Renting My Roof For Solar Panels

However the company installing the panels will keep the lucrative feed in tariff payments.

Renting my roof for solar panels.

If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system. The rent a roof solar scheme allows you to power your home with free electricity without having to buy solar panels. More reasons to steer clear of rent a roof solar electricity deals solar panels on your roof that are owned by a third party are not only a bad investment idea they could make it impossible to. If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan.

With solar prices at a record low many homeowners are opting to buy the solar panels instead. If taking on some debt is also not in the cards for you renting is your last option. The cost would have been a prohibitive 12 000 so she signed a deal to lease part of her roof to a solar power. You pay a fixed monthly amount to use the energy generated by the solar system on your roof.

You pay a fixed price per kwh for power generated by the system. An experienced solar provider can help you determine the structural integrity of your roof before engaging in a solar lease agreement. J ulie griffiths wanted to reduce her carbon footprint by installing solar panels. By renting your roof to us you can experience the benefits of low cost solar power and lock in a low electricity price.

You can rent a solar system on your roof for 20 years through a typical fixed monthly lease or through a ppa. In most cases your monthly bill will rise or fall with the amount of power your system produces. Ideally roofs under consideration for hosting solar energy arrays should be less than 10 years old and fully able to support the array for the lease period. A leased roof should be structurally sound.

The main practical distinction between buying and leasing a solar pv system is in ownership. Leasing your solar panels with a fixed monthly lease. We install a solar power system on your roof and you get cheaper electricity and no carbon tax.