Solar Power Profile - North Melbourne, VIC 3051
More than 264 homes in postcode 3051 have solar panels installed, which includes the towns of North Melbourne and Hotham Hill.
In terms of solar power, collectively that's a whopping 1,805 kW of solar panels installed that are generating on average 6,493 kWh per day, or 2,370 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 $414,740.375 per year.
North Melbourne and 3051 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 1,967.1 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 16,392,500 km worth of car emissions.
Solar Ranking
Postcode 3051
416th
State Wide
1682nd
Australia Wide
Solar Power in North Melbourne
* Data from The Bureau of Meteorology (BOM). Closest weather station to North Melbourne: Melbourne Regional Office - approx. 2.7 km
Featured Solar Installers Servicing North Melbourne
Community Solar Statistics - North Melbourne, 3051
North Melbourne Demographics
North Melbourne and the postcode of 3051 has a total population of 13036 people, with a median age of 31 years. There are 8072 households in North Melbourne, with an average of 1 people per bedroom. The average number of people per household is 2 with a median income of 1717 per week per household.
About 27% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in North Melbourne is $2035/month. By installing solar power in North Melbourne, the average household could save 6.54% of their monthly mortage, resulting in approximately a $56195 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 1.79% of household income. Clearly, installing solar power in North Melbourne is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About North Melbourne
Hotham Hill is a small suburb located just north of Melbourne's central business district. Despite its small size, the area is packed with features and attractions that make it a popular destination for both locals and tourists. One of the most notable features of the area is its beautiful architecture, with many of the buildings dating back to the late 19th century. In addition to its stunning architecture, Hotham Hill is also home to a number of parks and green spaces, including the popular Royal Park.
When it comes to solar power, Hotham Hill is an excellent location due to its high levels of sunshine throughout the year. With an average of over 2000 hours of sunshine annually, the area is well-suited for solar panel installation. Additionally, the town's relatively flat topography and lack of tall buildings make it easy to find optimal angles and orientations for solar panels, maximizing energy yields. For those interested in installing solar panels in Hotham Hill, there are a number of reputable solar installers in the area who can help with the process.
Overall, Hotham Hill is a great location for solar power, with its sunny weather and flat topography making it an ideal place for solar panel installation. By taking advantage of the area's abundant sunshine, residents and businesses in Hotham Hill can save money on their energy bills while also reducing their carbon footprint.