Solar Power Profile - Millers Point, NSW 2000
More than 66 homes in postcode 2000 have solar panels installed, which includes the towns of Millers Point, Darling Harbour, Barangaroo, Dawes Point, Haymarket, Parliament House, Sydney, Sydney South and The Rocks.
In terms of solar power, collectively that's a whopping 1,751 kW of solar panels installed that are generating on average 6,839 kWh per day, or 2,496 MWh per year. This means the average solar-powered home in this area is saving $6,643 per year, which combined saves this community approximately $436,841.125 per year.
Millers Point and 2000 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 1,822.08 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 15,184,000 km worth of car emissions.
Solar Ranking
Postcode 2000
488th
State Wide
1697th
Australia Wide
Solar Power in Millers Point
* Data from The Bureau of Meteorology (BOM). Closest weather station to Millers Point: Sydney (observatory Hill) - approx. 203 m
Featured Solar Installers Servicing Millers Point
Community Solar Statistics - Millers Point, 2000
Millers Point Demographics
Millers Point and the postcode of 2000 has a total population of 24645 people, with a median age of 32 years. There are 15345 households in Millers Point, with an average of 1.3 people per bedroom. The average number of people per household is 2.1 with a median income of 2225 per week per household.
About 19% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Millers Point is $2800/month. By installing solar power in Millers Point, the average household could save 19.77% of their monthly mortage, resulting in approximately a $169900 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 5.74% of household income. Clearly, installing solar power in Millers Point is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Millers Point
Barangaroo is a suburb located in Sydney, New South Wales, Australia. It is situated on the north-western edge of Sydney's central business district and is known for its stunning waterfront views. The suburb is named after a powerful Cammeraygal woman who played a significant role in the Aboriginal community.
Barangaroo is home to several attractions, including the Barangaroo Reserve, a 22-hectare parkland that offers panoramic views of the harbour and the Sydney Harbour Bridge. The reserve is a popular spot for picnics, walks, and outdoor events. The suburb also features several restaurants, bars, and shops, making it a great place to spend a day out.
With an average of 2,600 hours of sunshine per year, Barangaroo is an excellent location for solar power. Solar panels installed in Barangaroo can generate a considerable amount of electricity, reducing the dependence on traditional energy sources. Solar power is also an environmentally friendly option, reducing the carbon footprint of the suburb. Solar installers in Barangaroo can help residents and businesses install solar panels at the optimal angle and orientation to maximise solar yields. With the benefits of solar power, Barangaroo is taking steps towards a greener future.