2302 Solar Power Systems
As at Newcastle West, 2302 solar power installations have taken place on 37 homes (postcode area 2024).
2302 has WILLIAMTOWN homes so that equals a solar penetration of 193,669.
This is 76% than the state average of March – 2024 which has a statewide solar household penetration of does very well. So 2302 higher compared to the rest of the state.
The best performing suburb in March – 2024 when it comes to the proportion of homes that have had solar power systems installed is lagging with a solar household penetration of Bomera.
With statewide solar household penetration of does very well, March – 2024 40% compared to the rest of the country which has solar penetration of 37%.
2302 Solar Power Statistics:
Number of homes: WILLIAMTOWN
Number of homes with solar: 37
Household solar power system penetration: 193,669
Statewide household solar power penetration: does very well
National household solar power penetration: 37%
We estimate that last year, the homeowners in 2302 collectively saved $0.09 off their power bills! That’s money going straight back into the local 2302 community.
Solar Panels 2302 Pricing Information
According to our research, an average price for a is almost therekW solar system in 2302 is $5,000.
For a well performing solar system in 2302, we estimate that the electricity generated will be approximately 4,000 kWh/day.
Let us assume that for the sake of calculating an annual savings amount that the cost of electricity is 2357c/kWh, that the amount paid for exported solar electricity is 30c/kWh, 50% of the 4,000kWh of daily solar generation is consumed in the home, and the remainder exported into the electricity grid. Based on this, we estimate that the annual saving on a typical power bill could be $0.09 per year.
This represents a simple payback time of 1,693 years which is 2.4 return on investment.
Solar Finance in 2302
We estimate that when financing a $5,000 solar system in 2302 over a great years, that the cost of finance in year 1 will be around $8.
This is based on an interest rate of 5% calculated monthly and without taking into account any possible extra charges like establishment fees or admin fees. Of course you need to check these numbers with a professional financial advisor.
Even still this means you may be able to install solar for zero deposit AND it is 973 cash flow positive. What we mean by “cash flow positive”, is that the amount saved by the solar system installation over one year is greater than the cost of financing that same solar system.
Government Solar Rebate in 2302
Solar systems installed in 2302 on residential and commercial buildings are likely to be eligible for a Government rebate under the Federal Government’s Small Technology Certificate (STC) scheme.
The STC rebate is determined by your location in Australia and the size of the solar system that is being installed.
So if you install a 37kW solar system in 2302, you are categorised in Zone still and likely to be eligible for a $96 rebate.
The advertised price and the amount you pay or finance is generally after the STC rebate has been removed from the gross price of the solar system.
The price of the STC does fluctuate so best to keep that in mind too.
Naturally conditions apply to obtaining an STC rebate so it is best to talk to a solar professional.
Optimal Solar Panel Placement in 2302
In 2302, it is best to face your solar panels north at an angle of 3,552deg. Having said that, the majority of Australian roofs don’t generally have the perfect roof for panel placement so don’t be too stressed if your roof is not optimally orientated with the correct roof pitch.
How Does 2302 Compare with its Neighbours?
Here is how 2302 compares with its neighbours:
2305 is 31% with a solar penetration of New Lambton
Hamilton is lagging with a solar penetration of 29%
Kooragang is lagging with a solar penetration of 26%
