Solar Power Profile - Waratah, NSW 2298
More than 932 homes in postcode 2298 have solar panels installed, which includes the towns of Waratah, Georgetown and Waratah West.
In terms of solar power, collectively that's a whopping 5,171 kW of solar panels installed that are generating on average 20,814 kWh per day, or 7,597 MWh per year. This means the average solar-powered home in this area is saving $1,405.25 per year, which combined saves this community approximately $1,329,494.25 per year.
Waratah and 2298 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 5,545.81 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 46,215,083 km worth of car emissions.
Solar Ranking
Postcode 2298
310th
State Wide
1108th
Australia Wide
Solar Power in Waratah
* Data from The Bureau of Meteorology (BOM). Closest weather station to Waratah: Newcastle University - approx. 2.4 km
Featured Solar Installers Servicing Waratah
Community Solar Statistics - Waratah, 2298
Waratah Demographics
Waratah and the postcode of 2298 has a total population of 8934 people, with a median age of 36 years. There are 4242 households in Waratah, with an average of 0.8 people per bedroom. The average number of people per household is 2.3 with a median income of 1617 per week per household.
About 51% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Waratah is $1896/month. By installing solar power in Waratah, the average household could save 6.18% of their monthly mortage, resulting in approximately a $53077 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 1.67% of household income. Clearly, installing solar power in Waratah is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Waratah
Georgetown is a charming suburb located in the city of Newcastle, New South Wales, Australia. The town is situated just 6 kilometers west of the city center, making it an ideal location for those who want to enjoy the peace and quiet of suburban living while still being close to the city's amenities. The suburb is known for its beautiful tree-lined streets, historic homes, and friendly community.
One of the main attractions of Georgetown is the Georgetown Reservoir, which is a popular spot for fishing and picnicking. The suburb is also home to several parks and playgrounds, making it an ideal location for families with children. In addition, there are several shops, cafes, and restaurants in the area, providing residents with easy access to all the essentials.
With its abundant sunshine hours, Georgetown is an ideal location for solar power. Solar installers in the area can help residents take advantage of the town's optimal solar panel angle and orientation to maximize their solar yields. By installing solar energy systems, residents can reduce their reliance on non-renewable energy sources and save money on their electricity bills. In addition, using solar power can help reduce the carbon footprint of the town and contribute to a cleaner, more sustainable future.