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Solar System Pricing Packages

Here you will find information on different sized solar systems and quality to best suit your needs.

There are a lot of different options when we are talking about pricing and solar systems. If you are just getting started and looking into solar it can be very complicated to find the information that you require.

There is also no one size fits all! People will suggest to you that this is the system that you require, but they won’t ask you the questions to confirm whether it is the system that is going to serve your purpose.

We do things differently at Velocity Solar.

We know that at the end of the day there is no one-size-fits-all. We understand that customers have different requirements and different reasons for installing solar.

It may be that our customers reasons for installing solar are:

  • To reduce bills over long-term heading into retirement
  • To reduce the last outrageous electricity bill
  • Wanting to control bills into the future
  • Environmental benefits and doing their part for the environment

All these factors are going to change the system that you are going to look for and help us to design right system for you and your home.

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Before reading further, please note that prices stated are purely a guide to give a realistic ballpark on where most solar systems sit in Victoria. The pricing guide is not a quote. It is purely to assist customers in getting a better understanding on the difference between entry level, good quality and top of the range solar systems.

As a guide you can break solar down into 3 separate categories

1. Entry Level

What should you expect from this system?

When we talk about entry and mid-level, we are talking about everything from the ads that you see on TV, and the super specials where ‘you can get a 6 kilowatt system for $5,000….you’ll get bonus this and bonus that’, and all the gimmicks that come with it.

Not to be misunderstood, there is a place for this sort of system in the market and there are people that are energy conscious and can’t afford to go above their budget. They want to do the right thing by the environment. We only advise that it is definitely worth doing your due diligence to make sure that you get the right system and to make sure that there’s a minimum expectation that your panels and your inverters and all of the major components will actually last a reasonable amount of time.

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There is a big
difference between a
performance warranty and
a manufacturing warranty.

From here you go to mid-level systems. Mid-level is an acceptable entry point into the market.

All inverters and all panels must meet Australian standards to be allowed into the market. This is a great starting point, and this has allowed the industry to have a little bit more assurance for customers that they are not going to get systems that do not work and that do not meet requirements.

Unfortunately, the regulations and industry standards that have been put into place are there only to prevent equipment going into the system that fail to meet requirements. However, the regulations do not specify anything in regard to quality.

Customers may not know if the inverter they pay for is going to be a good quality and last the expected length of time that is required to make sure that an investment serves its purpose.

If you are on a limited budget or looking to put a system on an investment property

We recommend this is where you might start for peace of mind that will get a reasonably good return on your investment. As previously mentioned, we strongly recommend that you take your due diligence when looking at entry to mid-level systems to make sure that the company that you’re using is reputable and most likely going to be around to honour warranties.

Entry Level
3kw solar system

starting at $3,000 – $5,000

Entry level
6kw solar system

starting at $4,000 – $6,000

2. Good Quality Systems

This is where we start in the market.

We understand that we cannot be a one-size-fits-all for all clients and we have a minimum expectation that a good quality system should come with a 10-year warranty minimum on the panels, on the inverter and on the railing system.

This should be in conjunction with all installs offering a five to ten-year minimum workmanship warranty.

This is where most panels sit in the market. These panels are of good quality and there is a fine line between good Chinese made inverters and panels, and average Chinese made panels and inverters.

We do not sell just any system, and we will not sell any systems without all the major components having a 10-year warranty.

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Most reputable companies will have a proven track history in the market and have proven themselves over a realistic amount of time.

If you look on to the internet and you can find plenty of information about a product that you are searching for, then there is a good chance that you are looking at a reputable company.

When you cannot find the information regarding the specific product, spec sheets, or a company supplying the panel will not give you the information regarding the panel that you’re getting installed, then you might actually be looking at an entry level system.

When looking for a good quality system

It is important to make sure that you are using reputable brands and make sure that the warranties are a good quality. We would expect the majority of solar systems installed across the country to fit into this category. If you are looking for a nice balance of quality vs cost efficiency / value for money, this is a system that would most likely serve the purpose of the majority of the population.

Good Quality Level
3kw solar system

starting at $4,000 – $6,000

Good Quality Level
6kw solar system

starting at $6,500 – $8,500

3. Premium Range Solar Systems

Top of the range solar systems are from companies that have set the bench mark in the industry.

These companies have taken the time and effort to build up research within the industry and are also industry leaders with what they accomplish.

When considering panels, we highly recommend LG, Hyundai and REC. These three companies have panels that come with a 25-year manufacturing warranty.

Frionius, Enphase,
Solar Edge, LG and REC
are setting the standards
in the Australian Market.

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When considering inverters, we talk about SolarEdge systems, which are optimised systems and the best on the market and have been for years.

We talk about Enphase micro inverters with optimisation of every individual panel using an AC micro inverter. We talk about your industry stalwarts, and your Fronius inverter.

These German and Austrian companies have been in the Australian market for over 10 years now and are the leading manufacturers and suppliers to the Australian market. They have set the standard well above other inverter manufacturers and they have a proven track history well in front of most in the market.

We expect a 25-year manufacturing warranty on the panels as standard in the top of the range category.

The inverters come with a minimum 10-year warranty. The amount of research and design funding that these companies put into their programs is well above most in the market, and the efficiencies of these panels and inverters are leading the industry.

You are paying a little bit more for these systems and should be getting the peace of mind that backs up these companies.

A lot of these also offer extra functionality and ability to have added features, which others do not have the capacity to do.  There is always going to be discussions on whether this inverter is or is not what we would call best quality or top of the range by industry expectations, and knowledge over the years always leads back to the same products.

Premium Quality
3kw solar system

starting at $5,500 – $7,500

Premium Quality
6kw solar system

starting at $8,000 – $12,000

Hybrid Inverters and Battery Backup Systems

A lot of people ask if the inverters being installed are hybrid inverters and battery compatible.

To answer this, we advise that nearly all systems can have batteries added to them in the future by using AC coupled retrofit solutions.

Such inverters include the Tesla and the new Energizer battery. This is a system that does not mind whether the power is coming from a solar PV on your roof or whether it’s coming from a wind generator, or hydroelectricity.

If you are looking at a specific hybrid inverter with a battery management system and the capacity to add a battery tomorrow with no extra requirements, then you are going to be looking at a cost of approximately $1,500 to $2,000.

Once again this is depending on the quality of the system. Because of this, we don’t necessarily recommend to our customer to spend this additional cost unless they are 100% certain that moving forward they will be installing batteries

When we talk about batteries unfortunately it is too much of an open-ended industry to be able to get pricing guides.

You can find batteries and battery systems that will serve the same purpose for customers ranging between $5,000 and $20,000. So, if you are looking for a battery solution then you really do need to speak to a solar specialist to get the information and a good guide on what batteries are out there in the market to serve your purpose.

If we had to set a ballpark guide for an average 10 kilowatt hour battery which would serve its purpose for the majority of the population, we would be in using a pricing of between $10,000 and $12,000.

Pricing and Rebates

All pricing mentioned and discussed is purely a guide and based on pricing as of July 2021.

All pricing is also the out of pocket cost and does not take into consideration Victorian rebates. The Federal government also offers rebates Australia wide called Small Technology Certificates (STCs) for installing a renewable energy source on your roof.

For more information visit our Government Rebates & Feed-in Tarrifs page.

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Get in contact with us today so we can book a time to do your free in-house consultation.

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