{"id":71642,"date":"2023-02-24T05:01:12","date_gmt":"2023-02-23T18:31:12","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=71642"},"modified":"2023-02-24T05:03:11","modified_gmt":"2023-02-23T18:33:11","slug":"solar-prices-feb23-mb2839","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/solar-prices-feb23-mb2839\/","title":{"rendered":"Australian Solar Prices: February 2023 Update"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-71643\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/price-index-january-2023.jpg\" alt=\"SolarQuotes Australian Solar Price Report - February 2023\" width=\"1200\" height=\"628\" \/><\/p>\n<p>Pricing for fully installed home solar power systems remained above the $1 per watt mark on average in January 2023 in each Australian state.<!--more--><\/p>\n<p>While cost-per-watt installed after all rebates and subsidies remained elevated, Victoria saw a significant drop compared to December 2022 &#8211; from $1.07 to $1.02. The state shares the distinction of the cheapest solar in Australia for the month with Western Australia. Across the border in South Australia, solar prices increased from $1.04 to $1.09.<\/p>\n<p>Here&#8217;s how the states and the ACT are stacking up for January so far.<\/p>\n<div 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(January 2022)<\/b><\/td>\n<td><b>Cost per watt<br \/>\n(December 2022)<\/b><\/td>\n<td><b>Cost per watt<br \/>\n(January 2023)<\/b><\/td>\n<\/tr>\n<tr>\n<td>QLD<\/td>\n<td>$1.03<\/td>\n<td>$1.06<\/td>\n<td>$1.06<\/td>\n<\/tr>\n<tr>\n<td>NSW<\/td>\n<td>$1.09<\/td>\n<td>$1.19<\/td>\n<td>$1.19<\/td>\n<\/tr>\n<tr>\n<td>ACT<\/td>\n<td>$1.33<\/td>\n<td>$1.39<\/td>\n<td>$1.43<\/td>\n<\/tr>\n<tr>\n<td>VIC<\/td>\n<td>$1.08<\/td>\n<td>$1.07<\/td>\n<td>$1.02<\/td>\n<\/tr>\n<tr>\n<td>TAS<\/td>\n<td>$NA<\/td>\n<td>$1.20<\/td>\n<td>$NA<\/td>\n<\/tr>\n<tr>\n<td>SA<\/td>\n<td>$0.95<\/td>\n<td>$1.04<\/td>\n<td>$1.09<\/td>\n<\/tr>\n<tr>\n<td>WA<\/td>\n<td>$0.92<\/td>\n<td>$1.00<\/td>\n<td>$1.02<\/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>$1.04<\/td>\n<td>$1.10<\/td>\n<td>$1.09<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>The table above is based on pricing information included in 232 <a href=\"https:\/\/www.solarquotes.com.au\/installers\/\">solar installer reviews<\/a> submitted to SolarQuotes as at February 23 covering contracts signed in January this year. The number of reviews where costs for systems purchased in January were included are a little light-on so far compared to other months. As new reviews come in, the figures above will likely change.<\/p>\n<h2>Cost Per Watt \u2013 National Historical Averages<\/h2>\n<p>The graph below indicates cost-per-watt pricing across all system sizes nationally since February 2021. Back then, Australians were paying around 93c a watt on average compared to $1.09 in January 2023. It&#8217;s quite a jump, but something else that has jumped significantly in recent times are electricity prices; so uptake of home solar power systems remains pretty healthy.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-71644\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/cost-per-watt-jan23.png\" alt=\"Graph: solar cost per watt: Australia January 2023\" width=\"832\" height=\"564\" \/><\/p>\n<h2>6.6kW And 10kW System Prices \u2013 January 2023<\/h2>\n<p>Average pricing for fully installed <a href=\"https:\/\/www.solarquotes.com.au\/systems\/6kw\/\">6.6kW solar<\/a> reduced from around $6,600 in December to $6,385 in January at this point. Again, the figures are likely to change as more reviews come in.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-71645\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/system-price-graph-jan23.png\" alt=\"Graph: 6.6kW system cost: Australia January 2023\" width=\"834\" height=\"558\" \/><\/p>\n<p>Indications are <a href=\"https:\/\/www.solarquotes.com.au\/systems\/10kw\/\">10kW solar power systems<\/a> crept up in price &#8211; from $11,540 in December 2022 to $11,659 in January 2023.<\/p>\n<p>To keep track of pricing movements as new information comes in, use the SolarQuotes <a href=\"https:\/\/www.solarquotes.com.au\/price-explorer\/\">Australian Solar Price Index<\/a>. Note that the system costs are based on a broad range of quality and installation scenarios. To see general pricing ranges currently for good quality systems, see our <a href=\"https:\/\/www.solarquotes.com.au\/panels\/cost\/\">solar panel costs<\/a> page.<\/p>\n<h2>Power Prices Making Panels Particularly Attractive<\/h2>\n<p>Many Australians have faced increased electricity charges over the last 6 months or so, and they aren&#8217;t over yet.<\/p>\n<p>To help beat ballooning electricity bills, <a href=\"https:\/\/www.solarquotes.com.au\/energy\/\">comparing electricity plans<\/a> is a wise step. So too is going solar. While systems may be pricier than they were a couple of years ago, they still offer fantastic value for money assuming you have a suitable rooftop &#8211; and even more so under current conditions. But, if you&#8217;re going get panels <a href=\"https:\/\/www.solarquotes.com.au\/solar101.html\">it&#8217;s important do it right<\/a> to maximise your returns.<\/p>\n<p>To get an idea of how much you could be saving by installing solar panels &#8211; and estimated payback times in your circumstances &#8211; try the SolarQuotes <a href=\"https:\/\/www.solarquotes.com.au\/solar-calculator\/\">solar (and battery) calculator<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pricing for fully installed home solar power systems remained above the $1 per watt mark on average in January 2023 in each Australian state.<\/p>\n","protected":false},"author":17,"featured_media":71643,"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-71642","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: February 2023 Update<\/title>\n<meta name=\"description\" content=\"Pricing for fully installed home solar power systems remained above the $1 per watt mark on average in January 2023 in each Australian state.\" \/>\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\/solar-prices-feb23-mb2839\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian Solar Prices: February 2023 Update\" \/>\n<meta property=\"og:description\" content=\"Pricing for fully installed home solar power systems remained above the $1 per watt mark on average in January 2023 in each Australian state.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/solar-prices-feb23-mb2839\/\" \/>\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=\"2023-02-23T18:31:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-23T18:33:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/price-index-january-2023.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\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\/solar-prices-feb23-mb2839\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-prices-feb23-mb2839\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Australian Solar Prices: February 2023 Update\",\"datePublished\":\"2023-02-23T18:31:12+00:00\",\"dateModified\":\"2023-02-23T18:33:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-prices-feb23-mb2839\/\"},\"wordCount\":468,\"commentCount\":5,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/solar-prices-feb23-mb2839\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/02\/price-index-january-2023.jpg\",\"articleSection\":[\"General Solar &amp; 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