Solar Power Profile - East Coraki, NSW 2471
More than 629 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 3,670 kW of solar panels installed that are generating on average 15,732 kWh per day, or 5,742 MWh per year. This means the average solar-powered home in this area is saving $1,596.875 per year, which combined saves this community approximately $1,004,881.5 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 4,191.66 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 34,930,500 km worth of car emissions.
Solar Ranking
Postcode 2471
387th
State Wide
1312nd
Australia Wide
Solar Power in East Coraki
* 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
Community Solar Statistics - East Coraki, 2471
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 8.77% of their monthly mortage, resulting in approximately a $75383 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 2.44% 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
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.