How Much Does a 5kW Solar System Cost in Melbourne?

Solar energy is the need of the hour and one of the inexpensive sources of generating electricity for everyday use. The price of installing a solar system depends on the size and capacity you want to install. Some 5kW residential solar systems can be installed for less than $4,000, but the premium ones are more expensive.

Before buying a solar energy system, consider the following:

The price difference between several solar panels from reputed brands will be marginally same. It’s better to look out for one that offers after installation support.

By getting installation quotes from all the local solar companies in your area, you can typically find out what all they offer in a specific price range, including warranty details.

With the introduction of grants and other advancements in the solar energy technology, you can get a top name brand solar fitted by experienced installers for around $5,000.

Though the demand for solar panels has increased over the years, their price has dropped significantly because of rise in solar equipment manufacturing to meet the demand.

How much does a 5kW solar energy system cost?

The energy consumption of a typical household is around 20 kWh per day and the most ideal solar energy system to fulfil that need is a 5kW system.

A 5kW residential solar energy system from a reputed brand name costs about $5000 in installation. You can expect to spend around $9,000 for modern and high-efficiency solar panels in Melbourne. Your quarterly electricity expenses could be reduced by about $500 using sun-powered source of renewable electricity.

What’s the output of a 5kW solar energy system?

As per the guidelines outlined by The Clean Energy Council (CEC), the output of a 5kW solar energy system is 20kWh per day depending on the weather conditions. The output will be comparatively higher on hot and sunny days. When the weather is overcast or cloudy, the output will be low.

One important thing to consider when installing a 5kW solar system is how much electricity you consume during the day. As a general rule, you can maximise the efficiency of a 5kW solar energy system for your home if you regularly pay $600–$1,000 quarterly electric bill.

If you are planning to install high efficiency solar panels at a competitive price, opt for 5kW solar system installation in Melbourne. At Online Air and Solar, we specialise in installing solar panels of all sizes and capacities.