Solar Power Profile - Hopetoun Park, VIC 3340
More than 3419 homes in postcode 3340 have solar panels installed, which includes the towns of Hopetoun Park, Bacchus Marsh, Balliang, Balliang East, Coimadai, Darley, Glenmore, Long Forest, Maddingley, Merrimu, Parwan, Rowsley and Staughton Vale.
In terms of solar power, collectively that's a whopping 19,420 kW of solar panels installed that are generating on average 69,375 kWh per day, or 25,322 MWh per year. This means the average solar-powered home in this area is saving $1,277.5 per year, which combined saves this community approximately $4,431,328.125 per year.
Hopetoun Park and 3340 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 21,017.26 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 175,143,833 km worth of car emissions.
Solar Ranking
Postcode 3340
43rd
State Wide
317th
Australia Wide
Solar Power in Hopetoun Park
* Data from The Bureau of Meteorology (BOM). Closest weather station to Hopetoun Park: Melton - approx. 7.1 km
Featured Solar Installers Servicing Hopetoun Park
Community Solar Statistics - Hopetoun Park, 3340
Hopetoun Park Demographics
Hopetoun Park and the postcode of 3340 has a total population of 24180 people, with a median age of 37 years. There are 9742 households in Hopetoun Park, with an average of 0.8 people per bedroom. The average number of people per household is 2.7 with a median income of 1806 per week per household.
About 72% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Hopetoun Park is $1733/month. By installing solar power in Hopetoun Park, the average household could save 6.14% of their monthly mortage, resulting in approximately a $52790 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 1.36% of household income. Clearly, installing solar power in Hopetoun Park is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Hopetoun Park
Bacchus Marsh is a town located in Victoria, Australia. It is situated approximately 50 kilometers north-west of Melbourne and is part of the Moorabool Shire. The town is known for its beautiful parks, gardens, and natural attractions. One of the most popular attractions in Bacchus Marsh is the Lerderderg State Park, which offers a range of outdoor activities such as hiking, camping, and picnicking. Another popular attraction is the Avenue of Honour, a memorial to the soldiers who fought in World War I.
Bacchus Marsh enjoys a temperate climate with warm summers and cool winters. The town experiences an average of 2,200 hours of sunshine per year, making it an ideal location for solar power. Solar installers in Bacchus Marsh can take advantage of the town's optimal solar panel angle and orientation to maximize solar yields. However, potential shading issues should also be considered when installing solar panels.
The benefits of solar power in Bacchus Marsh are numerous. Not only does it provide a clean and renewable source of energy, but it also helps to reduce electricity bills and carbon emissions. Installing solar panels can also increase the value of a property and provide a return on investment in the long run. With the increasing demand for renewable energy, Bacchus Marsh is an ideal location for solar power and solar installers.