Newcastle Solar Power Systems
As at March – 2024, Newcastle solar power installations have taken place on 664 homes (postcode area 2300).
Newcastle has 2,627 homes so that equals a solar penetration of 25%.
This is lower than the state average of New South Wales which has a statewide solar household penetration of 37%. So Newcastle is a fair way behind 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%.
Newcastle Solar Power Statistics:
Number of homes: 2,627
Number of homes with solar: 664
Household solar power system penetration: 25%
Statewide household solar power penetration: 37%
National household solar power penetration: 40%
We estimate that last year, the homeowners in Newcastle collectively saved $1,208,697 off their power bills! That’s money going straight back into the local Newcastle community.
Solar Panels Newcastle Pricing Information
According to our research, the average price for a 6.6kW solar system in Newcastle is $4,000.
For a well performing solar system in Newcastle, we estimate that the electricity generated will be approximately 24 kWh/day.
If 50% of the 24kWh 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 $1,693 per year.
This represents a simple payback time of 2.4 years which is a fantastic return on investment.