Solar Power Profile - Caulfield, VIC 3162
More than 1054 homes in postcode 3162 have solar panels installed, which includes the towns of Caulfield, Caulfield South and Hopetoun Gardens.
In terms of solar power, collectively that's a whopping 6,694 kW of solar panels installed that are generating on average 24,073 kWh per day, or 8,787 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 $1,537,662.875 per year.
Caulfield and 3162 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 7,293.21 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 60,776,750 km worth of car emissions.
Solar Ranking
Postcode 3162
208th
State Wide
959th
Australia Wide
Solar Power in Caulfield
* Data from The Bureau of Meteorology (BOM). Closest weather station to Caulfield: Caulfield (racecourse) - approx. 1 km
Featured Solar Installers Servicing Caulfield
Community Solar Statistics - Caulfield, 3162
Caulfield Demographics
Caulfield and the postcode of 3162 has a total population of 16971 people, with a median age of 41 years. There are 7336 households in Caulfield, with an average of 0.8 people per bedroom. The average number of people per household is 2.5 with a median income of 2289 per week per household.
About 64% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Caulfield is $2798/month. By installing solar power in Caulfield, the average household could save 4.38% of their monthly mortage, resulting in approximately a $37601 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 1.23% of household income. Clearly, installing solar power in Caulfield is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Caulfield
CAULFIELD VIC 3162 is a suburb located in the south-east of Melbourne, Australia. It is known for its vibrant community and diverse range of attractions. The suburb is home to several parks and gardens, including Caulfield Park, which features a lake, playgrounds, and picnic areas. Other notable attractions include the Caulfield Racecourse, which hosts several major horse racing events throughout the year, and the Glen Eira Sports and Aquatic Centre, which offers a range of sporting facilities.
CAULFIELD VIC 3162 enjoys a temperate climate with plenty of sunshine throughout the year. The suburb experiences an average of 2,200 hours of sunshine annually, making it an ideal location for solar power. Solar panels installed in CAULFIELD VIC 3162 can produce high yields due to the optimal solar panel angle and orientation. However, potential shading issues should be considered before installing solar panels. Overall, the weather in CAULFIELD VIC 3162 is conducive to producing solar power and can provide significant benefits to homeowners and businesses looking to reduce their energy costs and carbon footprint.
Installing solar energy in CAULFIELD VIC 3162 can provide several benefits, including reduced energy costs, increased energy independence, and a reduced carbon footprint. Homeowners and businesses can take advantage of government incentives and rebates to offset the cost of installation and enjoy long-term savings on their energy bills. Solar installers in CAULFIELD VIC 3162 can provide expert advice and guidance on the best solar solutions for individual needs and can help to ensure that solar panels are installed correctly and safely. By investing in solar power, residents of CAULFIELD VIC 3162 can take a proactive step towards a more sustainable future.