Thanks to the Solshare you now have the ability to provide each apartment with solar energy, not just the common areas in a building. Increasing the value and marketability of any project and getting an instant uplift in the positive environmental impact your building can create.
New Builds
The SolShare is the worlds first behind-the-meter solar sharing solution. The SolShare provides you with the option to market and sell solar-enabled apartments without having to lock buyers into an embedded network. The uniqueness of this offering will increase the value and marketability of your development.
How it works
The SolShare is simply an additional component to a traditional solar system but rather than connect to just one meter, like common light and power, it can connect to multiple meters, including the apartments.
Benefits for you
Increase marketability
Solar-connected apartments are
rare, giving you a marketing edge
Increase value
Solar connected apartments can
command a higher asking price
Low cost
Installing an entire system
costs as little as $2,000 per
apartment
Sustainable
Solar is a proven and popular way
of increasing sustainability
Case studies
Tullamore Folia, Doncaster, Victoria
Committed to creating sustainable living environments for residents to enjoy, Mirvac have implemented forefront technology in Folia allowing the Prestige and Penthouse Apartment residents to share a single set of solar panels and distribute solar power in a manner that optimises the financial benefit to all connected residences.
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Frequently Asked Questions
No. The beauty of the SolShare is that it can be connected to whoever is interested. So, if there are 30 apartments but only 15 want solar, the 15 of you can buy your own SolShare solar system. The most important thing to do is speak to the other owners as soon as possible to see who is interested.
Yes, any connection can be added to a SolShare system, including the common light and power.
The SolShare comes with an industry standard 10-year warranty.
The SolShare delivers solar under a ‘fair-share’ algorithm. The SolShare monitors how much energy each apartment is using (energy demand) and sends solar to where it’s needed, maximising the savings for everyone in the building. However, to make sure that everything’s fair, the SolShare logs how much solar’s been delivered to each unit and if it identifies that a unit has received more than the others it will start to reduce the amount of solar that it sends to that unit until the others have caught up.
Yes, batteries can be included in the system. Even better, because the SolShare is a shared system, your batteries will also be shared. This means that rather than needing to buy an expensive battery for every connected unit, you simply by a communal battery that everyone uses when they need it. This greatly increases their value for money.
Every SolShare installation is unique. Once we have gained the relevant information from you, we will introduce you to one of our certified SolShare installation partners. They will be able to talk you through what is most suitable for your building.
Typically, the SolShare is suitable for apartment buildings that have between 6 and 60 apartments. However, there are some cases when it is possible to get a shared solar system for buildings over 60 units if not everyone wants to sign up or it’s a complex with 2 or more buildings. Send us an enquiry and we will be happy to see if our technology is suitable for your apartment building.
As with all solar installations, every connected unit must have a smart electricity meter. If the apartments don’t have smart meters, don’t worry. Our certified SolShare Installation Partners will be able to guide you through upgrading. Residents can also contact their energy retailer directly and upgrade the meters in advance.
Every connected unit will receive feed-in tariff payment for any solar they don’t use.
The SolShare ensures that the same quantity of solar is delivered to each connected unit over the course of each month. It works hard to deliver each unit’s solar when they are using power and therefore when they’re going to save the most amount of money. However, if this is not possible and more solar is being delivered than can be consumed then it will be exported to the grid and your retailer will buy it off you.
Installing solar onto an apartment does more than just reduce the electricity bills. Studies have shown that property prices increase significantly when they have solar power. Landlords specifically report having less vacancy and increased longevity of tenants.
No. Residents can stay with their existing retailer, or to choose to change to another one. They can also access any market protections provided for vulnerable electricity customers, if applicable.
Your development will be one of the first in the world to have a shared solar installation. This is a major differentiation point in a competitive market.
No. A subset of the apartments in new development can be connected to solar if that is preferred.
Contact us to learn more and get a SolShare.
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