Solar Power Profile - Colac, VIC 3250
More than 1321 homes in postcode 3250 have solar panels installed, which includes the towns of Colac, Colac East, Colac West and Elliminyt.
In terms of solar power, collectively that's a whopping 7,824 kW of solar panels installed that are generating on average 28,135 kWh per day, or 10,269 MWh per year. This means the average solar-powered home in this area is saving $1,341.375 per year, which combined saves this community approximately $1,797,123.125 per year.
Colac and 3250 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 8,523.27 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 71,027,250 km worth of car emissions.
Solar Ranking
Postcode 3250
179th
State Wide
868th
Australia Wide
Solar Power in Colac
* Data from The Bureau of Meteorology (BOM). Closest weather station to Colac: Colac (shire Office) - approx. 196 m
Featured Solar Installers Servicing Colac
Community Solar Statistics - Colac, 3250
Colac Demographics
Colac and the postcode of 3250 has a total population of 11764 people, with a median age of 42 years. There are 5593 households in Colac, with an average of 0.7 people per bedroom. The average number of people per household is 2.3 with a median income of 1250 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 Colac is $1300/month. By installing solar power in Colac, the average household could save 8.6% of their monthly mortage, resulting in approximately a $73891 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 2.06% of household income. Clearly, installing solar power in Colac is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Colac
Colac VIC 3250 is a charming town located in the heart of the Otway Ranges in Victoria, Australia. The town is surrounded by lush greenery, rolling hills, and stunning mountain ranges, making it an ideal location for nature lovers. Visitors can explore the Great Otway National Park, which is home to several walking trails, waterfalls, and wildlife. The town also boasts a rich cultural heritage, with several museums and art galleries showcasing the history and art of the region.
Colac VIC 3250 enjoys a moderate climate with warm summers and cool winters, making it an excellent location for solar power. The town receives an average of 5.5 hours of sunshine per day, which is ideal for producing solar energy. Solar installers in Colac VIC 3250 can take advantage of the optimal solar panel angle and orientation to maximize solar yields. While potential shading issues should be considered, the benefits of installing solar panels in Colac VIC 3250 far outweigh the potential drawbacks.
Installing solar panels in Colac VIC 3250 is a smart investment for homeowners and businesses alike. Not only does it help reduce energy costs and carbon footprint, but it also increases property value. With the government incentives and rebates available for renewable energy, solar power is an affordable and sustainable energy solution for the residents of Colac VIC 3250. Solar installers in the area can help homeowners and businesses navigate the process of installing solar panels and ensure that they are getting the most out of their investment.