Solar Power Profile - Balmain, NSW 2041
More than 705 homes in postcode 2041 have solar panels installed, which includes the towns of Balmain, Balmain East and Birchgrove.
In terms of solar power, collectively that's a whopping 3,681 kW of solar panels installed that are generating on average 14,378 kWh per day, or 5,248 MWh per year. This means the average solar-powered home in this area is saving $1,277.5 per year, which combined saves this community approximately $918,394.75 per year.
Balmain and 2041 are also doing their bit for the planet too because this amount of solar power has reduced the yearly carbon footprint for the area by 3,831.04 tonnes. To put this into perspective, that's the equivalent amount of yearly carbon dioxide captured and sequestered by 324,114 trees, or it's equivalent to 31,925,333 km worth of car emissions.
Solar Ranking
Postcode 2041
386th
State Wide
1307th
Australia Wide
Solar Power in Balmain
* Data from The Bureau of Meteorology (BOM). Closest weather station to Balmain: Sydney (observatory Hill) - approx. 2.4 km
Featured Solar Installers Servicing Balmain
Community Solar Statistics - Balmain, 2041
Balmain Demographics
Balmain and the postcode of 2041 has a total population of 14606 people, with a median age of 43 years. There are 7428 households in Balmain, with an average of 0.9 people per bedroom. The average number of people per household is 2.2 with a median income of 3147 per week per household.
About 53% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Balmain is $4000/month. By installing solar power in Balmain, the average household could save 2.66% of their monthly mortage, resulting in approximately a $22871 saving over the lifetime of their loan, assuming they put the electricity savings toward their home loan, a $500,000 loan, with a 4% interest rate over 30 years. Electricy cost savings from an average solar system is approximately 0.78% of household income. Clearly, installing solar power in Balmain is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Balmain
BALMAIN NSW 2041 is a charming suburb located in the Inner West of Sydney, Australia. The town is situated on a small peninsula that extends out from the city's western shore, offering stunning views of the harbour and the Sydney Harbour Bridge. Balmain is renowned for its historic architecture, trendy cafes, boutique shops, and vibrant nightlife. Visitors can explore the town's rich history by taking a stroll along the Balmain Heritage Walk, which showcases over 40 historical sites and landmarks.
BALMAIN NSW 2041 enjoys a warm and temperate climate, with an average temperature of 18.4°C. The town experiences an average of 244 sunny days per year, making it an ideal location for solar power. Solar installers in BALMAIN can take advantage of the town's optimal solar panel angle and orientation, which is between 20-30 degrees facing north. While potential shading issues should be considered, the town's high solar yields make it a great location for producing renewable energy.
The benefits of solar power in BALMAIN are numerous. Installing solar energy systems can help residents and businesses reduce their energy bills, lower their carbon footprint, and contribute to a more sustainable future. By harnessing the power of the sun, BALMAIN can become a leader in renewable energy and inspire other communities to follow suit. Solar power in BALMAIN is a smart investment that can pay dividends for years to come.