Solar Power Profile - Balwyn East, VIC 3103
More than 1028 homes in postcode 3103 have solar panels installed, which includes the towns of Balwyn East, Deepdene Dc, Stradbroke Park, Balwyn and Deepdene.
In terms of solar power, collectively that's a whopping 5,868 kW of solar panels installed that are generating on average 20,962 kWh per day, or 7,651 MWh per year. This means the average solar-powered home in this area is saving $1,277.5 per year, which combined saves this community approximately $1,338,947.75 per year.
Balwyn East and 3103 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 6,350.33 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 52,919,417 km worth of car emissions.
Solar Ranking
Postcode 3103
227th
State Wide
1026th
Australia Wide
Solar Power in Balwyn East
* Data from The Bureau of Meteorology (BOM). Closest weather station to Balwyn East: Hawthorn (scotch College) - approx. 5.3 km
Featured Solar Installers Servicing Balwyn East
Community Solar Statistics - Balwyn East, 3103
Balwyn East Demographics
Balwyn East and the postcode of 3103 has a total population of 14966 people, with a median age of 43 years. There are 6649 households in Balwyn East, with an average of 0.8 people per bedroom. The average number of people per household is 2.6 with a median income of 2014 per week per household.
About 62% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Balwyn East is $3000/month. By installing solar power in Balwyn East, the average household could save 3.55% of their monthly mortage, resulting in approximately a $30495 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 1.22% of household income. Clearly, installing solar power in Balwyn East is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Balwyn East
Balwyn is a suburb located in Melbourne, Victoria, Australia. It is situated approximately 10km east of the Melbourne CBD and is known for its leafy streets, large homes and high-end shopping. The suburb is home to several parks and reserves, including Beckett Park, Gordon Barnard Reserve and Hislop Reserve. Balwyn also boasts a number of historic buildings, such as the Balwyn Cinema and the Balwyn Baptist Church, which add to the charm of the area.
Balwyn enjoys a temperate climate with warm summers and cool winters. The suburb experiences an average of 2,200 hours of sunshine per year, making it an ideal location for solar power production. Solar panel installers in Balwyn can take advantage of the suburb's optimal solar panel angle and orientation to maximise solar yields. However, potential shading issues should be taken into consideration when installing solar panels, as tall trees and neighbouring buildings can affect the amount of sunlight that reaches the panels.
Installing solar energy systems in Balwyn can provide a range of benefits, including reduced electricity bills, increased energy independence and a reduced carbon footprint. Solar power is a renewable energy source that produces no greenhouse gas emissions, making it an environmentally friendly option for homeowners and businesses. With the help of experienced solar installers, residents of Balwyn can harness the power of the sun to generate clean, sustainable energy for their homes and businesses.