Registration Open for Solar for Apartments Program in the ACT
Owners corporations in the Australian Capital Territory (ACT) can now register for the Solar for Apartments Program, offering substantial benefits for eligible apartment complexes.
Financial Support and Access to Clean Energy
The Solar for Apartments Program allocates up to $100,000 in grant funds and offers a zero-interest loan to owners corporations, facilitating the installation of rooftop solar in qualifying apartment complexes in the ACT.
Application Process for Funding
Eligible owners corporations must apply to the Solar for Apartments program to secure funding. The financial support comprises a 50% grant and the remaining 50% provided through a zero-interest loan.
Government Co-Funding and Sustainability Initiatives
This initiative, co-funded up to $3.6 million under the Solar Banks Initiative of the Australian Government and the ACT Government’s Sustainable Household Scheme, underscores the commitment to a low emissions future.
Benefits for Residents and Sustainable Milestones
Anticipated to benefit over 2,100 households, this program aims to reduce electricity bills by 35% for Canberra residents in apartments. The Solar for Apartments Program aligns with the Sustainable Household Scheme, surpassing 20,000 applications.
Positive Impact on Renters and Climate Action
The benefits of solar installations extend to apartment residents, a significant portion of whom are renters. Minister for Water, Energy, and Emissions Reduction Shane Rattenbury emphasizes the program’s contribution to ACT’s global leadership in climate action.
CEO Perspective and Financial Support
Katherine McConnell, Brighte’s founder and CEO, highlights their role as the exclusive finance and administration provider for the Sustainable Household Scheme. Brighte continues to support inclusive and accessible sustainability initiatives.
Quotes from Minister Shane Rattenbury:
“The Solar for Apartments program empowers apartment residents to reduce energy costs, advancing the ACT’s use of clean solar energy.
“Utilizing available roof space to power our city is a logical step, and I anticipate seeing more solar on apartments as this program unfolds.”
Quotes from Brighte CEO Katherine McConnell:
“Brighte is proud to extend finance to apartments, making sustainability inclusive, affordable, and accessible to everyone.”
This initiative represents a significant step towards making solar power accessible to apartment dwellers, contributing to a cleaner and more sustainable energy future in the ACT.
Source：miragenews.com
