Problems With Leasing Solar Panels

2 no net metering credits on utility bills.

Problems with leasing solar panels.

If you bought the panels outright you don t have a problem. A variation is to have you make lease payments directly to the solar company. Most if not all solar leases will state that the company will remove the facilities and restore the land at the end of the lease. All three options work until you go to sell the house.

If you re not buying your solar panels with cash the manufacturer may place a lien or uniform commercial code filing on your property to make sure you keep paying for them. Let them convey with the home or remove them and take them with you. 3 there are no. Solar panels racking materials wiring inverters fencing and ballast blocks if used are some of the items that will need to be removed at the end of the lease term so the property is returned to its pre lease conditions.

Perhaps the biggest issue with solar leases is what happens at the end of the lease. When you install a grid tied solar energy system you can sell any excess. Disadvantages of leasing solar panels 1 solar leasing companies get to claim the tax credits rebates and srecs. But what if the solar company does not remove the solar panels or what if the company goes out of business.