How Much Does Solar Power Cost in Sydney?
Trying to work out how much to pay for a solar power system in Sydney is a minefield.
Many solar systems you see advertised online and in the Sunday papers are too cheap – they use cheap Chinese panels and inverters and often don’t include full warranty support, while other quotes can be overpriced. Unfortunately, many solar installers believe that confusion = profit, and so finding the right price for a good quality solar system can be tricky.
The first thing most people do when they become interested in solar power is to find out how much solar power costs. Here are some typical ads you will see in your search results:
If you are new to solar power, your very first online search could have you believing a good quality 5kW solar system costs around $4000. The ads use words like ‘premium’ and ‘tier 1’. It all sounds great… except it’s not. It’s far too cheap for a good quality solar system.
Cheap Solar Power is Dead
If you were to get 3 quotes from reputable solar installers in Sydney, you would find that our prices are all within a few hundred dollars of each other. Yes, there can be slight differences, but for the most part, the quotes will be around the same price. To put it simply, you won’t find a $6,000 system ‘on sale’ for $4000, even if you’re happy for the installer to cut a few corners.
It is now possible to get a top quality solar system in Sydney to pay for itself in 3 to 5 years!
Good quality solar panels have become so cheap, it no longer makes sense to consider the bottom end of the solar market. You can have the best solar panels from the world’s leading manufacturers, online monitoring, a professional installation, full technical support, and still get a return on your money in 3-5 years. Cheap solar is dead.
The Right Price – Solar Power System Prices in Sydney
We approach things a little differently here at Solaray to help you cut through the confusion. We believe you should have all the information you need to make an informed decision, including pricing.
And so here it is:
For a good quality 5kW solar system, the average solar price in Sydney starts at $5,500, fully installed. This 18-panel system will output around 20kWh a day, and can save you up to $500 every quarterly power bill.
|System Size||Solar Panels||Cheap Solar||Good Quality||Panel Level Output|
|3kW||11 x 275W Panels||Less than $4,000||From $4,000||From $5,000|
|5kW||18 x 275W Panels||Less than $5,500||From $5,500||From $7,000|
|7kW||26 x 275W Panels||Less than $6,500||From $6,500||From $9,500|
|10kW||36 x 275W Panels||Less than $9,000||From $9,000||From $13,000|
|15kW||55 x 275W Panels||Less than $13,000||From $13,000||From $18,500|
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Benefit of a Solar Power System in Sydney
A 5kW system in Sydney, with 18 x 275W panels facing north with no shade will output approximately 20 kWh a day (averaged out across the year).
If you pay a flat rate for your power, the average cost of electricity in Sydney is approximately 26 cents a kWh.
If you are on time of use billing then solar power will save you on average around 30 cents a kWh. It can actually save you more than this if you have some panels facing west of north that are generating power during the peak billing period of 2 pm to 8 pm.
Assuming you are on time of use billing, a 5kW can save you up to about $2025 every year. Critically, as mentioned above, the benefit of solar power is to use the solar power in the home as it is being generated.
With prices now under $6,000 for a good quality 5kW system using a European Made inverter and panels from one of the top handful of manufacturers such as Trina Solar, we are able to install a system that can pay for itself in under 3 years!
Because Solar Prices in Sydney have dropped over the last few years, the average sized solar system for a home is now over 5kW. For houses that have three phase power, you can install a 5kW system or above. More information on this is available here: Three Phase Solar Systems in Sydney.
Get Your Personalised Solar Power Quote
Find out just how cheap solar power can be, with real savings from your power bill available from the day the system is switched on!
Our solar & storage experts can help you size a system, select the right panels for your needs and confirm the installation details with you over the phone.