Solar for Rentals Subscription - Service Description

Solar panels collect energy. Matter lets landlords sell it.

A property investor can create a new income stream from their investment properties by selling their tenants cheaper, cleaner solar power.

SOLAR FOR RENTALS SUBSCRIPTION SERVICE

The Solar for Rentals Subscription Service is cloud based service that Matter operates for a service fee that is paid by the Landlord. Matter through its advanced technology platform in the cloud and using technology installed at the investment property perform the following core activities as part of this service:-

  1. Monitors solar power consumption at an investment property; 
  2. On a regular basis calculate a bill to the tenant for this solar power consumption based on an agreed pricing plan between the Landlord and Tenant;
  3. Issue Solar for Rental bill to Tenants on behalf of the landlord;
  4. Collect monies from the tenant; and
  5. Disburses these monies collected to the landlord on a regular basis
  6. Annual reviews of energy plans for tenants
  7. Regular monitoring of utilisation of solar energy at the site

Aside from the above service for the meter-to-cash cycle on behalf of the landlord. Matter provides Tenants with an secure online portal over the internet that provides the tenant: -

  • Real-time consumption of total power at the site including the breakdown of power between grid power and solar power generated on-site
  • The portal provides energy quantities in kWh and also value expressed in dollars
  • Real-time analytics of how much was saved by having Solar for Rentals
  • Capacity of solar power available to be used by the tenant
  • Invoices and the ability to pay online

For the Landlord Matter also provides a secure online portal over the internet which delivers :-

  • Real-time consumption of total power at the site including the breakdown of power between grid power and solar power generated on-site
  • The portal provides energy quantities in kWh and also value expressed in dollars
  • Real-time analytics of how much was made by having Solar for Rentals installed
  • Invoices and the ability to see how much is being made

Further Matter also provides landlords with a managed service for the investment property that includes: -

  • Service activation is about ensuring that the Solar for Rentals is activated correctly ensuring that everything is working as it should including that the correct energy plans are being used
  • Monitoring the Solar system performance at the site to ensure it is working
  • Ensuring that the Solar for Rentals technology installed at the site is functioning and working
  • Keeping the Solar for Rentals technology working and ensuring that fault or issues are resolved so the Landlord can enjoy the added cashflow from their investment
  • Raising issues to the property manager or Landlord and addressing these issue speedily
  • facilitating changes to terms amongst the Tenant and Landlord working with property mangers if required

ADDITIONAL SERVICES AVAILABLE

  • off-boarding tenants on a move-out
  • on-boarding new tenants onto the Solar for Rentals service when they move-in to the rental property
  • regular solar energy plans reviews to adjust pricing or introduce new plans
  • upgrading technology at the site for new services
  • collection of owning monies from tenants

TERMS & CONDITIONS 

The terms of service for Solar for Rentals Subscription Service is provided on the Matter website here

 

Links to more information

  1. Concierge Services
  2. Matter's Tenant Billing Plans

 

 

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