Solar Power Profile - Banksmeadow, NSW 2019
More than 610 homes in postcode 2019 have solar panels installed, which includes the towns of Banksmeadow and Botany.
In terms of solar power, collectively that's a whopping 6,375 kW of solar panels installed that are generating on average 24,899 kWh per day, or 9,088 MWh per year. This means the average solar-powered home in this area is saving $2,618.875 per year, which combined saves this community approximately $1,590,423.625 per year.
Banksmeadow and 2019 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 6,634.24 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 55,285,333 km worth of car emissions.
Solar Ranking
Postcode 2019
275th
State Wide
981st
Australia Wide
Solar Power in Banksmeadow
* Data from The Bureau of Meteorology (BOM). Closest weather station to Banksmeadow: Sydney Airport Amo - approx. 3.3 km
Featured Solar Installers Servicing Banksmeadow
Community Solar Statistics - Banksmeadow, 2019
Banksmeadow Demographics
Banksmeadow and the postcode of 2019 has a total population of 12641 people, with a median age of 36 years. There are 5423 households in Banksmeadow, with an average of 1.1 people per bedroom. The average number of people per household is 2.6 with a median income of 2363 per week per household.
About 55% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Banksmeadow is $2773/month. By installing solar power in Banksmeadow, the average household could save 7.87% of their monthly mortage, resulting in approximately a $67632 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 2.13% of household income. Clearly, installing solar power in Banksmeadow is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Banksmeadow
Banksmeadow is a suburb located in the eastern suburbs of Sydney, New South Wales, Australia. It is situated approximately 11 kilometers south of the Sydney central business district and is part of the Bayside Council. The suburb is known for its industrial area, which is home to several large companies, including Coca-Cola Amatil, Toll Group, and Qantas Freight. Banksmeadow is also famous for its beautiful parks, including the Sir Joseph Banks Park, which features a stunning wetland area and walking trails.
With an average of 7.5 hours of sunshine per day and a mild climate, Banksmeadow is an ideal location for solar power. The optimal angle for solar panels in Banksmeadow is between 20 and 30 degrees, facing north. However, shading can be an issue in some areas, so it is essential to consult with a professional solar installer to determine the best placement for your solar panels. With the right solar panel installation, residents of Banksmeadow can take advantage of the abundant sunshine to reduce their energy bills and help the environment by producing clean, renewable energy.
Installing solar panels in Banksmeadow can provide many benefits, including reducing your energy bills, increasing the value of your home, and helping to reduce your carbon footprint. With the help of a professional solar installer, you can design a solar panel system that meets your specific energy needs and takes advantage of the available sunlight. By choosing solar power, you can enjoy long-term savings on your energy bills while helping to create a cleaner, more sustainable future for your community.