can vary thousands of dollars based on a number of factors, not limited to:

  • Framing and other system components required
  • Accessibility of roof
  • Whether the roof is tiled or metal
  • And, too many more to list

This is the reason why Solar Market started our quote service, to help those interested in getting solar find Clean Energy Council accredited installers in their area and arrange quotes. So far, we’ve had over 100,000 people use our service.

Never trust the first quote

Now we’ve mentioned that a lot of different factors can influence the cost of installing. Another factor that you need to be aware of is who you talk to.

Different installers charge different prices, even for the same product.

Installers all buy their products from different places, have different margins and offer varying levels of service. The price you are quoted, even for the exact same product, can vary by hundreds of dollars depending on who you talk to.

You might be wondering why we offer 3 quotes from 3 different installers.

This is to give shoppers the chance to compare different products, get a 2nd and 3rd opinion and gain some bargaining power in the negotiation process.

Our system works by locating the installers who service your local area and then arranging for them to quote you. Just enter your details in the form below along with a few details about your situation and our system will do the rest. Try it out now for free!


Take our Solar Quiz Compare Energy Providers and Save

Download Your FREE Beginner’s Guide To Solar Power!

Beginners Guide to Solar Power

If you’re considering solar for your property or just looking to maximise the savings for your solar system, download a FREE copy of our "Beginner’s Guide To Solar Power".

Become an expert and better understand the ins and outs of solar power and solar PV systems for your property.

Includes detailed explanations and diagrams of the various types of solar systems and their parts, solar battery storage systems, Government incentives, expected ROI periods, finance, energy saving tips and more!

Download Your Free Copy Now!

Latest blog & information


Please provide your email address so that we can send your free copy of "Beginner’s Guide To Solar Power".

* By clicking "Send me a copy" I agree to the terms in TQC’s privacy policy.

Thank you

We have emailed your copy of "Beginner’s Guide To Solar Power".

If your guide does not appear in your inbox ensure that you have provided the correct email address or check your junk/spam folder.

This message will close in 10 seconds or

Close and back to page

Understanding Batteries

Off-Grid Systems

For some households a battery system can be of great benefit and minimise a home’s reliance on the grid. However, it’s important to understand for a battery to be useful your solar system needs to be generating excess energy for the battery to store, which you can then use at night or when the sun is not out.

When selecting a battery, you’ll want to invest in a system that is most suited to your home and can drive the best return on investment (ROI). Despite a larger upfront cost, a higher quality battery may significantly increase your ROI.

    Battery systems start from $6,000 and costs can vary greatly based on the following factors:

  1. Cycle Life-Time

    The number of times a battery can fully charge and discharge.

  2. Battery Power (kW)

    How fast it can be charged or discharged.

  3. Storage Capacity (kWh)

    The maximum amount of energy a battery system can store.

  4. Battery Management System (BMS)

    An electronic ‘smart’ system that gathers data and manages the battery ensuring it does not overload or operate outside of its safe functioning zone..

  5. Inverter

    Battery systems require their own inverter if your solar system does not have a hybrid inverter.

  6. 'All-In-One Unit’

    A system which includes the battery, BMS and an inverter all in one unit.

  7. Warranty

    Length of time or cycles the battery system is under guarantee.

  8. Blackout Protection/Backup

    It’s important to note this is not a common feature of a battery system and could cost thousands of dollars to include. Blackout protection not only requires additional components but also a specialised installation and rewiring. For grid-connected homes, the cost for blackout protection can outweigh the benefit.

Additionally, if your purpose for adding battery is to go Off-Grid and become completely independent from the grid you will need to ensure your solar system can generate enough energy to power your home and your battery system is large enough to store this energy. For homes in metro areas going Off-grid is not cost effective and is only recommended for those in remote areas with limited access to the grid. Off-grid solar systems with battery start at approximately $30,000.

Find the solar system that suits you & its price in 2 mins

Take Our Solar Quiz Take Our Solar Quiz!