Solar Power Profile - Paringa, SA 5340
More than 404 homes in postcode 5340 have solar panels installed, which includes the towns of Paringa, Mundic Creek, Murtho, Pike River, Wonuarra and Yamba.
In terms of solar power, collectively that's a whopping 2,799 kW of solar panels installed that are generating on average 12,264 kWh per day, or 4,476 MWh per year. This means the average solar-powered home in this area is saving $1,916.25 per year, which combined saves this community approximately $783,363 per year.
Paringa and 5340 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 1,029.48 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 8,579,000 km worth of car emissions.
Solar Ranking
Postcode 5340
183rd
State Wide
1453rd
Australia Wide
Solar Power in Paringa
* Data from The Bureau of Meteorology (BOM). Closest weather station to Paringa: Paringa Lock 5 - approx. 2.6 km
Featured Solar Installers Servicing Paringa
Community Solar Statistics - Paringa, 5340
Paringa Demographics
Paringa and the postcode of 5340 has a total population of 1319 people, with a median age of 43 years. There are 599 households in Paringa, with an average of 0.8 people per bedroom. The average number of people per household is 2.4 with a median income of 1377 per week per household.
About 65% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Paringa is $1083/month. By installing solar power in Paringa, the average household could save 14.74% of their monthly mortage, resulting in approximately a $126710 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 2.68% of household income. Clearly, installing solar power in Paringa is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Paringa
MUNDIC CREEK SA 5340 is a small town located in South Australia. Despite its size, the town has a lot to offer visitors. One of the main attractions is the beautiful Mundic Creek, which runs through the town and provides a picturesque setting for fishing, boating, and other water activities. The town is also home to several parks and nature reserves, including the Mundic Creek Conservation Park, which offers hiking trails and stunning views of the surrounding landscape.
In terms of weather, MUNDIC CREEK SA 5340 enjoys a Mediterranean climate with hot summers and mild winters. The town receives an average of 8 hours of sunshine per day, making it an ideal location for solar power production. With the help of local solar installers, residents and businesses can take advantage of the abundant sunshine to generate clean, renewable energy and reduce their carbon footprint.
Installing solar panels in MUNDIC CREEK SA 5340 can provide a range of benefits, including lower electricity bills, increased property value, and a reduced reliance on fossil fuels. By choosing to go solar, residents and businesses can also contribute to a more sustainable future and help to combat climate change. With its sunny climate and beautiful natural surroundings, MUNDIC CREEK SA 5340 is the perfect place to harness the power of the sun and embrace renewable energy.