Leasing Solar Panels Uk

Solar projects have a short construction period typically lasting no more than two or three months.

Leasing solar panels uk.

It would pocket the newly introduced. Purchasing a set of solar panels is a big financial commitment for any business. The cost would have been a prohibitive 12 000 so she signed a deal to lease part of her roof to a solar power company which would fit the panels for free. Solar leasing is a lot like a lease on a car.

Leasing is a contractual agreement between a company providing the solar installation the lessor to the company or individual acquiring the solar installation the lessee based on regular payments of lease rentals. The homeowner enjoys low energy bills plus the prospect of the feed in tariff after 25 years. If you spread the cost over a term of 1 to 5 years you preserve your cashflow and fund your solar panels in a smart affordable way. The solar panels become the property of the purchaser after the funds are transferred.

With solar prices at a record low many homeowners are opting to buy the solar panels instead. You make monthly payments for the panels and are entitled to all the electricity they produce. Most lease providers provide the option to buy the panels at the end of the lease term at a discounted price. The rent a roof solar scheme allows you to power your home with free electricity without having to buy solar panels.

However the company installing the panels will keep the lucrative feed in tariff payments. Leasing solar panels get solar panels for your business with a no fuss low cost lease from westwon. You lease the solar panels and receive all the energy they produce but do not own the panels. While there are countless misconceptions about solar projects and solar panels they are actually fantastic neighbors for anyone.

The homeowner then leased the panels to the power company usually for a 25 year term. Many homes fitted with solar panels will have had them installed free of charge by a solar power company.