Free Solar Panels Roof Lease

The cost would have been a prohibitive 12 000 so she signed a deal to lease part of her roof to a solar power.

Free solar panels roof lease.

J ulie griffiths wanted to reduce her carbon footprint by installing solar panels. With most lease agreements lasting 20 years it is important that a property owner be willing to have panels on their roof for an extended period. You can rent a solar system on your roof for 20 years through a typical fixed monthly lease or through a ppa. Freedom will own and operate the solar power equipment and meet all costs associated with construction operation and maintenance.

Ever seen a solar company promote an offer for free solar panels the offer sounds too good to be true and unfortunately it is. Yes the solar panels will be installed on your home for no money down but you will have to pay the leasing company every month to lease the panels and those leases typically last 20 years. In general any company that says they ll install free solar panels on your roof is actually offering a solar lease. The installation company would retain ownership of the panels and effectively lease the roof space on which they operated for up to 25 years while the homeowner benefited from free electricity.

However getting the same company to do both tasks does lower the costs. Yes there are legitimate installers that will put free solar panels for your home. The term free solar panels is typically used to advertise solar lease or solar power purchase agreements ppas. But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa.

Eligibility for a solar site lease will vary with each specific project but there are a few requirements that are generally needed with any lease. Freedom energy rents the roof and farms the sunshine. The ownership cost of design installation and maintenance of the solar system is covered by freedom energy for the term of the agreement. If taking on some debt is also not in the cards for you renting is your last option.

Leasing your solar panels with a fixed monthly lease. For instance semper solaris offers roof replacements along with solar installation with significant cost savings. Under both of these arrangements a leasing company will put solar panels on your roof for no money up front but will charge you for the electricity that they produce. In a nutshell if you choose a power purchase agreement ppa like our rateguardian tm ppa or a solar lease we will put solar panels on your roof for no money down free but you will not own the system.