Since May 2014, Solar Choice has been publishing average commercial solar panel prices providing based on live information. The data we use comes from our installer network database, which consists of about over 200 SAA-Accredited commercial solar panel installation companies around the country.
Solar Choice has experience managing tenders across a wide range of commercial solar projects around Australia. The figures in the tables below are based on data from our extensive network of solar installers, many of which specialise solely in commercial-scale solar projects.
Our Residential Solar PV Price Index has been in monthly publication since August 2012.
Commercial Solar Panel Prices – May 2024
All prices in the tables below include incentives available through the federal Renewable Energy Target (i.e. STCs) as well as GST, but do not incorporate meter installation fees or additional costs such as ground-mounting, grid protection or grid connection studies.
Average commercial system prices by city & size (May 2024)
| 10kW | 30kW | 50kW | 70kW | 100kW | |
|---|---|---|---|---|---|
| Adelaide, SA | $9,750 | $30,480 | $53,420 | $75,750 | $93,580 |
| Brisbane, QLD | $10,180 | $28,330 | $47,580 | $68,410 | $87,390 |
| Canberra, ACT | $10,050 | $30,910 | $50,590 | $67,670 | $92,670 |
| Hobart, TAS | $12,540 | $27,490 | $47,100 | $65,330 | $78,100 |
| Melbourne, VIC | $9,890 | $25,870 | $47,150 | $62,620 | $84,100 |
| Sydney, NSW | $10,520 | $26,840 | $48,390 | $63,480 | $83,370 |
| Perth, WA | $11,920 | $30,790 | $59,130 | $72,630 | $96,010 |
| All | $10,690 | $28,670 | $50,480 | $67,980 | $87,890 |
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Table 4: Average commercial solar panel prices per watt (May 2024)
| Average | 10kW | 30kW | 50kW | 70kW | 100kW | |
|---|---|---|---|---|---|---|
| Adelaide, SA | $1.00 | $0.90 | $1.01 | $1.07 | $1.08 | $0.93 |
| Brisbane, QLD | $0.93 | $0.96 | $0.89 | $0.96 | $0.98 | $0.87 |
| Canberra, ACT | $0.97 | $0.94 | $1.03 | $1.01 | $0.96 | $0.93 |
| Hobart, TAS | $0.96 | $1.15 | $0.92 | $0.94 | $0.93 | $0.78 |
| Melbourne, VIC | $0.91 | $0.97 | $0.86 | $0.94 | $0.89 | $0.84 |
| Sydney, NSW | $0.89 | $0.97 | $0.85 | $0.93 | $0.87 | $0.82 |
| Perth, WA | $1.02 | $1.09 | $0.96 | $1.08 | $1.01 | $0.94 |
| Average | $0.99 | $1.00 | $0.93 | $0.99 | $0.96 | $0.87 |
Historic average commercial solar panel prices (August 2012 – May 2024)
Gallery: Historic commercial solar system prices by system size & city
Average commercial solar payback periods by state
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Since 2008 Solar Choice has consulted with over 3,000 businesses around Australia and helped develop over 800MW solar commercial and solar farm projects.
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