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Discussion in 'Introductions' started by J.J., 8th May, 2019.

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  1. J.J.

    J.J. New Member

    Joined:
    11th Apr, 2019
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    Location:
    Gold Coast
    I've joined this forum in order to receive advice on a start-up concept, where I'm proposing to convert the roof on my residential properties into micro-solar farms. Accordingly am proposing to lease the roof to investors, where they receive income from trading the energy. The investment would equal to $20 p.wk over a 3 year period. On expiry proposing to auction the property and spread the sale amount over to leaseholders.

    Love to hear from you, about the concept.

    I'm an architect and licensed builder and I buy and build residences for sale.
     
  2. Trainee

    Trainee Well-Known Member

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    Sounds complicated, small numbers and hard to scale. Easier to just ‘sell’ the power to the tenant?
     
  3. thatbum

    thatbum Well-Known Member

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    How does the energy get traded or sold off?
     
  4. J.J.

    J.J. New Member

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    Location:
    Gold Coast
    Mainly from REC's as the system includes a bank of Batteries that would harness / hold about 500kW per day, wherein the batteries provide energy to a bank of computer racks that provide computing power that is charged to super computers globally.
     
  5. Trainee

    Trainee Well-Known Member

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    Sounds like way too much risk for $20 a week. Might make more sense for commercial?
     
    thydzik likes this.
  6. thatbum

    thatbum Well-Known Member

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    I guess I'd be skeptical that it was somehow profitable taking into account the costs, risks and effort involved.

    But its not really my area so I don't know that much.

    I'd imagine there's some issues with tenancy and planning law considerations depending on how many you wanted to cram into a residential property.
     
  7. geoffw

    geoffw Moderator Staff Member

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    Location:
    Newcastle
    There is a group called Power Ledger which appears to be doing something similar.

    Matter Solar, amongst others, have a different model, where landlords and tenants make agreements to encourage the use of solar in investment properties.
     

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