Equity Release On Solar Panels
Continue to benefit from cheaper electricity bills and retain ownership of your solar panels.
Equity release on solar panels. Solar equity release is a privately owned investment company which specialises in buying the feed in tariffs of domestic and commercial solar projects. I had solar panels fitted in 2012 2. In exchange for transferring the remaining fit payments to us you will receive an upfront tax free lump sum. I contacted solar equity release and they offered me 15k whereby they will maintain the solar install but then benefit from the fit meter reading.
Simply put solar pv system owners can sell their feed in tariff. I have about 15 years to run excluding any indexation this equates to 30k in revenue. The higher your feed in tariff rate the large the lump sum on offer. Solar equity release or solar buy back is a method for solar pv system owners to receive a financial lump sum now for their future feed in tariff.
In exchange for transferring the remaining fit payments to us you will receive an upfront tax free lump sum. We pride ourselves on providing a uniquely structured offering which is simple to understand easy to implement and has a quick process to payment. Solar equity release is the uk s premier platform for solar buy back solutions. That s essentially what it is.
Companies offer a lump sum to householders who already have solar pv installed in exchange for receiving the remainder of their feed in tariff. If you have solar panels installed and benefit from the government s feed in tariff then there is some good news. We are then able to offer you a tax free cash lump sum to purchase the rights to your remaining feed in tariff whilst you still retain ownership of your panels and continue to. Our solar value calculator takes your current reading against your installation date and calculates your average annual generation over the life time of your pv system.
The benefits of solar equity release cash out. Free maintenance and repairs on your solar array over the period of your fit. It generates about 2k in revenue every year tax free 3. In return for your feed in tariff we also provide.
We do not lease or take ownership of your pv system. Solar buyback is also referred to as solar equity release and you may also see offers to sell your feed in tariff. It is simply an unnecessary arrangement. Solar release equity is becoming a popular way for homeowners to get a lump sum by selling off their feed in tariff to a third party without undertaking a more costly leasing arrangement.