DCM Solar (an associated company to Villages Publishing) has announced it will pay the $300 additional cost to connect each DCM resident client to the electricity grid Gross Feed in Tariff metering. DCM was appointed by over 1,100 NSW village residents to install solar panels under the Governments Solar Homes & Communities Plan. Since then the NSW Government has introduced the Gross Feed in Tariff which requires special metering but gives the resident an $850 credit each year to their account. DCM CEO Craig Nalder says We do not want to ask elderly people to pay an unexpected charge even though they receive all the income. We decided to pay the metering cost ourselves as our contribution to the sector.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
