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The pitfalls of renting a rooftop to install photovoltaic panels

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The pitfalls of renting a rooftop to install photovoltaic panels [PDF]

6 FAQs about [The pitfalls of renting a rooftop to install photovoltaic panels]

What is a solar panel rent-a-roof scheme?

The Rent-a-Roof scheme lets people who can’t otherwise afford solar panels gain access to them, through installers who will setup solar panels on roofs for reduced prices. Installers can then sell any excess electricity generated back to the grid.

Are solar panels paying rent for your roof?

Technically, they’re not paying rent for your roof, because you’ll get the benefit of powering your home using solar power instead of grid electricity. They’ll make money from the electricity you don’t use. All excess electricity generated is sold back to the grid via the Smart Export Guarantee (SEG) scheme.

Can solar panels be installed on a roof?

Solar panels are a popular choice for homeowners looking to reduce their carbon footprint and save on energy costs. However, installing solar panels on roofs can come with its own challenges and potential problems.

Do solar panels damage your roof?

While solar panels themselves will not inherently damage your roof, an improper installation can lead to problems down the line. It is crucial to ensure that the installation is done correctly by a professional, or with thorough research and proper planning if you choose to do it yourself.

Can you buy a house with rent-a-roof solar panels?

Buying a house with Rent-a-Roof solar panels could lead to mortgage complications. For example, if the lease includes maintenance cost obligations, or if there are certain access rights granted to the installer, a mortgage provider could be unwilling to lend.

Why is rooftop solar a good investment?

Solar PV has low physical complexity and operational requirements, which facilitate strong strategic returns in terms of reputation and customer acceptance, as well as a financial payback of around 15 years. 1 So why rooftop solar?

Solar Pro.