Could a Solar Garden project be a good future project for REB?
Solar Garden schemes give investors a credit for the value of electricity produced by their patch of the solar garden. The amount credited to each “solar gardener” is determined by the size of their “plot” and the arrangements made with the participating retailer.
The concept is considered a particularly good fit with renters, in that the electricity credits generated by a ‘virtual plot’ of solar panels moves with its owner, if they move house, as long they remain with a participating retailer.
Find out more/Source: Sophie Vorrath, 'Australia's biggest "solar garden" seeks to power 300 homes in NSW Riverina' One Step Off the Grid, April 24, 2020