A new market insights report from solar industry analysts Sunwiz has highlighted just how much the cost of installing solar has fallen in Australia over the past four years, hitting a new low this month averaging at $1.67/W.
The series of charts, based on data from Solar Choice and compiled by Sunwiz’s Warwick Johnston, show that residential PV system prices fell considerably, and were lowest in Brisbane and Perth, where a 5kW system installed in December 2015 cost $5,998 and $5,600, respectively.
The report also notes that Australia imports a huge 81 per cent of its solar panels from China, while 6 per cent came from Singapore, 4 per cent from Korea, 3 per cent from Taiwan and 2 per cent from Germany – a higher than usual percentage.
Australia's biggest operating wind farm has set a stunning new record, becoming the first in…
The passive battery is not a new phenomenon. What is new is that its value…
State-owned utility says it is in discussions to invest in non-lithium technologies with up to…
Batteries have been protecting consumers from price spikes in most states over summer. But they…
State Electricity Commission CEO Chris Miller on how the government-owned energy company is filling gaps…
Australia’s electricity prices ignore location, even though the grid doesn’t. This mismatch drives congestion, curtailment,…