Solar Power Information - Banks, ACT, 2906

If you're considering installing solar panels for your Banks home (and/or a battery), this page offers useful related information and interesting statistics for Banks and the 2906 postcode area in Australian Captial Territory.

If Banks isn't your location, you can search for installation information relevant to your town or suburb here:

Postcode 2906 Solar Power Statistics

In Banks's postcode area (2906), more than 2,656 small-scale systems have been installed with a collective capacity of 17,538 kW as at April 30, 2024.

Given a population of 17,465, this works out to 1,004 watts per person in the area, compared to a 982 watts Australian average. There are approximately 6,607 dwellings in the 2906 area, so that calculates out at 40 solar panel systems per 100 dwellings - the Australian average is 37.

Based on a conservative average of 69,845 kWh of energy production a day (enough to power the equivalent of 4,365 homes) and retail electricity costs of 33c per kilowatt-hour; Banks and 2906 postcode area residents are collectively generating $8,412,857 of energy at retail prices a year!

Banks solar power system owners are also contributing to greenhouse gas emission reduction, with the systems in 2906 region avoiding 20,905 tonnes of carbon dioxide emissions annually.

Installing Solar Panels In Banks?

The SolarQuotes free quoting service has been used by 187 households in Banks and 680 households across the 2906 postcode area in Australian Captial Territory.

You can join them! To get started, simply click the button below and we'll match you to up to 3 pre-vetted ACT accredited installers we trust who service the Banks and 2906 area. Or continue reading for more useful information.

Solar Energy Resources In Banks

Banks experiences solar irradiation levels reaching approximately 4.75 kilowatt-hours per square metre per day on average over a year. The following graph shows solar irradiation/output levels per kilowatt of installed solar panels in the 2906 area per month.

Daily/Monthly System Energy Output Estimates

Here's what you can expect to generate with various sized solar power systems in the Banks area, assuming good quality components, a suitable rooftop and professional, accredited solar installation.

Annual Electricity Output Estimates

Based on the above, the following is what you should be able to expect from a solar panel installation in Banks in terms of annual solar energy output for the location, on average:

  • 5kW system - 7,268 kWh (equivalent to ~124% of annual electricity consumption)
  • 6kW system - 8,722 kWh (~149%)
  • 10kW system - 14,536 kWh (~249%)
  • 13kW system - 18,897 kWh (~324%)

Optimal Panel Angle And Orientation

Rooftop solar panels installed in Banks, Australian Captial Territory should generally face North for the best results. For a good panel angle, the general rule of thumb is it should be around the same as latitude. In Banks's case, that is 35 degrees - but usually whatever your rooftop angle is will be fine (unless it's under 10 degrees - then tilt frames may be needed).

Feed In Tariffs In Australian Captial Territory

As well as providing your home with electricity, Banks solar system installation owners can be paid for surplus energy generated. In ACT, feed-in tariffs generally currently range from 6c to 10c per kilowatt-hour exported - so, it's important to compare energy retailers for the best electricity plan in the 2906 area.

Banks Solar Energy Savings

Based on a 6.6kW system installation, a self-consumption rate of 40% and the low end of the feed in tariff range rate of 6c, Banks solar power system owners can expect to save $1,612 per year.

Unincorporated Council Requirements.

At the time of publishing, there special requirements involved with installing solar panels in the Unincorporated Council area.

It's important to check with Unincorporated Council regarding any potential changes before proceeding with installation. For further information, prospective solar owners in Banks should visit this page.

Network Grid Connection Requirements In Australian Captial Territory

A series of steps must be completed in Australian Captial Territory involving you, your network distributor and your installer - but your installer will do most of the administrative heavy lifting. Learn more about the grid connection process in Australian Captial Territory.

Solar Panel Installers In Banks

In our network we have quality, thoroughly pre-vetted solar power system installers servicing Banks. If you're ready to get quotes from installation professionals we know and trust:

Installing A Solar Battery In Banks

Households across Australia are increasingly thinking of installing a home battery; either as an addition/upgrade to an existing PV system, or installed concurrently with solar panels. Whether batteries will make sense for your Banks home will depend on various factors. 

We have solar battery installers within our network providing services to Banks who can advise you on home energy storage as a retrofit upgrade or part of a full solar + battery system installation - and provide a quote.

If you have any questions regarding choosing, buying and installing solar panels in Banks (or a home battery), feel free to contact us.

Banks Data Sources And Notes

Data sources used above for solar power information in Banks ACT 2906 include:

  • Census 2021 - Australian Bureau of Statistics
  • Bureau of Meteorology (BOM)
  • Clean Energy Regulator data for postcode 2906 current as at April 30, 2024.
  • Unincorporated Council - Australian Captial Territory

Some additional notes:

  • Household electricity consumption in Banks is based on the Australian average of 16kWh a day.
  • Carbon intensity based on the Australian Captial Territory average of 0.82kg per kilowatt-hour.

Bureau of Meteorology details are based on your nearest weather station, which is Theodore (Conlon St) , coordinates 35°27'0" S 149°7'0" E, around 2.7 km from the centre of Banks.

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