Rent A Roof Scheme For Solar Panels

But with the feed in tariffs now available they can be an attractive investment.

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. So you might be offered a solar panel for free in exchange for the feed in tariff income. Rent a roof scheme. 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.

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. The company pays for the installation connection charges and the maintenance of the panels. Free solar schemes also known as rent a roof schemes provide free electricity generating solar panels to householders. This suited many home owners as the average cost of a 4kw solar system was over 15 000.

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. The risks of rent a roof schemes and free solar panels. 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.

The company installs the solar panels on south south west or south east facing roofs. The cost would have been a prohibitive 12 000 so she signed a deal to lease part of her roof to a solar power. J ulie griffiths wanted to reduce her carbon footprint by installing solar panels. 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.

More reasons to steer clear of rent a roof solar electricity deals. Can buy out the scheme. And some companies and groups are interested in helping you to take advantage of the opportunity. We re now 7 years into a 25 year lease.