Solar Power Profile - Elwood, VIC 3184
More than 548 homes in postcode 3184 have solar panels installed, which includes the towns of Elwood and Brighton Road.
In terms of solar power, collectively that's a whopping 2,597 kW of solar panels installed that are generating on average 9,338 kWh per day, or 3,408 MWh per year. This means the average solar-powered home in this area is saving $1,085.875 per year, which combined saves this community approximately $596,464.75 per year.
Elwood and 3184 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 2,828.64 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 23,572,000 km worth of car emissions.
Solar Ranking
Postcode 3184
353rd
State Wide
1491st
Australia Wide
Solar Power in Elwood
* Data from The Bureau of Meteorology (BOM). Closest weather station to Elwood: Caulfield (racecourse) - approx. 4.5 km
Featured Solar Installers Servicing Elwood
Community Solar Statistics - Elwood, 3184
Elwood Demographics
Elwood and the postcode of 3184 has a total population of 13885 people, with a median age of 38 years. There are 8628 households in Elwood, with an average of 0.9 people per bedroom. The average number of people per household is 1.9 with a median income of 2096 per week per household.
About 40% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Elwood is $2300/month. By installing solar power in Elwood, the average household could save 3.93% of their monthly mortage, resulting in approximately a $33810 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% of household income. Clearly, installing solar power in Elwood is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Elwood
Brighton Road is a bustling street located in the suburb of Brighton, Victoria, postcode 3184. The area is known for its beautiful beaches, luxury homes, and high-end shopping. The street is lined with cafes, restaurants, and boutique stores, making it a popular destination for locals and tourists alike.
With an average of 2,200 sunshine hours per year, Brighton Road is an ideal location for solar power. Homeowners and businesses in the area can benefit from installing solar panels on their roofs, which can generate significant savings on energy bills. Solar installers in the area can help residents determine the optimal panel angle and orientation, taking into account any potential shading issues.
By investing in solar energy, residents of Brighton Road can not only save money but also contribute to a more sustainable future. Solar power is a renewable energy source that reduces reliance on fossil fuels and helps to reduce greenhouse gas emissions. With the abundance of sunshine in the area, Brighton Road is an ideal location for solar power, and residents can take advantage of the many benefits that come with it.