Solar Power Profile - South Yarra, VIC 3141
More than 382 homes in postcode 3141 have solar panels installed, which includes the towns of South Yarra, Domain Road Po and Chapel Street North.
In terms of solar power, collectively that's a whopping 2,337 kW of solar panels installed that are generating on average 8,405 kWh per day, or 3,068 MWh per year. This means the average solar-powered home in this area is saving $1,405.25 per year, which combined saves this community approximately $536,869.375 per year.
South Yarra and 3141 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 2,546.44 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 21,220,333 km worth of car emissions.
Solar Ranking
Postcode 3141
375th
State Wide
1553rd
Australia Wide
Solar Power in South Yarra
* Data from The Bureau of Meteorology (BOM). Closest weather station to South Yarra: Melbourne Botanical Gardens - approx. 1.1 km
Featured Solar Installers Servicing South Yarra
Community Solar Statistics - South Yarra, 3141
South Yarra Demographics
South Yarra and the postcode of 3141 has a total population of 22411 people, with a median age of 33 years. There are 16627 households in South Yarra, with an average of 0.9 people per bedroom. The average number of people per household is 1.7 with a median income of 2063 per week per household.
About 28% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in South Yarra is $2100/month. By installing solar power in South Yarra, the average household could save 5.58% of their monthly mortage, resulting in approximately a $47921 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 1.31% of household income. Clearly, installing solar power in South Yarra is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About South Yarra
Chapel Street North is a vibrant and bustling suburb located in the heart of Melbourne, Victoria. The area is known for its trendy cafes, boutique shops, and lively nightlife, making it a popular destination for locals and tourists alike. One of the main attractions of Chapel Street North is the Prahran Market, which offers a wide variety of fresh produce, gourmet foods, and specialty items. Another popular landmark is the Chapel Off Chapel theatre, which hosts a range of performances throughout the year.
When it comes to solar power, Chapel Street North is an ideal location due to its high levels of sunshine throughout the year. The town experiences an average of 5.5 hours of sunlight per day, making it a great place to install solar panels and generate renewable energy. Additionally, the optimal angle for solar panels in Chapel Street North is around 30 degrees, and they should be facing north to maximise solar yields. While shading can be an issue in some areas, a reputable solar installer can help to identify and mitigate any potential issues.
By installing solar panels in Chapel Street North, residents and businesses can enjoy a range of benefits. Not only can they reduce their reliance on fossil fuels and lower their carbon footprint, but they can also save money on their energy bills. Additionally, the Australian government offers a range of incentives and rebates for those who install solar panels, making it an even more attractive option. With its sunny climate and forward-thinking community, Chapel Street North is the perfect location for anyone looking to harness the power of solar energy.