The SolShare is the world’s first solution to connect rooftop solar directly to apartments within the same building. Finally, there’s an opportunity for tenants to enjoy the numerous benefits of solar power, including: reduced electricity bills, energy independence, and lower carbon footprint.
Multifamily Owners
The SolShare monitors when an apartment is using energy and will direct solar power to it to reduce electricity bills as much as possible. This optimization can increase the amount of solar you use by up to 50%, meaning less reliance on expensive grid power and higher savings.
How it works
The SolShare is a distribution box that can direct solar energy to multiple apartments behind-the-meter simultaneously. It optimizes the solar delivery based on who needs the energy at any point in time, while also ensuring that every apartment receives the same amount of solar over the course of each month.
Benefits for you
Reduced Electricity Bills
The SolShare can reduce
electricity bills by up to 40%
– and even more with batteries
Optimized System
Every apartment receives the
same amount of solar but it’s
automatically delivered when it’s
going to save the most money.
Reduced Carbon Footprint
Whenever you’re using solar, less
carbon emissions are being
pumped into the atmosphere
Increased Property Value
Installing solar on your home is
proven to increase its value
Flexibility
Not every apartment has to sign up
How do I get a SolShare System?
There are 2 different methods of buying the system and getting a SolShare system installed on your building.
Community-owned shared solar
You and your neighbours buy into the SolShare system together and enjoy free solar energy whenever you use it, saving up to 40% on your energy bills.
The SolShare will ensure that the same amount of solar is delivered to each apartment over the course of each month but it will deliver the solar when you need it, saving up to 50% more than if you had an individual system.
As a guide price, the system will likely cost between $2,000 – $3,000 per apartment. If you’re interested in this option, one of the most important steps is to speak with your neighbours about the solution, let them know the rough cost and understand the level of interest as early as possible.
The system is owned by the owners corporation.
Benefits:
• Some or all of the owners can buy into the system, bypassing the naysayers
• The common light and power can also be connected, to save there too
• Optimised and even solar delivery – saving you the most amount of money
Solar + Grid energy package – no upfront cost
Your Owners Corporation signs up the supply of common light and power to one of our energy retailer partners. The energy retailer partner will then install a SolShare solar system at no upfront cost.
Any resident that signs up to the retailer will not only get solar without having to pay for the hardware, but will experience the convenience of having one bill for grid electricity and solar.
The system is owned and maintained by a specialise energy retailer.
Benefits:
• No upfront cost to the residents
• Opt-in basis
• No long-term contracts for the residents
• Cheaper electricity bills and lower your carbon footprint
How to get a SolShare system through Capex
Case studies
Ashfield, New South Wales
The strata corporation of this classic red brick apartment building in Sydney’s inner west retrofitted rooftop solar to reduce the electricity bills for all residents and the common light and power.
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Bulimba, Queensland
Waterline Crescent apartments is an airy strata-titled apartment complex of 18 residences overlooking the Brisbane River just northeast of the Brisbane CBD. The body corporate decided to retrofit solar panels to improve the sustainability of the building, and chose Allume’s SolShare technology to connect solar to each apartment.
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Botany, New South Wales
Botany Apartments is a community comprising 23 upmarket townhouses and 4 apartments that embraced smart energy technologies including shared solar.
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Bayview, New South Wales
This apartment complex comprising multiple buildings overlooks beautiful Pittwater in Sydney’s north. In 2020 the apartment community decided to install rooftop solar to reduce electricity bills and dependence on the grid.
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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
There are a number of factors in determining this, the main one being how much energy you use. But on average, a 40% reduction in grid energy usage can be achieved. This is increased further if batteries are included. See our case studies for more information on price and payback.
Yes. Every resident will be able to access a portal that shows their energy and solar usage. This can help to adjust habits to maximize the benefits of the solar energy and reduce bills even further.
Contact us to learn more and get a SolShare.
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