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.

How rent a roof schemes work. J ulie griffiths wanted to reduce her carbon footprint by installing solar panels. 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. 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.

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. The cost would have been a prohibitive 12 000 so she signed a deal to lease part of her roof to a solar power. We bought a property with an existing solar panel lease rent a roof with homesun now administered by anesco.

Rent a roof scheme. 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 company pays for the installation connection charges and the maintenance of the 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.

So you might be offered a solar panel for free in exchange for the feed in tariff income. Solar pv panels are expensive. 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. 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.

Free solar schemes also known as rent a roof schemes provide free electricity generating solar panels to householders. Can buy out the scheme. This suited many home owners as the average cost of a 4kw solar system was over 15 000. More reasons to steer clear of rent a roof solar electricity deals.