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RAD (Refundable Accommodation Deposit) is a lump-sum payment for aged care homes. It is fully refundable when the resident leaves, as long as there are no outstanding fees.
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Retirement village residents benefit from Govt solar rebates

Posted
by DPS

DCM Solar reports it is two months ahead of schedule in finishing the installation of the 7,000 independent living units with solar systems before the Government’s 7 July deadline for ending the rebate system.

Despite cyclones and flooding across two states, DCM is completing up to 500 homes each week.

DCM Solar successfully lobbied the Federal Government to accept village residents as ‘notional owners’ to win grants under the Solar Homes & Communities Plan.

The value of the solar assets DCM is bringing to the sector at no cost to operators or residents is $60 million.

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