ACT apartments can now access solar solutions following the announcement of a $3.6m joint Federal and ACT program to support their rollout to multi-unit apartments.
Brighte will administer the ACT Government's interest-free loans of up to $50,000 for body corporates, making it easier for multi-unit dwellings transition to solar energy.
Under the program, body corporates in the ACT can access up to $100,000 in funding for rooftop solar installations with half of the funding comes from a Commonwealth rebate or grant under the Solar Banks initiative, and the other half is provided as an interest-free loan by the ACT Government.
The announcement aligns with Brighte’s mission to make sustainability affordable and accessible to all Australians and is a significant step forward in breaking through the challenges of taking sustainability to multi-unit dwellings .
The impact of this program is expected to be significant, with over 2,100 households benefiting from the installation of rooftop solar panels. The government estimates the program has the potential to reduce electricity bills for Canberrans living in apartments by up to 35 percent, contributing to a more sustainable and affordable future for residents of the ACT.
The ACT Sustainable Household Scheme has now reached over ten per cent of all households in the Territory. The ACT Government recently committed an extra $80 million Scheme in the 2023-24 ACT budget, taking the total program funding to $280 million.
Since launch, Brighte has supported the scheme’s extension to low income households, Community Groups and new products such as Electric Vehicles (EVs).
For more information on this scheme, please contact enterprise@brighte.com.au