Australian Solar Systems Interest Index – March 2018

auSSII solar report - March 2018
February was another busy month here on SolarQuotes, with thousands of Australians requesting pricing and details on home systems – here’s what they were interested in last month. 

Solar Power System Size Preferences

In February, Australians requesting solar quotes were again generally wanting big systems (5kW/6kW) – these made up 43% of all requests (similar to January), while 39% weren’t sure on the best size solar package for their circumstances (up from 38%). Again, a 1.5kW system selection choice was registered in less than 1% of quote requests.

solar PV system capacity - February 2018

Purchase Intent – Plenty Still Keen To Go Solar Soon

15% of Australians using our service were ready to buy solar panels immediately (down from 16% in January) and 28% in the next 4 weeks (down from 29%). All up, 76% were considering a purchase within three months, down from 80% in January. Close to 24% were thinking within 6 months, compared to just over 20% in January.

solar purchase intent timeframe - February 201

More Interest In Top Shelf Systems

A surprise this month was the proportion of Australians wanting a solar power system that was “a good mix of quality and price”. Over the months since we started the auSSII, this has generally been around the 81% mark – in February, it was 79%. It wasn’t the “good budget system” option that saw more favour – that remained at 7%. It was the “top quality (most expensive)” choice that received more attention, at just over 14% – nearly 2 percentage points higher than in January.

price and quality still important - February 2018

Battery Ready – Or Not?

The majority of submitters weren’t specifically after a battery-ready system, with 12% registering this option. That was up on January (11%), but down on what we saw in November and December 2017 (13%).

Interest in battery-ready solar - February 2018

Solar + Battery Storage From The Outset

Batteries may generate a lot of interest, but that’s still not translating to quotes for new concurrent solar and battery storage installation – yet. However, February’s figure of 4.2% of quotes requesting  solar energy storage pricing was  up on January (3.4%) and more in line with December. When selecting solar + storage, a flag is displayed on the screen as part of the quoting process detailing indicative costs and an option for “battery-ready” provided as an alternative.

Wanting to purchase solar + storage - February 2018

Battery Storage System Capacity

Where batteries were selected and a capacity specified, 39% of submitters were wanting a solar energy storage system of 10+ kWh capacity – down on January (42%). Interestingly, there was a significant increase in the number wanting 1-5kWh systems; from 6% in January to nearly 9% in February. Just over 47% of people wanting prices on batteries were unsure what capacity they required.

Battery storage system capacity preference - February 2018

Primary Use For Batteries

On our quoting form is a question about intended battery system use. 5% (4% in Jan.) stated it was for backup, 46% (42% in Jan.) for minimising grid electricity use and 49% for both (54% in Jan.)

battery usage intention - February 2018

Average Australian Electricity Bills

The percentage of Australians reporting electricity bills of $2,000 or more a quarter dropped back from just over 5% to just under that figure. In December 2017, it was just under 4%. Close to 44% reported quarterly bills of $500 – $1,000 and 7% weren’t sure what their bills were.

Electricity Bill Averages - February 2018

About The auSSII Report

The information in this report is based on the thousands of requests for solar quotes we receive each month.

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Reproducing This Report

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About Michael Bloch

Michael caught the solar power bug after purchasing components to cobble together a small off-grid PV system in 2008. He's been reporting on Australian and international solar energy news ever since.

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