Renting Roof To Solar

If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan.

Renting roof to solar.

Instead of paying for a solar system you pay a fixed monthly amount for the electricity the solar panels generate. 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. If you ve got property with vacant roof space then renting your roof for solar is a great way to make some extra money. If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system.

Mid sized commercial businesses property owners start making money off your unused roof space. Top 10 facts you need to know about the rent a roof scheme 1. Go solar for 0 down with a solar lease ppa and save on your electric bill with a solar lease or power purchase agreement ppa you don t have to pay the high upfront cost of solar panels equipment and installation. 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.

Both options are likely to have an escalator rate or a percentage by which the initial rate will increase every year. Of course most residential property owners will be better suited to a traditional rooftop solar installation but for owners of larger properties and commercial properties renting the roof for solar could be the way to go. An experienced solar provider can help you determine the structural integrity of your roof before engaging in a solar lease agreement. The main practical distinction between buying and leasing a solar pv system is in ownership.

Typically an installation can cost something in the region of 15 000. You can rent a solar system on your roof for 20 years through a typical fixed monthly lease or through a ppa. We offer property owners monthly rent for unused roof and ground space. A leased roof should be structurally sound.

This escalator rate can range from 0 4 per year. Ecogy pays you annual rent to generate solar energy on your rooftop. A range of companies homesun a shade greener will install free solar panels onto your roof at no cost to yourself.