Solar Power Profile - Lost River, NSW 2583
More than 898 homes in postcode 2583 have solar panels installed, which includes the towns of Lost River, Bigga, Binda, Blanket Flat, Brooklands, Cottawalla, Crooked Corner, Crookwell, Fullerton, Glenerin, Grabben Gullen, Greenmantle, Hadley, Junction Point, Kempton, Kialla, Laggan, Limerick, Mulgowrie, Narrawa, Peelwood, Pejar, Rugby, Thalaba, Third Creek, Tuena and Wheeo.
In terms of solar power, collectively that's a whopping 5,403 kW of solar panels installed that are generating on average 22,390 kWh per day, or 8,172 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 $1,430,161.25 per year.
Lost River and 2583 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 5,965.56 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 49,713,000 km worth of car emissions.
Solar Ranking
Postcode 2583
308th
State Wide
1083rd
Australia Wide
Solar Power in Lost River
* Data from The Bureau of Meteorology (BOM). Closest weather station to Lost River: Wheeo (the Homestead) - approx. 9.1 km
Featured Solar Installers Servicing Lost River
Community Solar Statistics - Lost River, 2583
Lost River Demographics
Lost River and the postcode of 2583 has a total population of 4203 people, with a median age of 52 years. There are 2332 households in Lost River, with an average of 0.7 people per bedroom. The average number of people per household is 2.3 with a median income of 1267 per week per household.
About 64% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Lost River is $1300/month. By installing solar power in Lost River, the average household could save 10.24% of their monthly mortage, resulting in approximately a $87966 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 2.42% of household income. Clearly, installing solar power in Lost River is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Lost River
BINDA NSW 2583 is a small town located in the Southern Tablelands of New South Wales, Australia. It is situated approximately 40 km north-west of Goulburn and 200 km south-west of Sydney. The town is surrounded by beautiful landscapes and rolling hills, making it a perfect destination for nature lovers.
BINDA is home to several attractions, including the historic St. Aidan's Church, which was built in 1877 and is a popular destination for tourists. The town also has a number of local shops and cafes, where visitors can enjoy a cup of coffee or a meal.
With its sunny climate and long daylight hours, BINDA is an ideal location for solar power. The town receives an average of 5.5 hours of sunlight per day, making it an excellent place to install solar panels. Solar installers in BINDA can take advantage of the town's optimal solar panel angle and orientation, which can help to maximise solar yields. Additionally, with the increasing focus on renewable energy, solar power can help to reduce carbon emissions and provide a sustainable source of energy for the town.