Remember you are still obligated for paying off the remainder of the loan.
Renting your house with solar panels.
The main practical distinction between buying and leasing a solar pv system is in ownership.
In most cases paying off secured or unsecured solar loans is.
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.
The first spot to use will be the roof.
Selling your house with a solar lease or ppa.
Community solar allows you to enroll your home in a local solar farm bringing savings to whomever is paying the electric bill and allowing you to support local clean energy.
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.
If you lease the system or sign a power purchase agreement ppa a third party owns the solar panel system.
If you buy a solar panel system you own the system either outright if purchasing with cash or after repaying your solar loan.
However you should do everything smart and understand where you can put your solar power system and how many you need.
Community solar is a simpler option for landlords now there s an easier way to support solar and see financial benefits.