House Tablet

Find The Best Solar Deals In Australia

  • 3 Free, No Obligation, Solar Quotes
  • From Fully Qualified Installers
  • With 1000’s of Customer Reviews
  • Competing for Your Business
Finn Peacock Caricature

Check Your Postcode for local solar power quotes

Examining Australia's falling solar PV rooftop prices

16th Aug 2013

The drop in the price of solar power systems has been noted internationally.

Lower module prices have led to a huge uptake of the power source, and the prices of installations and necessary components have come down as well.

To determine the largest factors driving this cost decline, the US Department of Energy recently worked with the Lawrence Berkeley National Laboratory, and together the two agencies uncovered an extremely complex environment that ultimately is benefiting solar installations.

Australia was identified as an extremely unique situation. The country has seen one of the largest drops in solar panel prices anywhere in the world, and this, coupled with generous government incentives, led to massive installation rates over the past few years.

Germany is currently the only country to offer solar packages cheaper than Australia, while the cost is about the same in Italy. Interestingly, Germany and Italy also have two of the largest solar networks anywhere in the world.

The report suggested that areas with widespread use of solar, like Germany and its 32 gigawatts of solar PV capacity and Italy with 16 gigawatts, will have the lowest prices because of "soft costs" found in the installation phase.

These costs include labour, parts other than the module, permits, fees and similar expenses.

The Australian anomaly

Although Australia boasts similar installation prices as Germany and Italy, it has nowhere near the solar capacity of these countries, with 2.2 gigawatts online by the end of 2012.

"Those differences in soft costs may, in turn, be partly attributable to differences in the cumulative size of each market, on the theory that larger market size allows for price reductions through learning-by-doing and economies of scale," the report explained.

However, the authors were quick to point out that Australia is a clear indication that the falling prices that have been seen around the world were influenced by more than just market size.

Regardless of why, exactly, solar prices have fallen so low in Australia, it has certainly benefited the country's green campaign. Considering the country receives about 10,000 time the amount of energy it consumes every year - 58 million petajoules of solar radiation - from the sun, it makes sense to harness this power.

As more new projects go online, officials expect Australia's electricity grid to look remarkably different by 2030.

Posted by Mike Peacock

Solar Power News Categories

Government Rebate & Regulations
Solar Power & Technology

More Solar Power & Technology

Australia to be a part of huge Asian renewable energy growth
SunPower steps up to make solar more affordable
Canberra makes strides toward carbon neutrality
GTM puts solar's massive growth in perspective
Examining Australia's falling solar PV rooftop prices
Australia's shift toward renewable energy picks up the pace
Australia shines at solar decathlon
University of Queensland tapped as lead researcher on massive solar project
100 per cent renewable energy is possible in 10 years, environmental group says
Climate Commission releases report on solar progress
Aussie government actually shows spine for solar power
Be gone, skeptics: One million solar installations and counting
Australia embarks on its greatest solar journey ever
Australia looks to solar thermal for commercial success
Solar power helps King Island reach 100% sustainability
Australians 'heavy supporters of solar power'
Mildura solar plant officially unveiled
Solar power trumps other renewables in Australian minds
Sunshine Coast solar farm "fantastic initiative"
Sunshine Coast cashes in on namesake with solar plans
Energy storage 'could maximise solar power utility'
Solar powered family car - a world first?
Code of conduct for solar installers in the works
'Stop punishing households' for solar PV
Australian solar companies 'adjusting well'
Australian mining 'next solar frontier'
"Rooftop revolution" underway across Australia
Global PV market emerging from sluggish period
Royalla solar farm receives final approval
Leadership challenge a "debacle" for Australian solar power
Solar power giving global renewables a helping hand
Australia's largest CPV solar power plant up and running
Renewable energy misinformation "staggering"
CEC: Don't underestimate consumer desire for solar
Setting energy efficient examples on TV
Solar PV brightening up household bills
World's largest solar powered boat on the move
Climate change is heating up
The global solar power shift
New solar tech win for NSW
Industry orgs praise City of Sydney solar efforts
Clean Energy Council supports Regional Renewables scheme
Asian nations emerging as PV leaders
Solar PV demand continues to grow
Regional areas of Australia to receive more renewables
Australia's significant renewable energy growth
Solar panel reprieve for Queensland
New funding for solar research
Find love with sustainable speed dating
New Victorian solar power deal