Commercial Solar For Strata Communities
Our community funded finance model is perfect for strata communities. Up to 50% less than grid-supplied peak electricity. Now is the time to start planning energy-saving projects as wholesale electricity market conditions have led to a significant and unprecedented increase in retail contract rates. Solar generated electricity is now less than 50% of the cost of peak electricity from the grid (based on current electricity retail offers).
The Benefits
Positive cash flow
Future price certainty- mitigation against future energy costs rises
Long-term benefits- further savings as energy storage and more capacity is added
Greener Image – show your sustainability initiative
Finance – The community-funded model works as follows
A specific entity is established- community members buy units in the entity
The body corporate enters an agreement to buy the solar energy from the entity
The entity enters an agreement with a solar company to provide installation, monitoring and maintenance services
Term of agreement between the Body Corporate and Members is typically 10-15 years
Ownership can be transferred to Body Corporate at the end of the term or retained by members
Returns of 10 -15 % expected to members
Our integrated solar solutions work seamlessly with embedded network setups, allowing savings up to 50%.
For Body Corporate committees or strata managers wishing to know more, get in touch with the Humenergy team today.
