Solar Power Profile - South Bank, QLD 4101
More than 1562 homes in postcode 4101 have solar panels installed, which includes the towns of South Bank, Mater Hill, Mater Hospital, South Brisbane Bc, Highgate Hill, South Brisbane and West End.
In terms of solar power, collectively that's a whopping 11,641 kW of solar panels installed that are generating on average 50,736 kWh per day, or 18,519 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 $3,240,762 per year.
South Bank and 4101 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 13,518.87 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 112,657,250 km worth of car emissions.
Solar Ranking
Postcode 4101
159th
State Wide
620th
Australia Wide
Solar Power in South Bank
* Data from The Bureau of Meteorology (BOM). Closest weather station to South Bank: Brisbane (bcc) Alert - approx. 1.8 km
Featured Solar Installers Servicing South Bank
Community Solar Statistics - South Bank, 4101
South Bank Demographics
South Bank and the postcode of 4101 has a total population of 30489 people, with a median age of 32 years. There are 17350 households in South Bank, with an average of 1.1 people per bedroom. The average number of people per household is 2.1 with a median income of 1973 per week per household.
About 31% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in South Bank is $2031/month. By installing solar power in South Bank, the average household could save 8.39% of their monthly mortage, resulting in approximately a $72071 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 1.99% of household income. Clearly, installing solar power in South Bank is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About South Bank
Highgate Hill is a vibrant suburb located in the inner-south of Brisbane, Queensland, Australia. It is situated just 2 kilometers away from the Brisbane CBD and is a highly sought-after residential area due to its proximity to the city and its many attractions. Highgate Hill is known for its beautiful old Queenslander homes, stunning views of the city skyline, and its bustling cafes and restaurants.
Highgate Hill experiences a subtropical climate with hot and humid summers and mild winters. The area receives an average of 5.2 hours of sunshine per day, making it an ideal location for solar power. With the right solar panel angle and orientation, homeowners in Highgate Hill can take advantage of the abundant sunshine to generate their own electricity and reduce their reliance on the grid. Solar installers in the area can help residents select the best solar panels for their homes and ensure they are installed correctly for maximum efficiency.
By installing solar panels in Highgate Hill, residents can reduce their carbon footprint and contribute to a cleaner, more sustainable future. Solar power is a renewable energy source that produces no greenhouse gas emissions, making it an environmentally friendly choice. In addition, homeowners who install solar panels can save money on their electricity bills by generating their own power and selling any excess energy back to the grid. With the many benefits of solar power, it's no wonder that more and more residents in Highgate Hill are turning to solar energy to power their homes.