Around 11% of the homes in Newcastle, NSW have a solar power system installed. This is strong evidence that many Newcastle residents continue to find that solar PV systems are well worth the investment – even with low solar feed-in tariff rates for all of the state. One of the reasons that solar power remains so attractive in Newcastle is the fact that system prices have fallen dramatically in recent years. Roughly how much can you expect to pay for a residential solar system in Newcastle, NSW?
How much does a solar system cost in Newcastle? A quick look
The table below provides a snapshot of the solar market in Newcastle as of June 2015. It includes the most popular residential solar energy system sizes in Australia. All prices incorporate GST and the federal government incentives available for small-scale solar systems in Australia. These prices are averages for the Newcastle area only: it’s important to keep in mind that actual prices may be higher or lower depending on the solar installer and the equipment that they offer.
| Average residential solar system prices for Newcastle, NSW (as of June 2015) | ||||||
| 1.5kW | 2kW | 3kW | 4kW | 5kW | 10kW | |
| Out of pocket | $3,500 | $4,000 | $5,200 | $6,600 | $7,700 | $13,800 |
| $/W | $2.33 | $2.00 | $1.73 | $1.65 | $1.54 | $1.38 |
Before making a decision about going solar, it’s important to educate yourself about your full range of options. You can get instant, up-to-date quotes from installers in the Newcastle area by filling out our Solar Quote Comparison request form to the right of this page.
Where do these prices come from?
Solar Choice is a residential rooftop solar comparison service available throughout Australia – including Newcastle. Working with a large network solar installers across the country, our goal is to make it easy for our customers to compare their options and make an informed choice of installer and products. The Newcastle-specific data in the table above comes from our installer network database. We publish similar data monthly in our Solar PV Price Check articles. Although these monthly articles do not list prices for Newcastle, prices from Sydney are included – these are usually a good approximation of Newcastle prices.
Calculate indicative ROI & payback periods a solar system in Newcastle, NSW
Top image via Spectrum Blog
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