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Top 8 Solar Inverters for Maximum Efficiency

Investing in the right solar inverter can enhance the efficiency of your solar power system. With so many options on the market, choosing a model that suits your requirements and offers reliable performance is crucial. Whether you’re looking to maximise energy output, reduce electricity bills, or contribute to a greener environment, our list of the top 8 solar inverters will guide you to the best choices available in Australia.
Fact Checked

Updated: 10 June 2024

Each solar inverter on this list has been carefully selected for its efficiency, durability, and value for money. We’ll delve into the features, benefits, and potential drawbacks of each model, helping you make an informed decision. Embrace the future of energy with confidence, knowing you’ve chosen a top-performing solar inverter to power your home.

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What is a solar power inverter?

When it comes to solar energy, an inverter is one of the most important pieces of equipment. It converts direct current (DC) electricity from a panel generated by solar panels into alternating current, which can be used for things like powering lights or other devices in your house. First, there has got have been some conversion happening. In fact, inverters are just part of this class called power electronics, which regulates flow patterns within circuits involving many different types/brands.

How to choose the best solar inverter

There’s a lot to consider when thinking about what type of inverter is right for your home. You’ll want one with the proper power output and installation, but also take into account things like price range as well.

Best solar inverters

The solar power market is full of options, making it tough to find the right inverter for your system, budget, and energy needs. To help you make an informed choice, we’ve compiled a list of the top solar inverters in Australia for 2024. Our research highlights the efficiency ratings and warranties for each model, ensuring you get the best value and performance for your investment.

Enphase IQ8

Enphase micro-inverters are durable and reliable, designed to optimize the performance of each solar panel individually. This model offers a 97.4% efficiency rating and a 15-year warranty (extendable to 25). Ideal for residential installations, Enphase inverters ensure maximum energy production even in shading conditions.

SolarEdge SE5000H

SolarEdge offers top-tier inverters with an impressive 99.2% efficiency rating, the highest on this list. These inverters are paired with power optimisers, ensuring each panel operates at its maximum potential. With a 12-year warranty (25 years for optimisers), SolarEdge inverters are perfect for those seeking long-term reliability and optimal performance.

Huawei SUN2000-5KTL-L1

Huawei provides affordable yet efficient inverters with hybrid capabilities, allowing them to integrate with battery storage systems. With a 98.4% efficiency rating and a 10-year warranty (extendable to 20), these inverters are ideal for homeowners looking for high efficiency and reliability. They are recognized as top performers by PV Labs.

SMA SB5.0-1AV-41

SMA inverters are compact and efficient, perfect for residential installations. Each unit includes advanced features like the ShadeFix function, which optimizes energy production in partially shaded conditions. With a 97% efficiency rating and a 10-year warranty (5 years full + 5 years on registration), SMA inverters offer excellent performance and durability.

Fronius GEN24 5.0

Fronius is known for its highly efficient inverters that cater to various solar panel systems. The GEN24 5.0 model boasts a 97.6% efficiency rating and comes with a 10-year warranty (5 years full + 5 years parts only). These hybrid inverters are ideal for both residential and commercial applications, providing reliable performance and monitoring capabilities.

Sungrow SG5.0RS

Sungrow inverters offer good value with an efficiency rating of 97.9%. They come with a 10-year warranty and feature a low start-up voltage, making them ideal for various applications. These inverters are designed for both residential and small commercial systems, providing robust performance and durability.

Goodwe MS Series

Goodwe inverters are known for their reliability and performance. The MS Series features 3 MPPTs (Maximum Power Point Trackers) and allows for 200% DC oversizing, ensuring optimal energy production. With a 10-year warranty, these inverters are suitable for both residential and commercial applications.

Delta H5A_222

Delta inverters are cost-effective and efficient, making them a popular choice for homeowners. With a 97.5% efficiency rating and a 5-year warranty (extendable to 20), they offer great value for money. These inverters feature low start-up voltage and built-in DC isolators, enhancing their performance and safety.

Review the best solar inverter brands

The following table lists our top chosen inverters for Australia in 2024, including indicative cost ranges and average efficiency ratings. Note that these prices are estimates and can vary depending on the specific model and size of the inverter. Prices may be lower or higher based on various factors, so consider this as a general guide when planning your solar power investment.

Company Name
Average Cost
Efficiency Rating
Enphase
$2,400 to $2,600
97.40%
SolarEdge
$1,800 to $2,000
99.20%
Huawei
$1,100 to $1,300
98.40%
Fronius
$1,700 to $2,000
97.60%
SMA
$1,700 to $2,000
97.00%
Delta
$800 to $1,000
97.50%
Sungrow
$800 to $1,000
97.90%
Goodwe
$800 to $1,000
97.70%

Source: Solar Choice (June 2024)

Frequently Asked Questions and Answers

The answer to this question depends entirely on what kind of solar power system you have, your budget, and what you consider the most beneficial aspect of an inverter. For example, if you don’t have a limited budget and want the most efficient inverter for your solar panel system, we recommend the Solar Edge inverters. However, if you’d like a high standard inverter for an affordable price, opt for an inverter from ABB.

 

The top five inverters on our list are Enphase, SolarEdge, Huawei, SMA, and Fronius. These are our top picks for the best solar system inverters in Australia due to their efficiency ratings and reasonable prices. If you’re looking for the ultimate best inverter for a solar panel, we have chosen the SolarEdge inverter for its unparalleled efficiency and performance.

If you possess a 6.6-kilowatt solar panel system, you will most likely require a 6.6-kilowatt solar inverter to accommodate your system. However, if you wish to expand your solar system in the future, you may think of purchasing a larger solar system inverter, such as a 10kw inverter. It’s important to understand how inverters work before making your final purchase.

When it comes to finding the ideal solar inverter for your home, it’s important to review and compare various products and brands. Remember to analyse the different prices, sizes, efficiency rating, and warranties as these can differ drastically. While the more expensive and efficient inverters are often seen as more valuable, you may be able to find your perfect inverter for a cheaper price and longer warranty. Request a quote from one of the above providers to start your solar inverter comparison.

The price of a solar inverter is dependent on a few factors. These include the brand the inverter is made by, the size of the inverter to fit your solar system, and the efficiency rating. The most expensive inverters cost around $2,500 to $3,000, while an inexpensive inverter can cost about $1,150. It’s important to review and compare inverters and prices before making your final choice.

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Megan has extensive experience writing about health and life insurance in Australia. Megan has a special interest in health and wellness. She relies on her background in counselling psychology to convey the latest findings in a manner that is most beneficial to ComparingExperts readers. In every article she writes, Megan aims to uphold the standards of the Private Health Insurance Intermediaries Association (PHIAA) which ComparingExpert is part of.

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