Virtual Rooftop Solar Ownership
Australian startup SolarCloud has introduced a cloud-based model that virtualizes rooftop solar ownership, enabling consumers to access a share of existing commercial solar capacity without installation or physical infrastructure.
The sharing-economy model allows households to purchase a share of commercial rooftop systems, with 24,877 SolarCloud panels currently available for sale to Australians from $139 (USD 90) per panel.
- Customers can buy one panel at a time or multiple panels.
- Panels can be tracked 24/7 via the SolarCloud website.
- Panels are transferable with an address or provider change.
SolarCloud directly credits any Australian energy bill with the system.
SolarCloud CEO and Founder John Kennedy notes the significant uptake of solar panels in Australia.
Author's summary: SolarCloud offers virtual solar ownership for renters.
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