About the program
What this means for you:
Unlock significant savings
Boost Property Value
Simplified Process
Eligibility Criteria
Who can apply?
Owners Corporations: Also known as body corporates, these entities must manage an eligible apartment complex within the ACT.
Example: Any legally recognised group responsible for managing shared spaces in apartment complexes.
What's the valuation criteria?
Average Unimproved Value: The average unimproved value of a unit must be $300,000 or less, as of any year from 2022.
Brief Description: This refers to the land value of the property without any buildings or improvements. It's assessed to ensure the program supports properties within a specific financial threshold.
What are the property requirements?
Eligible Properties
- Apartment Complex Type: Must be a completed apartment complex with a Class A unit plan as defined in the Unit Titles Act 2001.
- No Existing Solar: The property should not already have rooftop solar installed.
How does my apartment complex finance this?
Financial Eligibility
- Loan Assistance: Half of the funding comes as a zero-interest loan from Brighte, ensuring manageable repayments without financial strain.
- Repayment Criteria: Applicants must meet Brighte’s credit requirements to confirm they can sustain the loan repayment over time.
How to get started
Step 1
Submit your info to Allume
Step 2
Apply for the ACT Program
Step 3
Install solar
Now you've been approved for the grant and loan, you'll be able to get solar installed on your shared rooftop.
Get up to 60% off your energy bills from day one!
Case Studies
Tullamore Folia, Doncaster, Victoria
In Doncaster's Tullamore, Mirvac's Folia Apartments brings sustainable living to life with a shared 70 kW solar system for 39 apartments, completed in 2021. Energy-smart and cost-effective.
Turner, Australian Capital Territory
In Canberra's leafy inner-north, Focus Apartments utilized their sinking fund for a 37.74 kW rooftop solar installation by SolarHub, reducing electricity bills for 20 residences since November 2020.
Botany, New South Wales
In Botany, NSW, Botany Apartments, featuring 23 townhouses and 4 apartments, revolutionized living with a 60 kW AC shared solar system installed by Energus in 2021. A step towards smart, sustainable energy use.
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Contact Us
We're here to help. Submit your details and we'll get started on your complimentary Shared Solar Assessment.