Renting Out Roof To Solar

In case you have signed the solar lease just to find out later that your roof needs to be repaired the solar company allows termination of the agreement under the clause of unexpected and unforeseen additional expenses.

Renting out roof to solar.

A range of companies homesun a shade greener will install free solar panels onto your roof at no cost to yourself. But landlords and property owners have taken a more tentative approach to the market given the extra effort and investment required to put panels on the rooftop and the lack of readily apparent benefits. You pay a fixed monthly amount to use the energy generated by the solar system on your roof. You aren t responsible for maintenance on the panels so there is less risk and you also do not have to pay any money out of pocket but it s the least financially rewarding.

A leased roof should be structurally sound. Solar has taken off in america with more homeowners and tenants benefiting from clean energy and utility bill savings than ever before. If taking on some debt is also not in the cards for you renting is your last option. The lease or ppa power purchase agreement is structured in a way so that you save a small percentage typically 10 off your electric bill.

Top 10 facts you need to know about the rent a roof scheme 1. You can rent a solar system on your roof for 20 years through a typical fixed monthly lease or through a ppa. Leasing your solar panels with a fixed monthly lease. 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.

Typically an installation can cost something in the region of 15 000. Solar lease ppa advantages. In this case you are effectively renting your roof to a third party who puts solar panels on it. As they whiz around electrons are impossible to.

An experienced solar provider can help you determine the structural integrity of your roof before engaging in a solar lease agreement. In most cases your monthly bill will rise or fall with the amount of power your system produces.