Solar Power Profile - Park Orchards, VIC 3114
More than 445 homes in postcode 3114 have solar panels installed, which includes the towns of Park Orchards.
In terms of solar power, collectively that's a whopping 3,042 kW of solar panels installed that are generating on average 10,578 kWh per day, or 3,861 MWh per year. This means the average solar-powered home in this area is saving $1,533 per year, which combined saves this community approximately $675,669.75 per year.
Park Orchards and 3114 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 3,204.63 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 26,705,250 km worth of car emissions.
Solar Ranking
Postcode 3114
332nd
State Wide
1405th
Australia Wide
Solar Power in Park Orchards
* Data from The Bureau of Meteorology (BOM). Closest weather station to Park Orchards: Ringwood North - approx. 3 km
Featured Solar Installers Servicing Park Orchards
Community Solar Statistics - Park Orchards, 3114
Park Orchards Demographics
Park Orchards and the postcode of 3114 has a total population of 3687 people, with a median age of 45 years. There are 1225 households in Park Orchards, with an average of 0.8 people per bedroom. The average number of people per household is 3.2 with a median income of 3155 per week per household.
About 90% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Park Orchards is $3000/month. By installing solar power in Park Orchards, the average household could save 4.26% of their monthly mortage, resulting in approximately a $36594 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 0.93% of household income. Clearly, installing solar power in Park Orchards is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Park Orchards
Park Orchards is a beautiful suburb located in the northeastern part of Melbourne, Victoria, Australia. It is situated approximately 23 km from Melbourne's central business district and is known for its lush greenery, serene environment, and quiet neighborhoods. The suburb is home to several parks, reserves, and playgrounds, including the Domeney Reserve and the Koomba Park.
With an average of 2200 sunshine hours per year and a moderate climate, Park Orchards is an ideal location for solar power installation. The suburb has a high potential for solar yields due to its optimal solar panel angle and orientation. Additionally, there are minimal shading issues in the area, making it easier to harness solar energy.
By installing solar panels in Park Orchards, residents can benefit from reduced energy bills, lower carbon footprint, and increased property value. Solar installers in the area can help homeowners and businesses navigate the process of solar panel installation, ensuring that they get the best possible results from their investment in renewable energy.