Solar Power | Topproperty

Solar Power Profile - East Coraki, NSW 2471

More than 663 homes in postcode 2471 have solar panels installed, which includes the towns of East Coraki, Bora Ridge, Codrington, Coraki, Green Forest, Greenridge, North Woodburn, Swan Bay, Tatham, West Bungawalbin and West Coraki.

In terms of solar power, collectively that's a whopping 3,973 kW of solar panels installed that are generating on average 17,031 kWh per day, or 6,216 MWh per year. This means the average solar-powered home in this area is saving $1,660.75 per year, which combined saves this community approximately $1,087,855.125 per year.

East Coraki and 2471 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 4,537.68 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 37,814,000 km worth of car emissions.

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Solar Ranking

Postcode 2471

395th

State Wide

1321st

Australia Wide

Solar Power in East Coraki

1-6kW
6-8kW
55443322110001 Jan01 Jan02 Jan02 Jan03 Jan03 Jan04 Jan04 Jan05 Jan05 Jan06 Jan06 Jan07 Jan07 Jan08 Jan08 Jan09 Jan09 Jan10 Jan10 Jan11 Jan11 Jan12 Jan12 Jan

Average kW per solar installation

Postcode 2471

1-6kW
6-8kW
2.02.01.61.61.21.20.80.80.40.40.00.001 Jan01 Jan02 Jan02 Jan03 Jan03 Jan04 Jan04 Jan05 Jan05 Jan06 Jan06 Jan07 Jan07 Jan08 Jan08 Jan09 Jan09 Jan10 Jan10 Jan11 Jan11 Jan12 Jan12 Jan

Number of Home Solar Systems Installed

Postcode 2471

Daily Avg Sunshine in East Coraki
554433221100JanJanFebFebMarMarAprAprMayMayJunJunJulJulAugAugSepSepOctOctNovNovDecDec
Daily Avg Solar Generation (kWh)
554433221100JanJanFebFebMarMarAprAprMayMayJunJunJulJulAugAugSepSepOctOctNovNovDecDec

* Data from The Bureau of Meteorology (BOM). Closest weather station to East Coraki: Coraki (richmond Terrace) - approx. 5.2 km

Featured Solar Installers Servicing East Coraki

Juno Energy

Juno Energy

20/1 Porter Street, 2481

100% Australian Owned & Operated

Nickel Energy

Nickel Energy

74-78 Molesworth Street, 2480

Installed by your local solar experts.

Northern Rivers Solar & Electrical

Northern Rivers Solar & Electrical

15 Spurfield Road, 2480

Northern Rivers solar & electrical.

Salisbury Solar & Electrical

Salisbury Solar & Electrical

Byron bay, 2481

Clean Energy Council Approved Solar Retailer.

Community Solar Statistics - East Coraki, 2471

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Homes With Solar

663

Homes With Solar

This calculation is based on the Clean Energy Regulator number of small-scale technology certificates (STCs) claimed for solar installations less than 100kW in size in the 2471 postcode. The number of certificates claimed is directly related to the number of solar power systems commissioned, as lodged by the solar installation business.

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Avg Solar Savings

$1,661/year

Avg Solar Savings

This calculation assumes a Beauru of Meteorology annual mean global daily irradiation for East Coraki based on the average solar system size for 2471, modelled with a 50% of solar production that is fed directly into the grid at 10c/kWh, and the remaining 50% of the solar energy produced being consumed within the home at an energy bill reduction of 25c/kWh.

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Est Retail Value of Power Generated

$1,554,079/year

Est Retail Value of Power Generated

This calculation assumes a Beauru of Meteorology mean global daily irradiation for East Coraki, using the total number of kW installed according to the Clean Energy Regulator, valued at 25c/kWh.

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Solar Panels Installed

3,973 kW

Solar Panels Installed

This calculation is based on for the number of kilowatts installed in postcode 2471 according to the Clean Energy Regulator.

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Avg Daily Solar Generation

17,031 kWh

Avg Daily Solar Generation

This calculation is based on the total number of kilowatts installed for this location sourced from the Clean Energy Regulator multiplied by the annual mean global daily irradiation for the Beauru of Meteorology weather station nearest to East Coraki. The amount of solar power generated each day is therefore the total amount of solar power generated per one day based on an average day of sunlight.

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Yearly Solar Generation

6,216 MWh

Yearly Solar Generation

This calculation is based on the total number of kilowatts installed for this location sourced from the Clean Energy Regulator multiplied by the mean global daily irradiation for the Beauru of Meteorology weather station nearest to East Coraki. The amount of solar power generated each year is therefore the total amount solar power panel generated for 12 months based on an average day of sunlight.

