Solar Power Profile - Varsity Lakes, QLD 4227
More than 3943 homes in postcode 4227 have solar panels installed, which includes the towns of Varsity Lakes and Reedy Creek.
In terms of solar power, collectively that's a whopping 23,347 kW of solar panels installed that are generating on average 102,864 kWh per day, or 37,545 MWh per year. This means the average solar-powered home in this area is saving $1,660.75 per year, which combined saves this community approximately $6,570,438 per year.
Varsity Lakes and 4227 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 27,407.85 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 228,398,750 km worth of car emissions.
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Solar Ranking
Postcode 4227
89th
State Wide
250th
Australia Wide
Solar Power in Varsity Lakes
* Data from The Bureau of Meteorology (BOM). Closest weather station to Varsity Lakes: Burleigh Waters Alert - approx. 1.6 km
Featured Solar Installers Servicing Varsity Lakes
Community Solar Statistics - Varsity Lakes, 4227
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Varsity Lakes Demographics
Varsity Lakes and the postcode of 4227 has a total population of 22524 people, with a median age of 36 years. There are 8931 households in Varsity Lakes, with an average of 0.9 people per bedroom. The average number of people per household is 2.7 with a median income of 1791 per week per household.
About 59% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Varsity Lakes is $1950/month. By installing solar power in Varsity Lakes, the average household could save 7.1% of their monthly mortage, resulting in approximately a $60990 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 1.78% of household income. Clearly, installing solar power in Varsity Lakes is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data![Icon](/images/icons/location.png)
About Varsity Lakes
Reedy Creek is a suburb located in the Gold Coast hinterland, Queensland, Australia. It is situated about 10 kilometers west of Burleigh Heads and 15 kilometers south-west of Surfers Paradise. The town is surrounded by beautiful mountain ranges, including the Springbrook, Numinbah, and Tamborine Mountains, which offer stunning views and hiking trails for outdoor enthusiasts.
Reedy Creek enjoys a subtropical climate with an average of 245 sunny days per year, making it an ideal location for solar power. The optimal solar panel angle and orientation for this town is facing north at an angle of 27 degrees. However, potential shading issues should be considered when installing solar panels, especially during the winter months when the sun is lower in the sky.
Installing solar energy in Reedy Creek has numerous benefits, including reducing energy bills, increasing property value, and helping to reduce carbon emissions. Solar installers in the area can provide expert advice on the best solar solutions for homes and businesses. With the abundance of sunshine in Reedy Creek, solar power is a smart investment for those looking to save money and reduce their environmental impact.