Photo: A 5kW Solar PV System Installed by Red Giant Solar in Picnic Point, NSW. 2018
Price of a 5kW Solar Panel System
Need help working out how much you should pay for a 5kW Solar system in 2018? That’s exactly what we’re here for. Just like anything else you purchase for your home, going Solar can be quite painful if you believe all the cheesy sales ads you see online.
There are many factors that can swing the price of your Solar PV system from one price bracket to another, such as the brand of Solar inverter, type of Solar PV panels and even electrical components used by the accredited installer contracted to carry out the works on your property.
As you’re probably aware, many online ads boast about how great the solar system they have on offer is, and will almost certainly mention that they use Tier 1 panels, so it’s important you learn how to identify whether they are genuine or not for yourself.
Tier 1 doesn’t mean you are receiving the “best solar panels” that money can buy, as there are tens of various brands of Solar PV Panels that still make the cut, however their pricing and quality can be a lot different.
On the Australian Solar market, it is very common to receive quotes for 5kW systems for as low as $3500 whilst getting other quotes for the same size Solar system for double the price, we always recommend that you shortlist the ones in between. One thing is for certain though, quick “sale” 5kW systems being advertised for $3000-$4000 are definitely not top quality or “premium” as you may read on flyers.
“A 5kW system using real, “top quality” components should cost between $6000-$8000”
Although the Solar industry is very competitive in Sydney and beyond, there is no such thing as a top quality 5kW Solar system at a price that low, there will always be some sort of compromise on components. If not on the Solar panel and Solar inverter brands, then on the electrical components such as cabling and isolators that most customers can easily overlook.
A 5kW Solar system using real, “top quality” components should cost between $6000-$8000, anything dramatically higher or lower, and alarm bells should start to sound, prompting you to question the Solar retailer to outline finer details of the products that you will be receiving.
At Red Giant Solar, we work around the clock to deliver ethical Solar panel solutions for everyday Australian family’s and businesses. Feel free to contact us for your custom quotation today!
