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What you'll pay for solar panels

Cost of installing solar panels under the new rebate system:

* The cost of an average-sized system (1.5kw) starts from $15,000. With a rebate of up to $7,500, the out-of-pocket expense will be at least $7,500.

* The cost of a small system (1kw) starts from $12,000. With a rebate of about $5,000, the out-of-pocket expense will be at least $7,000.

* The industry hopes costs will come down as more people go solar.

Sources: The Climate Group, the federal government.


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