{"id":68154,"date":"2022-11-28T05:42:56","date_gmt":"2022-11-27T19:12:56","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=68154"},"modified":"2022-11-28T05:42:56","modified_gmt":"2022-11-27T19:12:56","slug":"solar-prices-nov22-mb2729","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/solar-prices-nov22-mb2729\/","title":{"rendered":"Australian Solar Prices: November 2022 Update"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-68155\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/price-index-november.jpg\" alt=\"SolarQuotes Australian Solar Price Report\u00a0 - November 2022\" width=\"1200\" height=\"628\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/price-index-november.jpg 1200w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/price-index-november-300x157.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/price-index-november-1024x536.jpg 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/price-index-november-768x402.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Did the cost of fully installed home solar power systems in Australia go up or drop in October 2022? Find out in SolarQuotes&#8217; latest solar price report.<!--more--><\/p>\n<p>Based on pricing information included in 366 <a href=\"https:\/\/www.solarquotes.com.au\/installers\/reviews\/\">solar installer review<\/a> submissions as at November 26 covering system purchases made in October, two states edged in under a dollar a watt for fully installed systems last month &#8211; Victoria and Western Australia. The following figures take into account full installation and any <a href=\"https:\/\/www.solarquotes.com.au\/rebates-subsidies\/\">solar rebates and subsidies<\/a>.<\/p>\n<div style=\"padding-bottom: 20px;\" align=\"center\">\n<table id=\"blogtable\">\n<tbody>\n<tr>\n<td><b>State\u00a0<\/b><\/td>\n<td><b>Cost per watt<br \/>\n(October 2021)<\/b><\/td>\n<td><b>Cost per watt<br \/>\n(September 2022)<\/b><\/td>\n<td><b>Cost per watt<br \/>\n(October 2022)<\/b><\/td>\n<\/tr>\n<tr>\n<td>QLD<\/td>\n<td>$0.88<\/td>\n<td>$1.02<\/td>\n<td>$1.11<\/td>\n<\/tr>\n<tr>\n<td>NSW<\/td>\n<td>$1.02<\/td>\n<td>$1.14<\/td>\n<td>$1.12<\/td>\n<\/tr>\n<tr>\n<td>ACT<\/td>\n<td>$1.09<\/td>\n<td>$1.32<\/td>\n<td>$1.47<\/td>\n<\/tr>\n<tr>\n<td>VIC<\/td>\n<td>$0.89<\/td>\n<td>$1.00<\/td>\n<td>$0.98<\/td>\n<\/tr>\n<tr>\n<td>TAS<\/td>\n<td>$1.09<\/td>\n<td>NA<\/td>\n<td>NA<\/td>\n<\/tr>\n<tr>\n<td>SA<\/td>\n<td>$0.89<\/td>\n<td>$0.98<\/td>\n<td>$1.06<\/td>\n<\/tr>\n<tr>\n<td>WA<\/td>\n<td>$0.78<\/td>\n<td>$1.01<\/td>\n<td>$0.93<\/td>\n<\/tr>\n<tr>\n<td>NT<\/td>\n<td>NA<\/td>\n<td>NA<\/td>\n<td>NA<\/td>\n<\/tr>\n<tr>\n<td>AU<\/td>\n<td>$0.92<\/td>\n<td>$1.06<\/td>\n<td>$1.07<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Of note in October 2022 is after prices in WA had been heading north for four consecutive months, last month saw a significant drop of 8c a watt.<\/p>\n<p>The numbers in the table above may change as new reviews are received. You can see the latest figures and more in-depth detail using SolarQuotes\u2019 <a href=\"https:\/\/www.solarquotes.com.au\/price-explorer\/\">Australian Solar Price Index<\/a> tool. Note the averages cover everything from poor to top quality systems, and the outlier cheap-as-chips (<a href=\"https:\/\/www.solarquotes.com.au\/cheapsystems.html\">best avoided<\/a>) to dear-as-poison players; some of whom also sell crap systems. Pricing is also affected by geographical location, as this can impact on the level of solar rebate available.<\/p>\n<p>For general pricing ranges of good quality systems in Australia, see SQ\u2019s <a href=\"https:\/\/www.solarquotes.com.au\/panels\/cost\/\">solar panel costs page<\/a>.<\/p>\n<h2>Cost Per Watt \u2013 National Averages<\/h2>\n<p>The following graph indicates average fully installed cost-per-watt across all system sizes nationally since November 2020. Pricing still remains well up compared to a year ago, when the average was just 92c a watt.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-68156\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/cost-per-watt-graph-oct22.png\" alt=\"Graph: solar cost per watt: Australia October 2022\" width=\"900\" height=\"600\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/cost-per-watt-graph-oct22.png 900w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/cost-per-watt-graph-oct22-300x200.png 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/cost-per-watt-graph-oct22-768x512.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/p>\n<h2>6.6kW And 10kW Solar System Prices \u2013 October 2022<\/h2>\n<p>Again based on SQ&#8217;s Australian Solar Price Index reporting, average pricing for <a href=\"https:\/\/www.solarquotes.com.au\/systems\/6kw\/\"> 6.6kW solar systems<\/a> dropped a whisker from $6,299 in September to $6,282 fully installed in October.