Solar Power Profile - Banyan, VIC 3485
More than 67 homes in postcode 3485 have solar panels installed, which includes the towns of Banyan, Watchupga, Willangie and Woomelang.
In terms of solar power, collectively that's a whopping 357 kW of solar panels installed that are generating on average 1,524 kWh per day, or 556 MWh per year. This means the average solar-powered home in this area is saving $1,469.125 per year, which combined saves this community approximately $97,345.5 per year.
Banyan and 3485 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 461.48 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 3,845,667 km worth of car emissions.
Solar Ranking
Postcode 3485
618th
State Wide
2310th
Australia Wide
Solar Power in Banyan
* Data from The Bureau of Meteorology (BOM). Closest weather station to Banyan: Boigbeat - approx. 11.3 km
Featured Solar Installers Servicing Banyan
Community Solar Statistics - Banyan, 3485
Banyan Demographics
Banyan and the postcode of 3485 has a total population of 249 people, with a median age of 58 years. There are 169 households in Banyan, with an average of 0.6 people per bedroom. The average number of people per household is 2 with a median income of 876 per week per household.
About 63% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Banyan is $520/month. By installing solar power in Banyan, the average household could save 23.54% of their monthly mortage, resulting in approximately a $202322 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 3.23% of household income. Clearly, installing solar power in Banyan is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Banyan
Banyan is a small town located in the state of Victoria, Australia. It is situated in the Shire of Buloke and has a population of approximately 200 people. The town is known for its peaceful and relaxed atmosphere, making it a great place to live or visit.
One of the main attractions of Banyan is the beautiful natural scenery that surrounds it. The town is located near several mountain ranges, including the Pyrenees and the Grampians. These ranges provide a stunning backdrop for the town and offer plenty of opportunities for outdoor activities like hiking and camping.
With its sunny climate and long daylight hours, Banyan is an ideal location for producing solar power. The town receives an average of 5.5 hours of sunlight per day, making it a great place to install solar panels. Solar power is a clean and renewable energy source that can help reduce greenhouse gas emissions and lower energy costs for residents and businesses in Banyan. By working with local solar installers, residents can take advantage of the town's abundant sunshine to generate their own electricity and reduce their dependence on the grid.