More than 2,100 apartment residents in Canberra will benefit from shared solar installations co-funded by the Australian and ACT governments.
The $3.6 million Solar for Apartments Program is ready for body corporates to apply for up to $100,000 to install solar with eligible providers.
Participating apartment buildings can access reliable, renewable energy and could reduce resident electricity bills by up to 35%.
Body corporates can:
- apply for up to $100,000, with half as a grant and half as an interest-free loan.
This program will receive $1.8 million from the Australian Government as grant funding and $1.8 million in zero-interest loans from the ACT Government’s Sustainable Household Scheme.
This program is part of the Australian Government’s $100 million Community Solar Banks, which will help more than 25,000 households across the country to install shared solar systems.
