Rent A Roof Scheme For Solar Panels

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.

Rent a roof scheme for solar panels.

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. Can buy out the scheme. But with the feed in tariffs now available they can be an attractive investment. The risks of rent a roof schemes and free solar panels.

We bought a property with an existing solar panel lease rent a roof with homesun now administered by anesco. 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. Solar pv panels are expensive.

Free solar schemes also known as rent a roof schemes provide free electricity generating solar panels to householders. We re now 7 years into a 25 year lease. This suited many home owners as the average cost of a 4kw solar system was over 15 000. 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 cost would have been a prohibitive 12 000 so she signed a deal to lease part of her roof to a solar power. 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. J ulie griffiths wanted to reduce her carbon footprint by installing solar panels. More reasons to steer clear of rent a roof solar electricity deals.

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. So you might be offered a solar panel for free in exchange for the feed in tariff income. The company installs the solar panels on south south west or south east facing roofs. And some companies and groups are interested in helping you to take advantage of the opportunity.