Residential Case Studies: Detailing the benefits of a SolShare solar system bought by the owners corporation (strata committee) of an apartment building
The following case studies detail two SolShare solar installations in Australia. The first is a residential apartment building in Adelaide’s CBD and the second is a part residential, part commercial building in Melbourne. The examples show typical information that will be useful when discussing a SolShare solar installation with the other members of your owners corporation: system cost, payback and property price increase. These examples show just how quickly you can make your investment back, as well as helping the environment by significantly reducing your carbon footprint.
The Details
Location: Adelaide, South Australia
Number of apartments connected to the SolShare solar system: 27
SolShare solar system size: 63kW DC - 50kW AC
Number of SolShare units: 2 x SolShare 35
Amount of solar energy per apartment: 1.35kW AC
Price per apartment: $3,555
Estimated payback period: 3.3 years
Estimated apartment price increase: $18,800
Estimated rental increase: $17
Kg of CO2 saved per year: 47 tonnes, the equivalent to driving around the world 5 times
The Details
Location: Melbourne, Victoria
Number of apartments connected to the SolShare solar system: 8 apartments & 2 shops
SolShare solar system size: 16kW DC - 12kW AC
Number of SolShare units: 1 x SolShare 35
Amount of solar energy per apartment: 1.2kW AC
Price per apartment: $1,728
Estimated payback period: 4.3years
Estimated apartment price increase: $12,500
Estimated rental increase: $10
Kg of CO2 saved per year: 21 tonnes, the equivalent to not burning 11 tonnes of coal
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