Sign a contract to rent out photovoltaic panels on the roof

Does a solar lease cover a roof penetration warranty?

As well as covering the costs of the solar panel system, most solar lease suppliers also cover a roof penetration warranty. In some parts of the US, the weather is notoriously unreliable, which means solar panels can generate more energy on some days compared to others.

Should you lease or buy a solar panel system?

There are two main ways to reap the benefits of renewable energy: installing a solar panel system or renting one from a solar company. You haven’t heard about the latter? Solar leases are becoming mainstream, so it's time we talk about the available programs and their potential drawbacks. What is a solar leasing program?

Can you sell a solar system under a lease?

Under a solar lease, you won't own your solar system, but will still benefit from its generated electricity. A leased solar system can make selling your home more difficult because the next owner may not want to take over your lease payments. What is a solar lease?

What is a solar lease vs PPA?

A Power Purchase Agreement (PPA) is a specific type of solar lease, where you pay a solar leasing company based on the number of kilowatt-hours (kWh) your solar panels produce. Solar lease vs solar PPA.

What happens at the end of a solar lease?

At the end of your agreement, the leasing company will remove your system or may present options to extend, buy out, or renew your lease. Outside of purchasing solar panels with cash, loans and leases are the primary ways homeowners go solar.

Can a homebuyer transfer a solar panel lease?

Transfer the lease: If you’re moving but don’t want to move your panels or purchase the system outright, you can try to transfer the lease to whomever buys your home. However, the homebuyer would have to assume the terms of the lease.