Solar Power Profile - Kings Cross, NSW 2011
More than 64 homes in postcode 2011 have solar panels installed, which includes the towns of Kings Cross, Elizabeth Bay, Hmas Kuttabul, Potts Point, Rushcutters Bay and Woolloomooloo.
In terms of solar power, collectively that's a whopping 982 kW of solar panels installed that are generating on average 3,835 kWh per day, or 1,400 MWh per year. This means the average solar-powered home in this area is saving $3,832.5 per year, which combined saves this community approximately $244,960.625 per year.
Kings Cross and 2011 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 1,022 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 8,516,667 km worth of car emissions.
Solar Ranking
Postcode 2011
541st
State Wide
1946th
Australia Wide
Solar Power in Kings Cross
* Data from The Bureau of Meteorology (BOM). Closest weather station to Kings Cross: Sydney Botanic Gardens - approx. 1.1 km
Featured Solar Installers Servicing Kings Cross
Community Solar Statistics - Kings Cross, 2011
Kings Cross Demographics
Kings Cross and the postcode of 2011 has a total population of 15138 people, with a median age of 39 years. There are 12652 households in Kings Cross, with an average of 1 people per bedroom. The average number of people per household is 1.5 with a median income of 2041 per week per household.
About 27% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Kings Cross is $2500/month. By installing solar power in Kings Cross, the average household could save 12.78% of their monthly mortage, resulting in approximately a $109782 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 3.61% of household income. Clearly, installing solar power in Kings Cross is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Kings Cross
Elizabeth Bay is a harbourside suburb located in the eastern suburbs of Sydney, New South Wales, Australia. It is situated just 3 kilometres from the Sydney CBD and is known for its stunning views of Sydney Harbour and the city skyline. The suburb is home to a mix of modern and historic architecture, with many beautiful heritage-listed buildings.
Elizabeth Bay is a great location for solar power due to its high levels of sunshine hours. The suburb experiences an average of 4.2 hours of sunshine per day, making it an ideal location for solar panels. Solar installers in Elizabeth Bay can take advantage of the suburb's optimal solar panel angle and orientation to maximise solar yields and reduce shading issues.
Installing solar energy in Elizabeth Bay is a great way to take advantage of the suburb's abundant sunshine and reduce your carbon footprint. By producing your own renewable energy, you can reduce your reliance on fossil fuels and save money on your energy bills. With a range of solar power options available, including rooftop solar panels and solar hot water systems, there has never been a better time to invest in solar energy in Elizabeth Bay.