Solar Power Profile - Lake Eppalock, VIC 3551
More than 6670 homes in postcode 3551 have solar panels installed, which includes the towns of Lake Eppalock, Bendigo Forward, Arnold, Arnold West, Ascot, Axe Creek, Axedale, Bagshot, Bagshot North, Cornella, Creek View, Emu Creek, Eppalock, Epsom, Huntly, Huntly North, Junortoun, Kimbolton, Llanelly, Lockwood, Lockwood South, Longlea, Maiden Gully, Mandurang, Mandurang South, Minto, Mosquito Creek, Murphys Creek, Myola, Myola East, Myrtle Creek, Newbridge, Painswick, Pilchers Bridge, Sedgwick, Strathfieldsaye, Tarnagulla, Toolleen, Waanyarra, Wellsford and Woodstock On Loddon.
In terms of solar power, collectively that's a whopping 41,254 kW of solar panels installed that are generating on average 167,027 kWh per day, or 60,965 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 $10,668,849.625 per year.
Lake Eppalock and 3551 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 50,600.95 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 421,674,583 km worth of car emissions.
Solar Ranking
Postcode 3551
9th
State Wide
89th
Australia Wide
Solar Power in Lake Eppalock
* Data from The Bureau of Meteorology (BOM). Closest weather station to Lake Eppalock: Eppalock Reservoir - approx. 4.7 km
Featured Solar Installers Servicing Lake Eppalock
Community Solar Statistics - Lake Eppalock, 3551
Lake Eppalock Demographics
Lake Eppalock and the postcode of 3551 has a total population of 33777 people, with a median age of 37 years. There are 12609 households in Lake Eppalock, with an average of 0.8 people per bedroom. The average number of people per household is 2.9 with a median income of 2012 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 Lake Eppalock is $1625/month. By installing solar power in Lake Eppalock, the average household could save 8.19% of their monthly mortage, resulting in approximately a $70373 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 1.53% of household income. Clearly, installing solar power in Lake Eppalock is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Lake Eppalock
Arnold is a charming town located in Victoria, Australia. Situated in the northeast of Melbourne, Arnold is known for its beautiful natural surroundings and rich history. The town is surrounded by the stunning Great Dividing Range, which offers breathtaking views and a variety of outdoor activities such as hiking, camping, and skiing.
Arnold is also home to several landmarks and attractions, including the historic Old Post Office, the scenic Lake Eildon National Park, and the popular Mansfield Zoo. Visitors can enjoy a range of outdoor activities, such as fishing, boating, and swimming in the lake, or exploring the local wineries and breweries.
With its sunny climate and high levels of solar radiation, Arnold is an ideal location for solar power. The town receives an average of 5.5 hours of sunshine per day, making it an excellent choice for solar panel installation. Solar power is a clean and renewable energy source that can help reduce greenhouse gas emissions and lower energy costs. By installing solar panels in Arnold, homeowners and businesses can take advantage of the town's sunny climate to generate their own electricity and reduce their reliance on the grid. Solar installers in Arnold can help residents choose the best solar panel angle and orientation to maximise solar yields and avoid potential shading issues.