Solar owned by the building, for the building.
A building-level SolarCloud solar solution. The owners corporation owns the solar and the cash credits offset the building's shared energy bills.
Most strata buildings have an energy bill the whole owners corporation pays — common-area lighting, lifts, car parks, pumps, ventilation and gardens. SolarCloud lets the owners corporation own real solar at the building level, with the cash value of what that solar generates credited to those common-area accounts each quarter.
No solar on the building's roof. No common property to modify. One ownership decision for the whole owners corporation, not 40 individual ones.
Owned at the building level
The owners corporation (body corporate) holds the SolarCloud solar on behalf of the owners corporation — it is not bought lot by lot. One asset for the whole property.
Offsets common-area bills
Cash credits land on the building's shared electricity accounts — lifts, lobby lighting, car parks, pumps, ventilation, gardens and other common-area energy costs.
No common property changes
Nothing installed on the roof. No common-property works, no waterproofing risk, no special resolutions about rooftop equipment.
Distinct from individual ownership
This is a building-level solution for the owners corporation. Individual apartment owners or renters who want their own solar belong on the apartments page.
INCREASE PROPERTY VALUE
- •Reduced or zero strata levies - flexible investment to offset some or all strata levies
- •Agents have stated that reduced or zero levies can add between 3-5% additional value to each apartment
- •More aesthetically pleasing and environmentally friendly building
How it works for an owners corporation
- 01
The strata decides how much solar to own
The committee, with owner input, sizes the SolarCloud solar to the building's common-area energy usage. Many stratas target offsetting most or all of the shared electricity costs.
- 02
The owners corporation purchases SolarCloud solar
The purchase is made at the strata level under the owners corporation. It is a one-off purchase — there are no individual lot transactions and no rooftop works.
- 03
Your solar is hosted and operated
Your SolarCloud solar is located at premium global host sites and operated by SolarCloud, with up to a 30 year performance warranty.
- 04
Cash credits hit the building's bills quarterly
The cash value of what your solar generates is credited each quarter to the building's common-area electricity accounts, reducing what the owners corporation pays in levies-funded energy costs.
If you are an individual apartment owner or renter who wants to own solar for your own home energy bill, visit the Apartments page instead.
Australian Securities and Investments Commission (ASIC)-regulated investment product · ARSN 612 098 110 · AFSL via LLA Equities. Your money sits in a regulated scheme, not our bank account.
Talk to us about your building
Call us on 02 9258 4000
We work with strata managers, executive committees and owners corporations to size SolarCloud solar to a building's common-area energy needs.
Ready to own solar?
One-off purchase. Credited as cash to any Australian energy bill, every quarter. No subscription.