Leasing Solar Panels Uk

The homeowner enjoys low energy bills plus the prospect of the feed in tariff after 25 years.

Leasing solar panels uk.

Solar leasing is a lot like a lease on a car. You lease the solar panels and receive all the energy they produce but do not own the panels. Solar projects have a short construction period typically lasting no more than two or three months. 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. Many homes fitted with solar panels will have had them installed free of charge by a solar power company. The homeowner then leased the panels to the power company usually for a 25 year term. The solar panels become the property of the purchaser after the funds are transferred.

Purchasing a set of solar panels is a big financial commitment for any business. With solar prices at a record low many homeowners are opting to buy the solar panels instead. 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. You make monthly payments for the panels and are entitled to all the electricity they produce.

Leased solar panels fully owned solar panels in most cases where solar panels were installed the panels were fitted free of charge by a solar power company. 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. While there are countless misconceptions about solar projects and solar panels they are actually fantastic neighbors for anyone. You have likely heard the concern that there are solar land lease issues associated with a solar lease agreement.

It would pocket the newly introduced. Most lease providers provide the option to buy the panels at the end of the lease term at a discounted price.