Renting Out Roof To Solar

You can rent a solar system on your roof for 20 years through a typical fixed monthly lease or through a ppa.

Renting out roof to solar.

You pay a fixed monthly amount to use the energy generated by the solar system on your roof. Solar has taken off in america with more homeowners and tenants benefiting from clean energy and utility bill savings than ever before. If you have solar panels on your roof the electrons they produce flow across the electric grid like water following a path of least resistance. 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.

A range of companies homesun a shade greener will install free solar panels onto your roof at no cost to yourself. An experienced solar provider can help you determine the structural integrity of your roof before engaging in a solar lease agreement. A leased roof should be structurally sound. 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.

In this case you are effectively renting your roof to a third party who puts solar panels on it. 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. Solar lease ppa advantages. 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.

In most cases your monthly bill will rise or fall with the amount of power your system produces. Leasing your solar panels with a fixed monthly lease. As they whiz around electrons are impossible to. You pay a fixed price per kwh for power generated by the system.

Top 10 facts you need to know about the rent a roof scheme 1. Those unwilling to pay the 12 000 or so needed to install solar panels can still benefit by renting out their roof to a solar provider which collects the subsidy and sells the energy on to power.