Solar Power | Topproperty

Solar Power Profile - Millers Point, NSW 2000

More than 74 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 1,956 kW of solar panels installed that are generating on average 7,641 kWh per day, or 2,789 MWh per year. This means the average solar-powered home in this area is saving $6,579.125 per year, which combined saves this community approximately $488,068.875 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 2,035.97 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 16,966,417 km worth of car emissions.

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Solar Ranking

Postcode 2000

488th

State Wide

1693rd

Australia Wide

Solar Power in Millers Point

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 2000

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 2000

Daily Avg Sunshine in Millers Point
554433221100JanJanFebFebMarMarAprAprMayMayJunJunJulJulAugAugSepSepOctOctNovNovDecDec
Daily Avg Solar Generation (kWh)
554433221100JanJanFebFebMarMarAprAprMayMayJunJunJulJulAugAugSepSepOctOctNovNovDecDec

* 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

Propower Solar

Propower Solar

Sydney, 2000

Uses Clean Energy Council Accredited Installers.

Solarpro

Solarpro

9/252 Allambie Road, 2100

Smart Solar Systems for Homes & Business.

Banana Solar

Banana Solar

6/2 Bishop Street, 2044

100% Australian owned and operated.

IQ Solar

IQ Solar

31 Elizabeth Street, 2164

Premium solar & guaranteed performance.

Community Solar Statistics - Millers Point, 2000

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Homes With Solar

74

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 2000 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

$6,579/year

Avg Solar Savings

This calculation assumes a Beauru of Meteorology annual mean global daily irradiation for Millers Point based on the average solar system size for 2000, 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

$697,241/year

Est Retail Value of Power Generated

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

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Solar Panels Installed

1,956 kW

Solar Panels Installed

This calculation is based on for the number of kilowatts installed in postcode 2000 according to the Clean Energy Regulator.

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Avg Daily Solar Generation

7,641 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 Millers Point. 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

2,789 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 Millers Point. 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

11

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 2000 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

$488,069/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 2000. 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

$5,869,200

Local Business Generated

To figure out the economic value generated for solar installation businesses servicing postcode 2000, 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

2,036 tonnes

Annual CO2 Reduction

This is based on the total amount of solar power generated by all of the homes in postcode 2000 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

28,504 trees

Yearly Carbon Sequestration

This is based on the total amount of solar power generated by all of the homes in postcode 2000 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

16,966,417 km driven

Yearly Car Emissions

This is based on the total amount of solar power generated by all of the homes in postcode 2000 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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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 19.58% of their monthly mortage, resulting in approximately a $168267 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 5.69% 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
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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.

Nearby Suburbs

See Also

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