{"id":40677,"date":"2020-06-22T06:02:53","date_gmt":"2020-06-21T19:32:53","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=40677"},"modified":"2020-06-22T06:02:53","modified_gmt":"2020-06-21T19:32:53","slug":"australia-usa-solar-prices-mb1571","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/australia-usa-solar-prices-mb1571\/","title":{"rendered":"Australia The Lucky Country For Home Solar Power"},"content":{"rendered":"

\"Australia<\/p>\n

There’s been some buzz about Tesla slashing the prices of its home solar offerings in the USA. The reduction still makes going solar in Australia look like an absolute bargain.<\/p>\n

Electrek reported last week Tesla has reduced pricing of its solar installations as it attempts to ramp up its energy division.<\/p>\n

“… it looks like the price cuts could be even greater than 20% on a per watt basis,” said<\/a> Electrek’s Fred Lambert.<\/p><\/blockquote>\n

That’s quite a drop. Here’s the new Tesla solar pricing<\/a> and bear in mind these figures are in U.S. dollars.<\/p>\n

\"Tesla<\/p>\n

Let’s take a look at the 4kW system – at USD $7,400 after the federal incentive, that works out to around AUD $10,800 based on current exchange rates . A good quality 4kW solar system costs<\/a> somewhere in the $4,000 \u2013 $6,000 range in Australia currently after the national subsidy; depending on the components used. For what the U.S. 4kW system costs, you could buy a fully installed 10kW system<\/a> here.<\/p>\n

The 8kW Tesla system comes in at around AUD $17,250 – in Australia, the price range for 8kW systems is approximately $7,500 \u2013 $11,000.<\/p>\n

Aside from system costs, Australia also has a couple of other important advantages over the U.S. residential PV scene that makes home solar<\/a> here an even better deal.<\/p>\n

Australia Vs. U.S Electricity Prices<\/h2>\n

As in Australia, electricity pricing in the USA varies state to state; but currently the national average is USD 13c per kilowatt; which works out to approximately AUD 19c. Electricity ranges from around 23c – 36c per kilowatt hour over here, depending on the state.<\/p>\n

Cheaper solar and more expensive electricity in Australia also means rapid system payback. For example, a 6.6kW solar system<\/a> installed in Adelaide has a simple payback of around just 3 years, 4 months. You can check out the estimated payback for different sized PV systems where you live using SQ’s solar calculator<\/a>.<\/p>\n

Simpler Incentives<\/h2>\n

Another major difference between the USA and Australia for home solar power is the way incentives work.<\/p>\n

In Australia, the national solar subsidy is a big discount off the up-front cost of installing a system – you can learn more about Australia’s “solar rebate” here<\/a>.<\/p>\n

In the USA, the incentive is the federal solar tax credit, also known as the investment tax credit (ITC). It’s also generous, reducing the cost by 26%. However, PV buyers have to claim the solar tax credit when they file their yearly income tax return – meaning they need cash for the full system price up front to buy the system. With systems being significantly more expensive, this creates an additional roadblock for households.<\/p>\n

The residential solar energy situation may not be perfect in Australia, but we’re still very much the lucky country compared to the USA.<\/p>\n","protected":false},"excerpt":{"rendered":"

There’s been some buzz about Tesla slashing the prices of its home solar offerings in the USA. The reduction still makes going solar in Australia look like an absolute bargain.<\/p>\n","protected":false},"author":17,"featured_media":40678,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-40677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nAustralia The Lucky Country For Home Solar Power - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Tesla may have slashed prices on its home solar offerings in the USA, but it still makes going solar in Australia look like an absolute bargain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/australia-usa-solar-prices-mb1571\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia The Lucky Country For Home Solar Power\" \/>\n<meta property=\"og:description\" content=\"Tesla may have slashed prices on its home solar offerings in the USA, but it still makes going solar in Australia look like an absolute bargain.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/australia-usa-solar-prices-mb1571\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-21T19:32:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/06\/australia-usa-solar-prices.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-usa-solar-prices-mb1571\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-usa-solar-prices-mb1571\\\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Australia The Lucky Country For Home Solar Power\",\"datePublished\":\"2020-06-21T19:32:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-usa-solar-prices-mb1571\\\/\"},\"wordCount\":468,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-usa-solar-prices-mb1571\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/australia-usa-solar-prices.jpg\",\"articleSection\":[\"General Solar & Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-usa-solar-prices-mb1571\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-usa-solar-prices-mb1571\\\/\",\"url\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/australia-usa-solar-prices-mb1571\\\/\",\"name\":\"Australia The Lucky Country For Home Solar Power - 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That price includes supporting hardware, but\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Tesla Powerwall prices in Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/tesla-powerwall-price.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/tesla-powerwall-price.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/tesla-powerwall-price.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/tesla-powerwall-price.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/04\/tesla-powerwall-price.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":57630,"url":"https:\/\/www.solarquotes.com.au\/blog\/tesla-giga-texas-solar-mb2306\/","url_meta":{"origin":40677,"position":2},"title":"What’s Being Installed On Tesla’s Giga Texas Roof?","author":"Michael Bloch","date":"January 7, 2022","format":false,"excerpt":"Boxes of solar panels, inverters and racking systems started appearing on the Tesla Gigafactory Texas roof recently - find out what's being used. 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