SolarSight

Solar panel cost and savings in Colac, Victoria

Colac sits at 38.34°S, 143.58°E in Victoria, Australia. A typical residential solar system there is sized at 6.6 kW, laid out as 15 panels of 440 W each, mounted at a 38 degree tilt facing the sun's midday path.

Typical system
6.6 kW (15 panels)
Annual production
9,251 kWh
Annual savings
A$849
Payback
7.9 years

Based on PVGIS solar radiation data for Colac's coordinates, that system produces an estimated 9,251 kWh in its first year. At the local electricity price of A$0.32 per kWh (export A$0.05 per kWh, daily supply charge A$1.10), that generation is worth an estimated A$849 a year to a household with typical usage patterns for a 3-person home.

Get a solar estimate for Colac

Incentives in Colac

2 incentives currently apply to a system installed in Colac:

Small-scale Technology Certificates (STCs)
A$1,560 upfront
National scheme · Eligibility: Systems up to 100 kW. · Last verified 2026-08-02 · Official source
Federal battery rebate estimate (battery only)
A$3,150 upfront
National scheme · Eligibility: Requires a battery installed alongside solar. · Last verified 2026-08-02 · Official source

Cost and payback

Before incentives, a typical system in Colac costs an estimated A$5,940 to A$9,900 installed. After the incentives above, the estimated net cost is A$4,380 to A$8,340, and the system pays back in about 7.9 years at today's local electricity price.

These figures assume a typical 3-person household with no pool, electric vehicle or electric heating, and installation in 2026. Incentive values are provisional estimates, last verified on the date shown against each scheme, and can change. Electricity prices and incentive amounts shown here are set at the country level except where an incentive's value is itself calculated from Colac's local solar zone, as noted above; only the production and payback figures are calculated specifically for Colac's coordinates.

Frequently asked questions

How much solar power can a typical home in Colac generate?

A typical 6.6 kW system (15 panels) in Colac produces an estimated 9,251 kWh a year, based on PVGIS solar radiation data for its coordinates.

What does solar cost in Colac after incentives?

Before incentives, a typical system costs A$5,940 to A$9,900 installed. After the incentives listed on this page, the estimated net cost is A$4,380 to A$8,340.

How long does solar take to pay back in Colac?

At local electricity prices, a typical system in Colac pays back in about 7.9 years, with estimated annual savings of A$849.

What solar incentives apply in Colac?

Small-scale Technology Certificates (STCs), Federal battery rebate estimate. Each is detailed above with its estimated value, eligibility and whether it is a national or local scheme.

Nearby locations

All solar pages in Victoria · All solar pages in Australia