About the program
The Solar for Apartments Program, backed by the Commonwealth and ACT Governments, offers a significant opportunity for owners corporations in the ACT.
Through grants and zero-interest loans, your complex can embrace sustainable energy without the upfront costs.
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The opportunity
This initiative offers up to $100,000 per eligible apartment complex, consisting of 50% covered by a grant and 50% by a zero-interest loan.
Co-funded under the Solar Banks Initiative and the Sustainable Household Scheme, this program enables your complex to harness solar power, enhancing value and sustainability.
What this means for you:
Unlock Significant Savings
You can access up to $100,000 in grants and zero-interest loans, significantly reducing the cost of solar installation for your apartment complex.
Boost Property Value
According to Domain, solar could increase your property’s market attractiveness and value by 12.7%, making it a smart investment.
Simplified Process
Our team will provide you with a Shared Solar Assessment to give you all the information you need for your building and help support your grant application.
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
Send us a picture of your electricity meter or your latest electricity bill.
We'll provide a complimentary Shared Solar Assessment, outlining how solar can work for your property.
Step 2
Apply for the ACT Program
You now have most of the information you need to complete the application.
Anyone on the Owners Corporation can apply to access up to $100,000 in grants and a zero-interest loan!
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!
Hear from residents who have made the transition to solar with SolShare
Case Studies
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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.
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Turner, Australian Capital Territory
In Canberra's leafy inner north, Focus Apartments utilised their sinking fund for a 37.74 kW rooftop solar installation by SolarHub, reducing electricity bills for 20 residences since November 2020.
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Botany, New South Wales
In Botany, NSW, Botany Apartments, featuring 23 townhouses and 4 apartments, revolutionised 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.