r/UpliftingNews • u/ArgentineBeauty • 7h ago

A Melbourne invention is opening rooftop solar to apartment residents, letting multiple homes share power from one rooftop system without separate installations or individual inverters. Allume Energy’s SolShare won Australia’s 2026 Good Design Award of the Year.

https://www.theguardian.com/environment/2026/oct/09/amazing-piece-of-technology-solar-traffic-controller-for-apartments-takes-top-australian-design-award
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u/im_thatoneguy 4h ago

Just make solar investment credits a thing.

I don't want to deal with the HOA, splitting, installing on balconies... just let me buy 5kw of a solar farm then credit my energy bill like a residential solar net meter.

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u/feel-the-avocado 1h ago

I have always thought that would be great, but i cant wrap my head around how the time of use and electricity market stuff would work.

It would work where its just net metering - a daytime unit of solar export offsets a night time unit of consumption on a 1:1 ratio, but where time-of-use pricing is involved it gets a bit harder.

You effectively can already do this by investing in a solar farm company and just buy shares. The dividends you get from your shares could be used to pay your power bill.

I know someone who did this with their mortgage. The bank charges him 5% interest but by buying shares in the bank, he gets about 7% dividends so he only makes the minimum mortgage repayment and the rest of his spare money goes on buying shares in the bank (with some diversification)