Solar Power Profile - East Melbourne, VIC 3002
More than 90 homes in postcode 3002 have solar panels installed, which includes the towns of East Melbourne.
In terms of solar power, collectively that's a whopping 765 kW of solar panels installed that are generating on average 2,750 kWh per day, or 1,004 MWh per year. This means the average solar-powered home in this area is saving $1,980.125 per year, which combined saves this community approximately $175,656.25 per year.
East Melbourne and 3002 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 833.32 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 6,944,333 km worth of car emissions.
Solar Ranking
Postcode 3002
534th
State Wide
2061st
Australia Wide
Solar Power in East Melbourne
* Data from The Bureau of Meteorology (BOM). Closest weather station to East Melbourne: Melbourne (olympic Park) - approx. 1 km
Featured Solar Installers Servicing East Melbourne
Community Solar Statistics - East Melbourne, 3002
East Melbourne Demographics
East Melbourne and the postcode of 3002 has a total population of 4305 people, with a median age of 42 years. There are 3255 households in East Melbourne, with an average of 0.9 people per bedroom. The average number of people per household is 1.8 with a median income of 2345 per week per household.
About 33% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in East Melbourne is $2383/month. By installing solar power in East Melbourne, the average household could save 6.92% of their monthly mortage, resulting in approximately a $59505 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 1.62% of household income. Clearly, installing solar power in East Melbourne is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About East Melbourne
East Melbourne is a suburb located just two kilometers east of Melbourne's central business district. It is known for its beautiful Victorian-era architecture, tree-lined streets, and proximity to some of Melbourne's most popular attractions. One of the most notable features of East Melbourne is the Fitzroy Gardens, a 26-hectare park that includes a conservatory, a model Tudor village, and a miniature Tudor village.
East Melbourne is also home to a number of historic landmarks, including the Parliament House of Victoria and the Melbourne Cricket Ground. The suburb is known for its vibrant arts and culture scene, with numerous galleries and theaters located throughout the area.
With its abundant sunshine and relatively mild climate, East Melbourne is an ideal location for solar power. Homeowners and businesses in the area can benefit from installing solar panels to reduce their energy bills and decrease their carbon footprint. Solar installers in East Melbourne can help property owners determine the optimal panel angle and orientation to maximize solar yields, while also addressing any potential shading issues that may impact system performance.