How Much Do Solar Systems Cost in QLD?
Reviewed by
Leigh McInerney
The cost of solar power is on the rise in Queensland due to the annual reduction in the solar rebate. With the price of electricity also skyrocketing, the prospect of investing in solar is becoming increasingly attractive.
In Queensland, an average 6.6 kW solar system will cost $6,978 while a 10kw solar system costs $9,571 after any rebates or incentives have been applied.
The cost of a solar system in Queensland will vary depending on the system size and quality of equipment used.
The cost of solar systems in Queensland is mainly dependent on the size of the system. The larger a solar system is, the more expensive it is. This is because larger solar systems produce higher amounts of energy in comparison to smaller solar systems.
Here is the cost of solar systems in Queensland according to solar system size;
| Solar size | Average Cost |
|---|---|
| 3 kW | $4,075 |
| 4 kW | $4,917 |
| 5 kW | $5,719 |
| 6 kW | $6,670 |
| 7 kW | $7,435 |
| 10 kW | $9,571 |
Factors that affect the cost of solar systems in Queensland?
Many factors can affect the cost of solar systems in Queensland as they may reduce or increase the cost of a solar system for different reasons.
The System size
The larger the solar system, the more solar panels and other equipment is required, which can increase the cost. However, the larger the solar system is, the more electricity it produces which, in turn, allows households to save more on energy costs.
The Type of solar panels
There are different types of solar panels, such as monocrystalline, polycrystalline, and thin-film and the cost varies depending on the materials used to manufacture the solar panels. These different materials have different levels of efficiency, durability, and lifespan and the better these qualities are, the costlier the solar panel will be.
The Brand of solar system
The cost of solar panels can vary depending on the brand and its reputation in the market. Popular brands usually have good customer reviews and are generally tested and trusted brands. This allows them to have a higher price point compared to less popular solar system brands.
STC rebate location
Queensland has three different rebate amounts depending on where you live in the state. STC zones 1, 2 and 3 intersect Queensland. Depending on your Postcode and subsequent zone, you could be entitled to a large government rebate.
Installation costs
The cost of installation can vary depending on the complexity of the installation, such as the type of roof, mounting system, and wiring required. Some rooftops cause installers more difficulty when installing solar panels and more complications with wiring and this can increase the cost of a solar system.
Solar Rebate Calculator
What Solar rebates and Incentives are available in QLD?
The cost of solar systems in Queensland may be too high for many households to afford straight out. However, there are several rebates and incentives available in Queensland, Australia, that can help reduce the cost of installing a solar system. These include;
The Small-scale Renewable Energy Scheme (SRES):
The SRES is a federal government scheme that provides a financial incentive for installing solar PV systems of up to 100kW capacity. The incentive is based on the amount of renewable energy generated and is paid as a discount on the upfront cost of the system.
Feed-in tariffs
Feed-in tariffs are payments made to households and businesses that generate excess solar power and export it to the grid. The rate of payment varies depending on the electricity retailer and the location of the installation.
Interest-free Loans
The Queensland Government offers interest-free loans of up to $4,500 to landlords to install solar PV systems in rental properties. The program aims to help reduce energy costs for tenants and increase the installation of solar systems.
Home Energy Emergency Assistance Scheme (HEEAS)
The HEEAS is a Queensland Government initiative that provides financial assistance to eligible low-income households experiencing a crisis or emergency that affects their ability to pay for energy bills, including those related to solar PV systems.
Solar and Battery Rebate
This is a Queensland Government program that provides rebates of up to $3,500 for the installation of solar PV systems and battery storage. The program aims to help households reduce their energy bills and increase the use of renewable energy.
When will the Solar rebates in Queensland End?
There are many solar rebates and incentives available to Queensland residents who qualify to offset some of the cost of purchasing a solar system. However, The current Queensland government solar rebate scheme is expected to end on the 31st of December 2030.
Homeowners that are eligible can apply from now till then to receive a solar rebate that will make the cost of their solar system more affordable. However, it is important to note that the availability and eligibility criteria for these incentives and rebates do vary by program.
Is it worth getting a solar system in Queensland?
Yes, a solar system can be worth it in Queensland. This is because the state has a high solar irradiance level and a favourable climate for solar energy generation. The benefits of installing a solar PV system in Queensland include;
- A solar system will help reduce electricity bills and limit your reliance on the grid by producing an alternate source of electricity.
- Purchasing a solar system is an investment that has a sure return. Larger systems provide an investment faster but all solar systems will provide an investment at the end of the day.
- Solar panels do increase the value of your property as it is a desirable feature for many homebuyers.
- Installing a solar system has various Environmental benefits. This is because Solar energy is a clean and renewable source of energy that does not produce greenhouse gas emissions or air pollution.
- Installing a solar system provides homeowners with Energy security. By generating your own electricity, you can increase your energy security and reduce the risk of blackouts or power outages.