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Australian rooftop solar installs hit 93MW in May, highest since 2012

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Australian households and businesses are installing rooftop solar PV at a rate not seen since 2012, according to the latest data from industry analysts SunWiz.

In its latest monthly report, SunWiz said that a total of 5.7GW or rooftop PV had been installed on 1.7 million households and businesses at the end of May, capping off a record first five months of installs in any year in the country’s history.

 

SunWizPVThis second coming of Australia’s rooftop solar boom coincides with a period of broader energy market turmoil, in which retail electricity prices are being driven to record highs by soaring wholesale market prices, driven by a dysfunctional market.

The latest manifestation of this turmoil was a nearly 20 per cent hike in ACT retail electricity prices, announced by the Territory’s pricing regulator earlier this week.  

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  • George Darroch

    This is going to be a very significant year for PV capacity, both household and utility-scale.

    • MrMauricio

      and a massive impetus to battery storage installation- dysfunctional market-played by monopolies and oligarchies.Privatisation at its finest!!

  • Rod

    The Gentailer’s death spiral is accelerating.

  • RobS

    Subsidies have never been lower, installs have never been higher. How are conservatives going to spin this one….