4 Frequently Asked Questions about “Solar photovoltaic panels for home use are free - Shore Power Energy”
Are solar panels free?
When companies advertise "free solar panels" or "no-cost solar programs," they're often referring to solar leases or solar PPAs. Under these solar financing arrangements, a solar company will put a solar panel system on your roof at no up-front cost for installation, enrollment, or maintenance. This sounds great.
Can you get free solar panels on a roof?
Companies offered to pay to lease your roof from you for 20-25 years and, in exchange, would install and maintain solar PV panels on it. You didn't have to pay upfront for the panels, and would also benefit from the free electricity produced by the system. But there are very few free solar panel schemes available now.
What is a 'free' solar panel scheme?
'Free' solar panel schemes, also known as rent-a-roof schemes, used to be commonplace a few years ago. These were run by companies eager to cash in on the feed-in tariff (FIT). This guarantees payment in return for electricity generated using renewable technologies, including solar power.
Can I Sell my Home if I have free solar panels?
The lease stays with the property. So if you have free solar panels installed and want to sell your home within the 20-25-year lease period, you'll have to find a buyer who is happy to take on the lease for the remainder of the contract. What do I need to watch out for?
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