Solar Power Profile - Cotham, VIC 3101
More than 1453 homes in postcode 3101 have solar panels installed, which includes the towns of Cotham and Kew.
In terms of solar power, collectively that's a whopping 9,466 kW of solar panels installed that are generating on average 33,816 kWh per day, or 12,343 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 $2,159,997 per year.
Cotham and 3101 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 10,244.69 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 85,372,417 km worth of car emissions.
Solar Ranking
Postcode 3101
150th
State Wide
755th
Australia Wide
Solar Power in Cotham
* Data from The Bureau of Meteorology (BOM). Closest weather station to Cotham: Hawthorn (scotch College) - approx. 3.4 km
Featured Solar Installers Servicing Cotham
Community Solar Statistics - Cotham, 3101
Cotham Demographics
Cotham and the postcode of 3101 has a total population of 22614 people, with a median age of 41 years. There are 10296 households in Cotham, with an average of 0.8 people per bedroom. The average number of people per household is 2.5 with a median income of 2497 per week per household.
About 60% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Cotham is $3000/month. By installing solar power in Cotham, the average household could save 4.08% of their monthly mortage, resulting in approximately a $35069 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 1.13% of household income. Clearly, installing solar power in Cotham is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Cotham
COTHAM VIC 3101 is a charming suburb located in the eastern suburbs of Melbourne, Australia. It is known for its picturesque tree-lined streets, historic architecture, and vibrant community. The town boasts a range of amenities, including cafes, restaurants, shops, and parks, making it an ideal place to live or visit.
When it comes to solar power, COTHAM VIC 3101 is an excellent location due to its high levels of sunshine throughout the year. The town experiences an average of 5.5 hours of sunshine per day, providing ample opportunity for solar energy production. Additionally, the town's flat terrain and lack of shading issues make it an optimal location for solar panel installation.
By installing solar panels in COTHAM VIC 3101, residents and businesses can enjoy a range of benefits, including reduced energy bills, increased property value, and a reduced carbon footprint. Solar power is a clean and renewable energy source that can help to reduce reliance on fossil fuels and combat climate change. There are a number of reputable solar installers in the area who can help residents and businesses to take advantage of these benefits.