Solar Power Profile - Terang, VIC 3264
More than 296 homes in postcode 3264 have solar panels installed, which includes the towns of Terang.
In terms of solar power, collectively that's a whopping 2,341 kW of solar panels installed that are generating on average 8,307 kWh per day, or 3,032 MWh per year. This means the average solar-powered home in this area is saving $1,788.5 per year, which combined saves this community approximately $530,609.625 per year.
Terang and 3264 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 2,516.56 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 20,971,333 km worth of car emissions.
Solar Ranking
Postcode 3264
374th
State Wide
1551st
Australia Wide
Solar Power in Terang
* Data from The Bureau of Meteorology (BOM). Closest weather station to Terang: Terang - approx. 2.1 km
Featured Solar Installers Servicing Terang
Leahy's Electrical Services
6 Scott Street, 3280Powering Southwest Victoria with Quality Electrical Solutions
Community Solar Statistics - Terang, 3264
Terang Demographics
Terang and the postcode of 3264 has a total population of 2067 people, with a median age of 49 years. There are 1046 households in Terang, with an average of 0.7 people per bedroom. The average number of people per household is 2.2 with a median income of 1162 per week per household.
About 66% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Terang is $1066/month. By installing solar power in Terang, the average household could save 13.98% of their monthly mortage, resulting in approximately a $120149 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 2.96% of household income. Clearly, installing solar power in Terang is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Terang
Terang is a charming town located in the Western District of Victoria, Australia. It is situated on the Princes Highway and is known for its rich history, beautiful architecture, and friendly locals. The town boasts a number of attractions, including the Terang Heritage Trail, which takes visitors on a journey through the town's past, and the Terang Golf Club, which offers stunning views of the surrounding countryside. Other popular attractions include the Terang Swimming Pool, the Terang Harness Racing Club, and the Terang Market.
Terang 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 Terang can take advantage of the town's optimal solar panel angle and orientation to achieve maximum solar yields. However, it is important to note that potential shading issues should be taken into consideration when installing solar panels.
The benefits of solar power in Terang are numerous. By installing solar energy systems, residents and businesses can reduce their reliance on non-renewable energy sources and lower their carbon footprint. Solar power is also a cost-effective solution, with many solar installers offering financing options and government incentives available to help offset the initial investment. Additionally, solar power systems require minimal maintenance and can provide a reliable source of energy for years to come.