Renting Your House With Solar Panels

The main practical distinction between buying and leasing a solar pv system is in ownership.

Renting your house with solar panels. If your solar panel system is financed via an unsecured loan the loan is not tied to your property so you can sell your home and move prior to paying it off. If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system. The first spot to use will be the roof. Buying solar panels requires an investment and more decision making than leasing but over the long term the benefits of owning your system are hard to beat.

Selling your house with a solar lease or ppa. Renting a house gives you the biggest number of advantages when we talk about renovations re designs and smart home technologies implementation. If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan. Community solar is a simpler option for landlords now there s an easier way to support solar and see financial benefits.

You ve saved energy lowered your low utility bills and felt the undeniable pleasure of sharing these perks when the topic of solar came up with anyone who would listen. Remember you are still obligated for paying off the remainder of the loan. A solar lease gave you the opportunity to run on sun without having to pay the 11 000 14 000 that it costs to install panels in one fell swoop.