Ecogy pays you annual rent to generate solar energy on your rooftop. Your business will get a portion of the financial benefits generated by our system, while we take on all costs, maintenance and responsibilities. Best Suitable for: Mid-sized Commercial Businesses, Property Owners.
What is rooftop solar installation?
Rooftop solar installation involves mounting solar panels on the roof of a building to capture sunlight and convert it into electricity. It's a popular choice for commercial buildings because it gives them the opportunity to optimize unused roof space. Why should business owners consider leasing their rooftop space for solar?
Solar rooftop leasing is one of the three basic ways you can make money from your rooftop with solar energy. The other two involve owning and operating solar panels on your own roof and joint venturing with a developer who will install the solar panels and share the income with you.
How does solar leasing work?
For solar leasing, customers pay monthly rent for the panels and get access to all of the energy the panels generate; with a PPA, customers instead pay per kilowatt-hour (kWh) of energy generated, so they effectively still pay an electric bill, but usually at a slightly discounted rate and mostly for electricity coming from the panels.
While a growing number of property owners are investing in the installation of solar panels on their roofs – a new group of small to independent developers began exploring the feasibility of leasing rooftops, attracting investors and raising the money to pay for the solar installations.
Why do people install solar panels on their roofs?
In Europe, the Feed in Tariffs are generally structured in such a way as to pay a higher amount per kWh of power produced. This not only encouraged homeowners to install solar panels on their roofs – but also the owners of large buildings, Churches, governments and even the military are installing solar panels on their property.
Is roftop solar leasing a viable option for your business?
Businesses across industries are embracing the benefits of commercial solar energy. Roftop solar leasing, in particular, is gaining significant traction as a viable option for investing in renewable energy.