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. How rent a roof schemes work. We re now 7 years into a 25 year lease. 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 risks of rent a roof schemes and free solar panels.

The company installs the solar panels on south south west or south east facing roofs. The company pays for the installation connection charges and the maintenance of the 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. 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. Would make much sense if you used one of the rent a roof companies to put a panel up for you. Can buy out the 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.

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. Rent a roof scheme. But with the feed in tariffs now available they can be an attractive investment. And some companies and groups are interested in helping you to take advantage of the opportunity.

This suited many home owners as the average cost of a 4kw solar system was over 15 000. Free solar schemes also known as rent a roof schemes provide free electricity generating solar panels to householders. J ulie griffiths wanted to reduce her carbon footprint by installing solar panels. We bought a property with an existing solar panel lease rent a roof with homesun now administered by anesco.