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Local Jobs Created

23

Local Jobs Created

This calculation is based on Beyond Zero Emissions economic modelling showing that 5.8 jobs are directly created per megawatt of rooftop solar installed. The amount of jobs created from rooftop solar in postcode 2471 takes the number of "Solar Panels Installed" calculation multiplied by 5.8 jobs/MW ratio to indicate the employment created.

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Community Energy Savings

$1,087,855/year

Community Energy Savings

This is based on the "Average Solar Savings" calculation multiplied by the total number of Homes with Solar calculation for postcode 2471. The total amount of money saved by residential solar power for this area indicates how much this location saves in total dollars each year from the total amount of solar power generation.

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Local Business Generated

$11,918,400

Local Business Generated

To figure out the economic value generated for solar installation businesses servicing postcode 2471, we take the Solar Panels Installed calculation and multiply it by an average assumed price of $3 per watt, which we adjusted for historical price changes. This then gives us an idea of the revenue generated by solar installation businesses supplying and installing solar power in the area.

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Annual CO2 Reduction

4,538 tonnes

Annual CO2 Reduction

This is based on the total amount of solar power generated by all of the homes in postcode 2471 using the "Yearly Solar Generation" calculation multiplied by the amount of CO2 generated per tonne of coal-fired power in NSW. So this shows us the amount of carbon dioxide pollution equivalent that would be generated by coal-fired power stations for the same amount of kilowatts that are instead saved by clean and green rooftop solar power.

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Yearly Carbon Sequestration

63,528 trees

Yearly Carbon Sequestration

This is based on the total amount of solar power generated by all of the homes in postcode 2471 using the "Yearly Solar Generation" calculation multiplied by the amount of CO2 generated per tonne of coal-fired power in NSW, then coverted to the number of trees that would be required to capture and sequester that amount of carbon dioxide pollution. (14 trees per tonne of CO2) So this number gives us a different way of understanding the environmental benefits of solar by giving us an equivalent number of mature trees capturing and sequestering carbon dioxide pollution into the soil that is equal to the amount of CO2 otherwise saved because of rooftop solar power in this area.

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Yearly Car Emissions

37,814,000 km driven

Yearly Car Emissions

This is based on the total amount of solar power generated by all of the homes in postcode 2471 using the "Yearly Solar Generation" calculation multiplied by the amount of CO2 generated per tonne of coal-fired power in NSW, then coverted to the number of kilometres driven by an average car. (120g of CO2 per km driven) So this number gives us a different way of understanding the environmental benefits of solar by giving us an equivalent number of kilometres driven worth of car emissions that is equal to the amount of CO2 otherwise saved because of rooftop solar power in this area.

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East Coraki Demographics

East Coraki and the postcode of 2471 has a total population of 2422 people, with a median age of 44 years. There are 984 households in East Coraki, with an average of 0.8 people per bedroom. The average number of people per household is 2.6 with a median income of 1258 per week per household.

About 73% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in East Coraki is $1517/month. By installing solar power in East Coraki, the average household could save 9.12% of their monthly mortage, resulting in approximately a $78398 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 2.54% of household income. Clearly, installing solar power in East Coraki is a sensible thing to do financially and for the planet.

* Based on Australian Bureau of Statistics 2021 Data
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About East Coraki

Bora Ridge is a small town located in the Northern Rivers region of New South Wales, Australia. It is situated approximately 20 km southwest of the coastal town of Ballina and 30 km northeast of Lismore. The town is surrounded by rolling hills and lush greenery, making it an ideal location for those who enjoy outdoor activities such as hiking, camping, and fishing. One of the main attractions of Bora Ridge is the nearby Richmond Range National Park, which offers stunning views of the surrounding landscape and is home to a variety of wildlife.

When it comes to solar power, Bora Ridge is an excellent location due to its high levels of sunshine throughout the year. The town experiences an average of 5.5 hours of sunshine per day, making it an ideal location for solar panel installation. Solar installers in Bora Ridge can take advantage of the town's optimal solar panel angle and orientation, which is approximately 30 degrees from horizontal and facing north. This ensures that solar panels receive maximum exposure to the sun's rays, resulting in higher solar yields and greater energy savings for homeowners and businesses.

By installing solar energy systems in Bora Ridge, residents and businesses can take advantage of the many benefits of renewable energy. Solar power is a clean and sustainable source of energy that can help reduce greenhouse gas emissions and combat climate change. Additionally, solar energy can help reduce energy costs and provide a reliable source of power during blackouts and other emergencies. With its abundant sunshine and ideal location, Bora Ridge is an excellent place to harness the power of the sun and take advantage of the many benefits of solar energy.

Nearby Suburbs

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