Rent A Roof Solar Panel Scheme

Can buy out the scheme.

Rent a roof solar panel scheme.

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. J ulie griffiths wanted to reduce her carbon footprint by installing solar panels. 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. 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 introduction of feed in tariffs fit in april 2010 led to a large number of companies offering customers free solar pv panels which are often referred to as rent a roof schemes with the solar panel owner simply renting the roof space from the customer. We re now 7 years into a 25 year lease. But with the feed in tariffs now available they can be an attractive investment. Free solar schemes also known as rent a roof schemes provide free electricity generating solar panels to householders.

We bought a house in march that has the rent a roof solar panels fitted. Would make much sense if you used one of the rent a roof companies to put a panel up for you. The risks of rent a roof schemes and free solar panels. 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.

Solar pv panels are expensive. The cost would have been a prohibitive 12 000 so she signed a deal to lease part of her roof to a solar power. This suited many home owners as the average cost of a 4kw solar system was over 15 000. And some companies and groups are interested in helping you to take advantage of the opportunity.

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. We bought a property with an existing solar panel lease rent a roof with homesun now administered by anesco. More reasons to steer clear of rent a roof solar electricity deals.