Northern Territory Minister for Renewables, Gerard Maley, said, “We know that cost of living pressures are hitting the hip pockets of Territorians, and this initiative will help more households to generate their own electricity and slash power bills.
Mr Maley said the grants will support the installation of new shared rooftop solar for those living in apartments that traditionally haven’t been able to access the cost savings of renewables.
The $2.35 million initiative is funded through the Federal Government’s Community Solar Banks program and managed by the Northern Territory Government.
The scheme supports apartment complexes across the Northern Territory to install shared rooftop solar systems – potentially reducing power bills by up to $500 a year per dwelling.
The program is expected to make it cheaper and easier for Territory apartment residents to install shared rooftop solar.
The State Government said that around 18 per cent of Territory households live in apartments or units, with more than half of these occupied by renters.
Grants of up to $7,500 per dwelling or apartment will be offered to eligible Body Corporates and other multi-dwelling management entities to support up to half of the cost of installing a shared solar PV system.
“The Territory Government is restoring our lifestyle, and easing cost-of-living pressures is one way we are helping Territorians do just that,” Mr Maley said.
