Leasing My Roof Space Solar

A solar lease is a financing option for residential solar panels where the homeowner leases panels from a solar company.

Leasing my roof space solar.

Both options are likely to have an escalator rate or a percentage by which the initial rate will increase every year. You can rent a solar system on your roof for 20 years through a typical fixed monthly lease or through a ppa. An agreement to lease your property for a solar installation. In essence a solar site lease is exactly what it sounds like.

There are no equipment or maintenance obligations or costs to the site owner. Leases of roof space for solar panels homeowners beware. Such is the growing trend for energy efficient properties that it is becoming more and more common for utility companies such as british gas to offer to take on a long lease of a homeowner s roof space in order to install solar panels on the roof. Some companies also offer power purchase agreements or ppas.

Whether you are leasing roof space for solar panels or paying cash outright the amount of raw roof are you need for your solar installation depends on how much electricity you want to produce and how many solar panels you need. Start making money off your unused roof space. In a site lease agreement you turn an unused space your roof an open plot of land a parking lot etc. Your business will get a portion of the financial benefits generated by our system while we take on all costs maintenance and responsibilities.

This escalator rate can range from 0 4 per year. Tesla is offering solar panel packages with no long term contract but there s a 1 500 charge if the customer opts out and requests the system s removal. Into a revenue stream. Ecogy pays you annual rent to generate solar energy on your rooftop.

As owners of enormous amounts of warehouse space electrical distributors may take special interest in the announcement earlier this year that warehousing giant prologis denver colo had signed new leases with southern california edison sce to let the electric utility install photovoltaic pv systems on 4 8 million square feet of rooftops at its warehouses. The more electricity you want to produce the more roof space you ll need for your installation.