\u00a0This average includes all quality\/pricing types, locations and after subsidies.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-68157\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/system-price-graph-oct22.png\" alt=\"Graph: 6.6kW system cost: Australia October 2022\" width=\"900\" height=\"599\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/system-price-graph-oct22.png 900w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/system-price-graph-oct22-300x200.png 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/system-price-graph-oct22-768x511.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/p>\n<p>In October last year, the average price for 6.6kW systems was just $5,468. The highest since November 2020 was in May this year &#8211; $6,547.<\/p>\n<p>For <a href=\"https:\/\/www.solarquotes.com.au\/systems\/10kw\/\">10 kW solar systems<\/a>, October&#8217;s average pricing nationally was $10,519 &#8211; up nearly $500 on September&#8217;s $10,050. The highest average cost for fully installed 10kW systems since November 2020 occurred in April 2022 &#8211; $10,958.<\/p>\n<h2>What&#8217;s Ahead For Solar Pricing In Australia?<\/h2>\n<p>There are mixed signals. The cost of solar-grade silicon (a crucial material used in <a href=\"https:\/\/www.solarquotes.com.au\/panels\/\">solar panels<\/a>) has reduced a little compared to a high in August\/September not seen since late 2011. A couple of research firms are tipping more significant reductions in the near future, and there&#8217;s a lot more polysilicon production capacity in the pipeline.<\/p>\n<p>Shipping costs are continuing to drop &#8211; down from a crazy-high USD $10,361 per container in September last year to ~$3,100 in October this year (Source: <a href=\"https:\/\/www.statista.com\/statistics\/1250636\/global-container-freight-index\/\">Statista Global Container Freight Index<\/a>).<\/p>\n<p>But Murphy&#8217;s Law applies as much to the solar power industry as anything else, and he&#8217;s certainly been busy these past few years. On a related note, COVID lockdowns are still happening in China. Depending on where\/when\/how they occur, these can affect solar manufacturing.<\/p>\n<p>Something that *will* maintain some elevated pricing pressure is the scheduled <a href=\"https:\/\/www.solarquotes.com.au\/blog\/solar-rebate-2023-mb2665\/\">solar rebate reduction in January<\/a>. That would already be factoring into quotes being issued now, and likely those for the last few weeks. This is due to <a href=\"https:\/\/www.solarquotes.com.au\/panels\/rebate\/\">how Australia&#8217;s solar rebate works<\/a>. In brief, it&#8217;s partly based on installation date rather than system purchase date.<\/p>\n<p>With a recent rush on systems given the looming rebate reduction and news of <a href=\"https:\/\/www.solarquotes.com.au\/blog\/more-electricity-price-hikes\/\">more electricity price rises<\/a> on the horizon, many solar installers would be booked out for what remains of the year and into early next year.<\/p>\n<p>Given the silicon crystal ball is still muddy as to what the future holds, the best time to arrange to <a href=\"https:\/\/www.solarquotes.com.au\/solar101.html\">go solar<\/a> (as always) is right now. And the reason why is straightforward &#8211; the longer a decision to install panels is put off, the longer a household or business will be paying electricity bills much higher than they would otherwise be. With the cost of electricity what it is and where it&#8217;s likely to go over the next year or so, that can add up to a significant chunk of change.<\/p>\n<p>To find out how much you could be saving on your power bills with rooftop panels; try SQ&#8217;s <a href=\"https:\/\/www.solarquotes.com.au\/solar-calculator\/\">solar (and battery) calculator<\/a> &#8211; it&#8217;s really easy to use.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Did the cost of fully installed home solar power systems in Australia go up or drop in October 2022? Find out in SolarQuotes&#8217; latest solar price report.<\/p>\n","protected":false},"author":17,"featured_media":68155,"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-68154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Australian Solar Prices: November 2022 Update<\/title>\n<meta name=\"description\" content=\"Did the cost of fully installed home solar power systems in Australia go up or drop in October 2022? 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