Solar Panel Leases
Can I lease a solar panel by paying for the electricity output?
Leasing solar panels seems a good idea to reduce electricity cost and help the environment.
But I have a few concerns.
Will it last 15 to 25 yrs as it is claimed?
Will the output be so low in 10 yrs to realize any benifit? After 10 yrs of dust and some bird droppings on the surface, how much that panel will put out in 10 yrs in real world condition? (I am not interested in going up on the roof to clean once a yr or so.)
What if it breaks in 5 – 10 yrs?
So I am interested to rent a solar panel and pay for the output rather than a fixed payment for 15 yr or so. Is there any company that will charge me for the electricity output?
There is only one company I know of that does it that way.
http://www.star-telegram.com/2010/03/05/2018937/a-bright-idea-on-solar-panel-leasing.html
http://www.dsireusa.org/ has state by state incentives (federal, state. local) for renewable energy.
If you lease, you are still borrowing money. You might as well eliminate the middle man in this and just contract to buy them. The leased system is supposed to be portable, but in real life that won’t work unless you move to a place that allows and would benefit from the system you installed. If you own and sell, the solar pv system just stays where it is. The cost of the system is small compared to the cost of the home in most cases, so it shouldn’t impair the sale.
http://www.gepower.com/prod_serv/products/solar/en/faqs/resid_sys.htm
GE recommends washing off your panels 2 or 3 times a year. If you don’t want the responsibility then maybe you shouldn’t have solar. You change the oil on your car don’t you? You clean your home and wash your car. Electrical maintenance should be done by a pro, of course, according to GE, once a year. You can hose off the panels from the ground with a power sprayer if need be.
If you have battery backup, then you should also expect to maintain those, jus like you take care of the battery in your car.
SolarCity leases 1000 panels
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Solar panel distributor leases larger Eugene warehouse.(Business): An article from: The Register-Guard (Eugene, OR) $9.95 This digital document is an article from The Register-Guard (Eugene, OR), published by The Register Guard on June 3, 2010. The length of the article is 773 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Solar panel distributor lea… |