Rent A Roof Scheme For Solar Panels

More reasons to steer clear of rent a roof solar electricity deals.

Rent a roof scheme for solar panels.

In 2010 when the government first launched their feed in tariff funding for solar panels the tariff payments were so generous that many installers were happy to offer free solar panels through a rent a roof scheme. The company pays for the installation connection charges and the maintenance of the panels. The risks of rent a roof schemes and free solar panels. Solar pv panels are expensive.

We bought a property with an existing solar panel lease rent a roof with homesun now administered by anesco. And some companies and groups are interested in helping you to take advantage of the opportunity. However under a rent a roof scheme payments are made not to the residential property owner instead it is the installer of the system who owns it and the payment will go to them and not the property owner. Known as the rent a roof scheme a growing number of companies are offering to fit and maintain solar panels on your roof for free.

On trying to remortgage the property the new mortgage lender highlighted that the solar lease was no longer compliant and asked anesco to provide a deed of variation to make the lease cml. We re now 7 years into a 25 year lease. But with the feed in tariffs now available they can be an attractive investment. How rent a roof schemes work.

Would make much sense if you used one of the rent a roof companies to put a panel up for you. The cost would have been a prohibitive 12 000 so she signed a deal to lease part of her roof to a solar power. The company installs the solar panels on south south west or south east facing roofs. Can buy out the scheme.

So you might be offered a solar panel for free in exchange for the feed in tariff income. The householder benefits from the free electricity while the company installing the panel keeps the cash usually earned by the householder from the government s feed in tariff which pays people for generating their. Rent a roof scheme. Free solar schemes also known as rent a roof schemes provide free electricity generating solar panels to householders.