Can I Get Solar Panels Installed For Free

But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa.

Can i get solar panels installed for free.

The residential renewable energy tax credit as the irs calls it can be an attractive way to save on the significant cost of installing solar panels or roofing an average sized residential solar. Many solar companies advertise free panels. A company such as sunrun or. I first mentioned this proposition known formally as a power purchase agreement two years ago.

Companies offered free solar panels in the past but this service is not available in the uk any longer. In most cases monthly loan payments are smaller than a typical energy bill which. If you get solar panels installed and later decide to move home you can t take the panels or the feed in payments with you. As solar panels are becoming more affordable the government has drastically reduced the feed in tariff fit.

The business model involves a lease system where they install the panels and you pay a monthly fee for the usage. Ever seen a solar company promote an offer for free solar panels the offer sounds too good to be true and unfortunately it is. Plus if they ever decide to sell their home they will benefit because on average solar panels increase a home s resale value by almost 6000 per installed kilowatt. Free discounted solar panel installation.

But wait that s not all the free solar panels installed on your home are warrantied monitored and maintained by your solar service provider again at no. Generally feed in payments are paid to the owner of of the property where the solar panels are installed so normally when you move the new owner will receive the payments. Many of these companies know the tax code and can communicate savings on that end but the panels are never really free when coming directly from an install company. In general a purchased solar system can be installed at a lower total cost than system installed using a solar loan lease or power purchase agreement ppa.

The bottom line is there might be a free solar panel scam lurking out there but it isn t coming from any reputable solar company like ours. Yes there are legitimate installers that will put free solar panels for your home. This has made the free solar panels scheme unprofitable for many companies. Can i get free solar panels in the uk.

You can go solar without paying a cent. It sounds too good to be true.