Renting Roof To Solar

Both options are likely to have an escalator rate or a percentage by which the initial rate will increase every year.

Renting roof to solar.

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. If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan. A leased roof should be structurally sound. Your business will get a portion of the financial benefits generated by our system while we take on all costs maintenance and responsibilities.

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. Typically an installation can cost something in the region of 15 000. 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. Instead of paying for a solar system you pay a fixed monthly amount for the electricity the solar panels generate.

The main practical distinction between buying and leasing a solar pv system is in ownership. We offer property owners monthly rent for unused roof and ground space. A range of companies homesun a shade greener will install free solar panels onto your roof at no cost to yourself. Mid sized commercial businesses property owners start making money off your unused roof space.

Roof rent program we lease roof and ground space for solar installations create a new revenue stream for your commercial property. Ecogy pays you annual rent to generate solar energy on your rooftop. If you ve got property with vacant roof space then renting your roof for solar is a great way to make some extra money. 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.

If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system. This escalator rate can range from 0 4 per year. You can rent a solar system on your roof for 20 years through a typical fixed monthly lease or through a ppa.