Solar Power Profile - Loreto Hill, QLD 4120
More than 920 homes in postcode 4120 have solar panels installed, which includes the towns of Loreto Hill, Greenslopes and Stones Corner.
In terms of solar power, collectively that's a whopping 5,750 kW of solar panels installed that are generating on average 29,442 kWh per day, or 10,746 MWh per year. This means the average solar-powered home in this area is saving $2,044 per year, which combined saves this community approximately $1,880,607.75 per year.
Loreto Hill and 4120 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 7,844.58 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 65,371,500 km worth of car emissions.
Solar Ranking
Postcode 4120
228th
State Wide
1041st
Australia Wide
Solar Power in Loreto Hill
* Data from The Bureau of Meteorology (BOM). Closest weather station to Loreto Hill: Steep Point - approx. 187.3 km
Featured Solar Installers Servicing Loreto Hill
Community Solar Statistics - Loreto Hill, 4120
Loreto Hill Demographics
Loreto Hill and the postcode of 4120 has a total population of 9771 people, with a median age of 33 years. There are 4995 households in Loreto Hill, with an average of 0.9 people per bedroom. The average number of people per household is 2.1 with a median income of 1949 per week per household.
About 40% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Loreto Hill is $1900/month. By installing solar power in Loreto Hill, the average household could save 8.96% of their monthly mortage, resulting in approximately a $77040 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 2.02% of household income. Clearly, installing solar power in Loreto Hill is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Loreto Hill
Greenslopes is a charming suburb located in the south-eastern part of Brisbane, Queensland, Australia. The suburb is known for its rich history, beautiful parks, and friendly community. It is situated just 5 kilometers from the Brisbane CBD and is easily accessible by public transport. Greenslopes is home to a variety of shops, cafes, and restaurants, making it a vibrant and bustling area.
With an average of 261 days of sunshine per year, Greenslopes is an ideal location for solar power. The optimal solar panel angle in Greenslopes is between 20 and 30 degrees, and the best orientation is north-facing. However, it is important to note that shading can significantly reduce solar yields, so it is essential to work with experienced solar installers to ensure that your solar panels are installed in the best location possible.
Installing solar energy in Greenslopes is a smart choice for homeowners and businesses. Not only does it help reduce electricity bills, but it also helps to reduce carbon emissions and promote renewable energy. By investing in solar power, Greenslopes residents can take advantage of the abundant sunshine and contribute to a more sustainable future for the community.