Territorians living in apartments and units across the Territory will soon be able to access shared rooftop solar, with the CLP Government launching a new grant scheme in partnership with the Australian Government.
Around 300 Territory households are set to benefit from this scheme.
Minister for Renewables, Gerard Maley said "We know that cost of living pressures are hitting the hip pockets of Territorians, and this initiative will help more households to generate their own electricity and slash power bills."
"This grant will support the installation of new shared rooftop solar for those living in apartments that traditionally haven't been able to access the cost savings of renewables," Mr Maley added.
The $2.35 million initiative is funded through the Australian Government's Community Solar Banks program and managed by the Northern Territory Government.
The scheme supports apartment complexes across the Northern Territory to install shared rooftop solar systems - potentially slashing power bills by up to $500 a year, per dwelling.
Applications will soon be open for the first round of the scheme, which will make it cheaper and easier for Territory apartment residents to install shared rooftop solar.
Around 18 per cent of Territory households live in apartments or units, with more than half of these occupied by renters.
Grants of up to $7,500 per dwelling or apartment will be offered to eligible Body Corporates and other multi-dwelling management entities to support up to half of the cost of installing a shared solar PV system.
"The CLP Government is restoring our lifestyle, and easing cost-of-living pressures is one way we are helping Territorians do just that," said Mr Maley.
For more details, or to see if you are eligible to apply go to Programs | Territory Renewable Energy (nt.gov.au) here