Marcus Beach Body Corporate

Body Corporates Can Reap The Benefits Too

This Body Corporate located at Marcus Beach consists of nine residential units (nine owners).

The decision to invest in a solar system and choosing the size of the solar system was based on
exhaustive research.
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The solar system is connected to the body corporate meters and provides power to the communal area covering the swimming pool during the day and offsetting the cost of night-time lighting. Any extra power generated by the solar system is exported back into the main electricity grid. Income derived from any excess power exported back into the electricity grid is used to augment the sinking fund and assists with funding maintenance and/or improvements to the communal areas to the benefit of all owners and tenants.

KEY DRIVER FOR INSTALLING SOLAR

Financial Sustainability and keeping downward pressure on annual Body Corporate levies.

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The Body Corporate at Marcus Beach used the following criteria when selecting the solar system:

  • A system that shares benefits and minimises costs to owners

  • Simple system that is easy to maintain in a body corporate contextValue for money with good payback period,

  • Quality, reliability and performance – with excellent warranties,

  • Safety and maintenance, and

  • Reputation of solar installers.

A detailed solar calculator was used to look at a variety of solar size options and comes highly recommended for anyone considering installing a solar system.

BUSINESS

Marcus Beach Body Corporate

BUSINESS TYPE

Body Corporate

LOCATION

Marcus Beach

DATE INSTALLED

April 2019

SIZE

13.2 kW

TECHNICAL

Longi 300W solar panel

10kW Fronius Symo inverter

ELECTRICITY COST BEFORE SOLAR

$1,100 - $1,350 per year

ELECTRICITY COST AFTER SOLAR

new system offsets the entire electricity bill

INSTALLATION COST

$10,790

ESTIMATED PAYBACK PERIOD

2.2 years – 3 years (based on 20 cent feed in tariff)

EMISSIONS REDUCTION

Greenhouse Gas Emissions Reduction per year: 16 tonnes of CO2-e