Western Australia continues to have some of the lowest and most cheap solar panel costs in a home. Located in the Southern Sub Tropics, Bunbury, Western Australia, Australia, is a good place to generate solar power all year round. However, the energy generated by solar panels depends on the season. During summer and spring a solar panel may produce 8.47 kWh/day and 6.45 kWh/day per kilowatt of energy respectively.
Australia’s National Solar Photovoltaic Statistics
Australia is the seventh in the world for cumulative solar PV capacity by installing 19,076 MegaWatt of solar PV. This contributes to producing 10.70% of total energy of Australia and ranked it second globally by consuming this much energy from solar powers. By an estimate, each person produces 742 watts annually in Australia.
How Much Does a Solar Panel Cost?
The solar electric panel cost is measured on the basis of the Solar price Index on a dollar per watt ($/W). Customers and industry participants can better grasp the average amount of solar panel installation cost of residential places in various Australian locations with the use of this pricing measure. When comparing the solar panel cost, it is crucial to consider the price per watt—which is calculated by dividing the entire installation cost by the system’s capacity in watts. By showing the typical initial outlay needed to establish a solar photovoltaic (PV) system, This index can offer insights into solar panel fitting cost and pricing trends and impact the preferences of prospective solar energy buyers.
The average solar panel cost according to some major cities of Australia is mentioned below. All of the following tables show the total retail price of the system to the client, including GST and the upfront incentive offered for small-scale installations under the Renewable Energy Target (sometimes known as the “STC discount”).
|
Cities |
3kW |
4kW | 5kW | 6kW | 7kW |
10kW |
|
Bunbury, WA |
$3,500 |
$3,900 | $5,100 | $5,910 | $6,940 |
$8,330 |
|
Brisbane, QLD |
$3,990 | $4,460 | $4,950 | $5,330 | $6,300 |
$8,350 |
| Sydney, NSW | $3,740 | $4,060 | $4,580 |
$4,990 |
$5,820 |
$7,480 |
| Darwin, NT | $4,750 | $6,780 | $7,600 | $9,320 | $10,060 |
$13,060 |
| Adelaide, SA | $3,810 |
$4,080 |
$4,570 | $4,960 | $5,820 |
$7,770 |
|
Hobart, TAS |
$4,830 | $5,470 | $6,020 | $6,690 | $7,520 | $10,900 |
|
Melbourne, VIC |
$4,100 | $4,520 | $5,010 | $5,520 | $6,370 | $8,470 |
| Canberra, ACT | $3,930 | $4,230 | $4,510 | $4,950 | $6,090 |
$7,500 |
| All | $4,050 | $4,740 | $5,240 | $5,810 | $6,690 |
$8,970 |
Costs of Premium Solar Panels as of March 2025
To accommodate customers on a budget-friendly solar panel cost or those prepared to pay more for superior items, solar installers typically provide tiers of offers. The standard offer rates that customers most frequently choose are cited in the Solar price index.
The premium offers for the cost of fitting solar panels are reflected by the number of variables including material, size and fitting cost. As per the greater cost of the underlying technology, these systems are 20–30% more expensive than the regular offers.
Installation of solar panels in the Bunbury
Here are some fundamental facts regarding bunbury solar energy.
According to data from the Australian Photovoltaic Institute (APVI), about 41% of the homes in the East Bunbury area have solar panels installed on their roofs.
According to the APVI, the typical size of a solar energy system in East Bunbury is roughly 5.15kW, including bigger, commercial systems.
On a typical basis, Bunbury rooftops receive 5.2 hours of “peak sun” every day, on average. Under ideal circumstances, a 1.5kW system in Bunbury will generate roughly 6.24kWh per day, assuming an overall system efficiency of roughly 80%.
- A 3kW solar system will generate around 12.48kWh per day.
- A 5kW solar system will generate around 20.8kWh per day.
- A 10kW solar system will generate around 41.6kWh per day.
Does Australia offer incentives to companies who install solar?
Yes, companies wishing to install solar energy in Australia can take advantage of a number of benefits including low solar panel cost. These consist of:
Renewable Energy Target (RET): The RET offers financial support to companies so they can build and run renewable energy equipment, such as solar panels. Certificates that can be sold or exchanged on the open market to generate extra revenue may be available to businesses.
Tax Breaks: Small business owners may be eligible to claim tax deductions on a number of costs related to establishing a solar power system, such as interest payments on financing agreements taken out expressly for this reason, installation fees, and maintenance costs.
Feed-in Tariffs: In certain jurisdictions, companies who generate and export excess electricity from their solar panel cost system back into the grid during periods of peak demand are compensated with feed-in tariffs.
Solar Credits: Based on the system’s lifetime production of renewable energy, the Solar Credits program offers small company owners and households an upfront discount when they buy a new solar system.
Why is Solar Energy a Wise Decision?
Preferring solar panels is the wise decision in Australia as it offers several benefits for both commercial and residential units. Solar panel cost is affordable in Australia, especially in Bunbury. It reduces electricity bill amount as only the major amount you have to bear is the cost of fitting solar panels. Bills for electricity are lower. Under the reasonable solar panel cost, you can enjoy green and clear energy. Offers self-reliance on energy and decreases your carbon footprint. The most beneficial part of installing solar panels is that it will reduce the use of fossil fuels and imported oils.
