How much is a 5kW solar system Melbourne?

The average 5kW solar PV system in Melbourne currently costs roughly $1.42 per watt (W), working out to about $7,200 in total after the federal incentive and GST are taken into account. System prices may be higher or lower, depending on the company offering the system and the components used.

How much does a 5kW solar system cost in Victoria?

Good quality 5kW solar systems in Victoria start from around $5,500 fully installed, and up to $8,500 if you want the best of the best. In Melbourne, an unshaded 5kW solar system facing north should average around 18kWh a day.

How many solar panels do I need for 5kW?

17 solar panels
To make up a 5kW solar system, you need 17 solar panels, assuming you use 300W panels – that will actually give you 5.1kW. Each panel will be about 1.6m x 1m, so you’ll need at least 17.2m² of roof space.

How much power does a 5kW solar system produce in Melbourne?

about 20kWh
For each kW of solar panels, you can expect about four kWh per day of electricity generation. So a 5kW solar system will generate about 20kWh on a good day (which means plenty of sunshine but not too hot).

Is it worth having solar panels in Victoria?

The average electricity cost in Victoria is 23.272c/kWh. So if you’re generating 18kWh of electricity each day, you’d save around $125 per month, or over $1,500 each year with solar. In other words, yes: it’s definitely worth it to install solar panels in your Melbourne home in 2020.

How much is a 5kW solar inverter?

5kW solar inverter costs start at $1,000 for budget, single-phase models (e.g. Sungrow) and up to $2,000 for the premium single-phase models (e.g. Fronius or SMA). 5kW is the most common size and can accept up to 6.6kW of panels.

How much does a solar battery cost in Victoria?

Solar batteries in Victoria Unfortunately, solar batteries don’t come cheap. While you can find smaller modular units for around $2,000, larger batteries can set you back between $8,000 and $12,000. In some cases, the savings generated from a battery could justify the cost in the long run.

How much does a 5kw Solar System cost in Melbourne?

In Melbourne, an unshaded 5kW solar system facing north should average around 18kWh a day. In dollar terms, using 70% of that energy can reduce your quarterly power bill by around $430 or around $1,700 a year.

How many solar panels does a 5kw Solar System need?

A 5kW Solar system is usually paired with 14 to 17 Solar panels (depending on the wattage of the Solar panels offered; you only need 14 of the 370w Solar panels to get 5kW) and a 5kW inverter.

How much does it cost to install a solar panel in Victoria?

You can have the best solar panels from the world’s leading manufacturers, online monitoring, a professional installation, full technical support, and still get a return on your money in 3-5 years. Good quality 5kW solar systems in Victoria start from around $5,500 fully installed, and up to $8,500 if you want the best of the best.

Where to get the best solar panels in Melbourne?

Home Solar Panels Melbourne are offering some of the best solar deals and special solar prices in Melbourne, Victoria such as zero deposit and zero interest. Our latest solar deals can save you a lot of money, saving up to 80% of your energy bills. No More Rising Electric Costs!