{"id":69691,"date":"2023-01-06T05:11:03","date_gmt":"2023-01-05T18:41:03","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=69691"},"modified":"2023-11-24T09:03:18","modified_gmt":"2023-11-23T23:33:18","slug":"aussii-solar-jan23-mb2782","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/aussii-solar-jan23-mb2782\/","title":{"rendered":"January 2023 Australian Solar Systems Interest Index"},"content":{"rendered":"

\"SolarQuotes<\/p>\n

Australians are usually more focused on upcoming celebrations in December, but there was still plenty of interest in installing solar panels during the final month of 2022.<\/p>\n

Solar Power System Sizes<\/h2>\n

Where a choice was made between 3-5 kW, 5-10 kW, 10-15 kW, 15-20 kW, 20+ kW capacities and \u201cFill Roof\u201d options presented on the SolarQuotes quoting form, 5-10kW was the clear favourite again in December, accounting for 77% of selections – the same as in November.<\/p>\n

Around 12% were keen to fill their roof with solar panels, whatever capacity that may work out to be.<\/p>\n

\"Solar<\/p>\n

If you’re tussling with deciding on system capacity, read SQ Founder Finn’s advice on solar power system sizing<\/a>.<\/p>\n

Intended Timeframe To Buy<\/h2>\n

Again in December, 27% of solar buyers were ready to purchase a system immediately. The last couple of months have seen sustained elevated interest in an immediate purchase. Another 27% were wanting to buy a solar power system within 4 weeks; down on November’s 31% and 32% in October.<\/p>\n

\"Timeframe<\/p>\n

The recent increased enthusiasm for getting a system right now is likely the result of a couple of things – power bill increases hitting home and a scheduled solar rebate reduction on the 1st of January. But while the subsidy may not be as much as it was, it’s still very generous. Discover how much you can save with Australia’s solar rebate in 2023<\/a>.<\/p>\n

Price And Quality Considerations<\/h2>\n

End of year expenses didn’t seem to have much effect on the proportion of Australians wanting a high-end (most expensive) solar system; with just over 11% selecting this option in December compared to just under 12% in November. 81% were interested in a PV package offering a good balance of price and quality (81% in November) and around 8% a good budget system.<\/p>\n

\"System<\/p>\n

So how much do systems cost? You can find out current general pricing ranges on SQ’s solar panel costs<\/a> page or see what Australians have been paying historically using the Solar Price Index<\/a>, which enables you to drill down to specific states and territories and a whole lot more.<\/p>\n

Cash Or Finance?<\/h2>\n

Approached carefully (and this includes “Buy Now, Pay Later<\/a>” arrangements), solar finance<\/a> can be a good way to get a system installed if you don’t have the up-front cash available.<\/p>\n

Last month, just under 9% of Australians using the SQ service indicated they wanted finance, same as in November. A little more than 41% were cash-only buyers and 50% wanted to review information on options for both.<\/p>\n

\"Cash<\/p>\n

Module Level Power Electronics<\/h2>\n

Panel Level Optimisation<\/a> (PLO), also referred to as Module Level Power Electronics (MLPE), such as optimisers and microinverters are small electronic devices attached to each solar panel. You can learn more about the benefits of microinverters here<\/a> – but note that they will add to the cost of a system.<\/p>\n

In December, around 17% of prospective solar buyers wanted to learn more about PLO and MLPE options; same as December.<\/p>\n

\"Microinverter<\/p>\n

Advanced Solar Monitoring Option<\/h2>\n

This is an option certainly worth getting if you can – advanced solar monitoring, aka consumption monitoring<\/a>. It will provide much more useful information than what most solar inverters<\/a> will provide.<\/p>\n

Last month, a little more than 34% of quote requests selected this option. This figure has bounced between 34% and 36% for at least the last few months.<\/p>\n

\"Consumption<\/p>\n

Battery Ready Solar<\/h2>\n

Thanks to AC or DC coupling<\/a> options, a home battery<\/a> can be retrofitted to just about any existing solar system, regardless of age. But the complexity (and cost) can vary, so it’s good to let a potential installer know at the design stage you’re thinking about battery storage in the future.<\/p>\n

Just under 5% noted a battery-ready preference in December 2022, same as in November.<\/p>\n

\"Battery<\/p>\n

Solar Panels + Battery Installation<\/h2>\n

Many Australians aren’t thinking about buying a home battery<\/a> in the future; but instead right now. In December, 22% indicated they wanted battery storage as part of their solar energy installation.<\/p>\n

\"Solar<\/p>\n

A solar battery continues to be a big investment, so careful consideration is needed before signing the dotted line\u00a0 \u2013 learn about the top mistakes home battery buyers make<\/a>.<\/p>\n

Intended Main Battery Use<\/h2>\n

The main reason noted for buying a battery were:<\/p>\n