Household Solar Installation Reached Highest Number on Record, Report Shows

Published on January 8, 2024

Australians are investing in solar technology in record numbers amid a cost-of-living crisis, data from a new report has shown. According to preliminary figures released on Jan. 8 by Australian solar company Sunwiz, Australia’s solar capacity rose by 14 percent in 2023 compared to 2022, increasing by 3.17 gigawatts. The 2023 annual PV report also showed that investment in solar power broke records during the last three months of 2023, with November and December becoming the busiest months for solar panel installations. SunWiz Managing Director Warwick Johnston noted that households and businesses were estimated to have added about 921 megawatts of solar capacity compared to 3.23 gigawatts in 2021 Mr. Johnston said that the built-up of consumer interest was caused by rising electricity prices and cost-of-living pressures....

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