Solar Power Profile - Fernbank, VIC 3864
More than 53 homes in postcode 3864 have solar panels installed, which includes the towns of Fernbank, Glenaladale and The Fingerboard.
In terms of solar power, collectively that's a whopping 374 kW of solar panels installed that are generating on average 1,336 kWh per day, or 488 MWh per year. This means the average solar-powered home in this area is saving $1,596.875 per year, which combined saves this community approximately $85,337 per year.
Fernbank and 3864 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 405.04 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 3,375,333 km worth of car emissions.
Solar Ranking
Postcode 3864
611st
State Wide
2296th
Australia Wide
Solar Power in Fernbank
* Data from The Bureau of Meteorology (BOM). Closest weather station to Fernbank: Mitchell River @ Glenaladale - approx. 6.9 km
Featured Solar Installers Servicing Fernbank
Community Solar Statistics - Fernbank, 3864
Fernbank Demographics
Fernbank and the postcode of 3864 has a total population of 217 people, with a median age of 48 years. There are 99 households in Fernbank, with an average of 0.8 people per bedroom. The average number of people per household is 2.5 with a median income of 1274 per week per household.
About 83% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Fernbank is $1218/month. By installing solar power in Fernbank, the average household could save 10.93% of their monthly mortage, resulting in approximately a $93888 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 2.41% of household income. Clearly, installing solar power in Fernbank is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Fernbank
FERNBANK VIC 3864 is a small town located in the East Gippsland region of Victoria, Australia. The town is surrounded by beautiful natural landscapes, including the Mitchell River National Park and the Gippsland Lakes Coastal Park. Visitors to FERNBANK can enjoy hiking, fishing, and camping in these stunning areas.
With an average of 2,200 hours of sunshine per year, FERNBANK is an ideal location for solar power. The optimal angle for solar panels in this area is between 20 and 30 degrees, facing north. While there may be some shading issues due to the surrounding trees and hills, a qualified solar installer can help design a system that maximizes solar yields.
By installing solar energy systems in FERNBANK, residents and businesses can take advantage of the abundant sunshine to generate their own renewable energy. This not only reduces dependence on fossil fuels but also saves money on electricity bills. Additionally, the Australian government offers incentives and rebates for installing solar power systems, making it an even more attractive option for those looking to go solar.