Solar Power Profile - Eldorado, VIC 3746
More than 131 homes in postcode 3746 have solar panels installed, which includes the towns of Eldorado.
In terms of solar power, collectively that's a whopping 609 kW of solar panels installed that are generating on average 2,479 kWh per day, or 905 MWh per year. This means the average solar-powered home in this area is saving $1,213.625 per year, which combined saves this community approximately $158,346.125 per year.
Eldorado and 3746 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 751.15 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 6,259,583 km worth of car emissions.
Solar Ranking
Postcode 3746
556th
State Wide
2132nd
Australia Wide
Solar Power in Eldorado
* Data from The Bureau of Meteorology (BOM). Closest weather station to Eldorado: Eldorado - approx. 1.6 km
Featured Solar Installers Servicing Eldorado
Shannon Fraser Solar & Electrical
50 Thomas Street, 3677For all your solar power and electrical needs.
Community Solar Statistics - Eldorado, 3746
Eldorado Demographics
Eldorado and the postcode of 3746 has a total population of 363 people, with a median age of 52 years. There are 173 households in Eldorado, with an average of 0.8 people per bedroom. The average number of people per household is 2.3 with a median income of 1312 per week per household.
About 80% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Eldorado is $1300/month. By installing solar power in Eldorado, the average household could save 7.78% of their monthly mortage, resulting in approximately a $66854 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 1.78% of household income. Clearly, installing solar power in Eldorado is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Eldorado
Located in the north-eastern part of Victoria, Eldorado is a small town with a population of just over 300 people. The town is situated in the Shire of Indigo and is surrounded by stunning natural beauty, including the Warby Ranges and the Chiltern-Mt Pilot National Park. Eldorado is known for its rich history, with gold mining being a significant part of its past. Visitors can explore the historic gold mining sites, including the Eldorado Dredge, which is one of the largest dredges in the southern hemisphere.
Eldorado enjoys a temperate climate with warm summers and cool winters. The town receives an average of 2,500 hours of sunshine annually, making it an ideal location for solar power. With the optimal solar panel angle and orientation, residents can benefit from high solar yields throughout the year. While shading may be an issue in some areas, experienced solar installers can help design a solar system that maximizes energy production.
Installing solar energy in Eldorado can provide numerous benefits, including reducing electricity bills and carbon footprint. With the abundance of sunshine, residents can generate their electricity sustainably while contributing to the transition to renewable energy. Solar power is a cost-effective solution that can provide energy independence and security, especially in remote areas. By harnessing the power of the sun, Eldorado can become a shining example of a sustainable community.