Rent Your Roof Space For Solar Panels

Solar pv panels are expensive.

Rent your roof space for solar panels. Habitat energy systems rents unused roof space on commercial buildings and installs a high quality solar pv system. Thanks to rising energy prices more and more people are looking to invest in solar energy as a way of saving money and reducing their energy bills making the prospect of free solar all the more tempting. The rent a roof solar scheme allows you to power your home with free electricity without having to buy solar panels. 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.

If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system. The main practical distinction between buying and leasing a solar pv system is in ownership. 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 installation company would retain ownership of the panels and effectively lease the roof space on which they operated for up to 25 years while the homeowner benefited from free electricity.

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. In a lease you pay to rent the solar power system typically for about 20 percent less than you were paying for electricity explained freedom forever solar. If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan. A solar lease is a financing option for residential solar panels where the homeowner leases panels from a solar company.

So you might be offered a solar panel for free in exchange for the feed in tariff income. And some companies and groups are interested in helping you to take advantage of the opportunity. The last big concern with a solar roof lease is the roof itself. J ulie griffiths wanted to reduce her carbon footprint by installing solar panels.

But with the feed in tariffs now available they can be an attractive investment. However the company installing the panels will keep the lucrative feed in tariff payments. The landlord earns a valuable rental income and the tenant has access to greatly reduced power prices. A leased roof should be structurally sound.

Some companies also offer power purchase agreements or ppas. Roof lease agreements also tend to be one sided towards the solar company due to all of the languages and requirements set by the financial entities involved with the project. Rent your roof allows commercial landlords and their tenants to both benefit from solar power.