PublicSquare's Solar Mandate: A Win-Win for Your Wallet and the Planet

Solar Upgrades for Plus Customers

Starting in July 2023, all eligible rent-to-own homes of PublicSquare Plus customers will be upgraded with a solar package capable of offsetting nearly 100% of total electricity needs.

Why are we doing this?

At PublicSquare, we're all about helping Australians join the homeownership class and get ahead financially.

Yes, our Solar Pledge has significant environmental benefits, but the main driver is financial.

Solar power, once a symbol of green consciousness, is now an economic no-brainer, especially against the backdrop of rising energy costs and disappearing subsidies.

Just like our rent-to-buy homes product, we've designed our Solar Packages to ease your financial burden, not add to it.

What are the numbers?

Here's a calculator to estimate your potential savings and return on investment.

Every property will be a bit different, and not every home will be eligible. So please check with your Application or Property Manager to discuss the details.




As you can see from the calculator, the estimated financial benefits of adding solar to your home are impressive.

Additionally, when you switch to a mortgage and finalize the purchase of your rent-to-buy home, you'll be getting a value-added asset through the increased equity in your home, and most of the costs of your solar package will be amortized into your home loan.

Moreover, you won't have to worry about racking up any debts for the installation. At PublicSquare, we shoulder the responsibility of the upfront costs for the solar setup.

And if you choose not to purchase the home, we'll take care of paying off the outstanding install costs. Meaning there are no liabilities on your end.

Does PublicSquare earn a commission?

Yes, in some instances, our company will receive a commission from the suppliers, typically between $1,000 and $2,000.

However, this commission is absorbed by the supplier and does not inflate the price of your package.

In fact, if providing you with solar was just a matter of earning commissions, it wouldn't make much business sense for our company.

The reason we do it is to provide you with unbeatable value and savings as part of our rent-to-own homes product.

Can I choose the package type?

Yes! Our solar packages will eventually come in two different configurations to match the size of your household.

Each will be equipped with high-quality solar panels and batteries from leading manufacturers such as Tesla or Chelion, who can offer long warranties.

However, even if your household only includes 2-3 people, you may want to consider the return on investment for higher capacity systems.

When selling or refinancing your property, these systems may provide a higher return on investment which outweighs the slightly higher costs in the interim.

According to our supplier, every year your 12kw solar system will save 518 trees. 8602L of petrol and 9776kg of coal.

Will it offset all electricity?

Your 12kw solar system and battery will be capable of providing sufficient energy to cover the usage of an approximately five-person household.

If you opt for the reduced capacity system, it will be capable of offsetting a 3-person household.

However, the actual coverage may vary depending on individual usage habits, energy efficiency measures, and climatic conditions.

Solar systems generate electricity only when the sun is shining.

While excess power can be stored in your battery for use at night or during periods of prolonged cloud cover, there may still be a utility bill for electricity, which you will not have to pay for yourself but will be added to the final purchase price of your rent-to-buy home.