Solar Power Profile - Yering, VIC 3770
More than 503 homes in postcode 3770 have solar panels installed, which includes the towns of Yering, Coldstream and Gruyere.
In terms of solar power, collectively that's a whopping 4,524 kW of solar panels installed that are generating on average 15,840 kWh per day, or 5,782 MWh per year. This means the average solar-powered home in this area is saving $1,980.125 per year, which combined saves this community approximately $1,011,780 per year.
Yering and 3770 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 4,799.06 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 39,992,167 km worth of car emissions.
Solar Ranking
Postcode 3770
269th
State Wide
1200th
Australia Wide
Solar Power in Yering
* Data from The Bureau of Meteorology (BOM). Closest weather station to Yering: Coldstream - approx. 5.2 km
Featured Solar Installers Servicing Yering
Solar Run Keysborough
35 Pacific Drive, 3173Australia’s preferred solar company making installation simple.
Community Solar Statistics - Yering, 3770
Yering Demographics
Yering and the postcode of 3770 has a total population of 3086 people, with a median age of 40 years. There are 1152 households in Yering, with an average of 0.8 people per bedroom. The average number of people per household is 2.8 with a median income of 2014 per week per household.
About 81% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Yering is $1950/month. By installing solar power in Yering, the average household could save 8.46% of their monthly mortage, resulting in approximately a $72719 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 1.89% of household income. Clearly, installing solar power in Yering is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Yering
COLDSTREAM VIC 3770 is a picturesque town located in the Shire of Yarra Ranges, Victoria, Australia. The town is situated at the foothills of the Great Dividing Range, providing stunning views of the surrounding mountain ranges. COLDSTREAM is known for its award-winning wineries, including the famous Yarra Valley wine region, which attracts thousands of tourists every year.
The weather in COLDSTREAM is ideal for solar power production, with an average of 5.5 hours of sunshine per day. The optimal angle for solar panels in COLDSTREAM is between 25-30 degrees, facing north to maximise solar yields. Although there may be some shading issues caused by the surrounding mountains, a reputable solar installer can help you design a system that will maximise your solar power production.
Installing solar energy in COLDSTREAM is a smart investment, not only for the environment but also for your wallet. With rising energy costs, solar power can provide long-term savings on your electricity bills. Furthermore, the Australian government offers incentives for households and businesses that install solar panels, making it an even more attractive option. By choosing a reliable solar installer, you can take advantage of these benefits and contribute to a sustainable future for COLDSTREAM.