Under both of these arrangements a leasing company will put solar panels on your roof for no money up front but will charge you for the electricity that they produce.
Free solar panels roof lease.
Leasing your solar panels with a fixed monthly lease.
Yes there are legitimate installers that will put free solar panels for your home.
The installation company would retain ownership of the panels and effectively lease the roof space on which they operated for up to 25 years while the homeowner benefited from free electricity.
The term free solar panels is typically used to advertise solar lease or solar power purchase agreements ppas.
Freedom will own and operate the solar power equipment and meet all costs associated with construction operation and maintenance.
In a nutshell if you choose a power purchase agreement ppa like our rateguardian tm ppa or a solar lease we will put solar panels on your roof for no money down free but you will not own the system.
Yes the solar panels will be installed on your home for no money down but you will have to pay the leasing company every month to lease the panels and those leases typically last 20 years.
You can rent a solar system on your roof for 20 years through a typical fixed monthly lease or through a ppa.
In general any company that says they ll install free solar panels on your roof is actually offering a solar lease.
For instance semper solaris offers roof replacements along with solar installation with significant cost savings.
But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa.
If taking on some debt is also not in the cards for you renting is your last option.
J ulie griffiths wanted to reduce her carbon footprint by installing solar panels.
Freedom energy rents the roof and farms the sunshine.
With most lease agreements lasting 20 years it is important that a property owner be willing to have panels on their roof for an extended period.
The ownership cost of design installation and maintenance of the solar system is covered by freedom energy for the term of the agreement.
The cost would have been a prohibitive 12 000 so she signed a deal to lease part of her roof to a solar power.
However getting the same company to do both tasks does lower the costs.
Long term interest in a solar lease.
We will design and install what is essentially a mini power station on your roof or on your property at no cost to you and then sell you.