Lane Cove North Solar Power Systems
As at March – 2024, Lane Cove North solar power installations have taken place on 2,008 homes (postcode area 2066).
Lane Cove North has 6,420 homes so that equals a solar penetration of 31%.
This is lower than the state average of New South Wales which has a statewide solar household penetration of 37%. So Lane Cove North is almost there compared to the rest of the state.
The best performing suburb in New South Wales when it comes to the proportion of homes that have had solar power systems installed is Berrigal with a solar household penetration of 70%.
With statewide solar household penetration of 37%, New South Wales is almost there compared to the rest of the country which has solar penetration of 40%.
Lane Cove North Solar Power Statistics:
Number of homes: 6,420
Number of homes with solar: 2,008
Household solar power system penetration: 31%
Statewide household solar power penetration: 37%
National household solar power penetration: 40%
We estimate that last year, the homeowners in Lane Cove North collectively saved $3,810,453 off their power bills! That’s money going straight back into the local Lane Cove North community.
Solar Panels Lane Cove North Pricing Information
According to our research, the average price for a 6.6kW solar system in Lane Cove North is $4,000.
For a well performing solar system in Lane Cove North, we estimate that the electricity generated will be approximately 22 kWh/day.
If 50% of the 22kWh is consumed in the home, and the remainder exported into the electricity grid, we estimate that the annual saving on a typical power bill is $1,597 per year.
This represents a simple payback time of 2.5 years which is a great return on investment.