Rent A Roof Solar Panels

Finally you can lease the panels.

Rent a roof solar panels.

A lease is a lot like leasing a car. Prologis a real estate investment trust reit and one of the world s largest owners of warehouses has more than 450 million square feet approximately 16 square miles of roof space worldwide available for photovoltaic installations and now has solar projects installed or under construction on 41 buildings throughout france germany japan. You pay a fixed monthly amount to use the energy generated by the solar system on your roof. The palo alto company is now offering panel packages with no long term contract as part of a relaunch.

The panels installation maintenance and insurance all come free as part of the package. You pay a fixed price per kwh for power generated by the system. Tesla inc s latest bid to revive its foundering solar division may sound familiar. In every eligible state except for california tesla will charge 50 per month for a small 3 8kw solar panel system that generates an average of 10 to 14kwh of energy per day 100 per month for.

Typically an installation can cost something in the region of 15 000. It s pretty much like buying a car on credit. You own the panels but instead of putting a lien on the panels they put a lien on the house just like a bank would with a second mortgage. Site leases are one of the many great ways to become a part of the solar energy community.

You can buy this electricity for your house at a low rate that is fixed for 10 years. If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system. It usually costs 15 000 to 20 000 after tax credits and can reduce your electricity bill by 70 to 100 percent depending on the size and orientation of your roof and local regulations. In most cases your monthly bill will rise or fall with the amount of power your system produces.

The second option is a financing arrangement. A range of companies homesun a shade greener will install free solar panels onto your roof at no cost to yourself. Top 10 facts you need to know about the rent a roof scheme. Solar lease ppa advantages.

The main practical distinction between buying and leasing a solar pv system is in ownership. You don t have to pay anything in fact we will pay you rent for your roof. By participating in a solar site lease you convert your roof or land into revenue and help ratepayers in your community that may be unable to host or own an array receive the benefits solar electricity.