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.
Equity release on solar panels.
Solar buyback is also referred to as solar equity release and you may also see offers to sell your feed in tariff.
This scheme is on offer to both residential and commercial clients.
Simple contract no lease.
Continue to benefit from cheaper electricity bills and retain ownership of your solar panels.
In exchange for transferring the remaining fit payments to us you will receive an upfront tax free lump sum.
Solar equity release is the uk s premier platform for solar buy back solutions.
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.
Solar equity release is a privately owned investment company which specialises in buying the feed in tariffs of domestic and commercial solar projects.
I have about 15 years to run excluding any indexation this equates to 30k in revenue.
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.
Simply put solar pv system owners can sell their feed in tariff.
The solar buyback option is likely to be most attractive to those planning to sell their homes release equity for home improvements support family members in education or buy property.
If you have solar panels installed and benefit from the government s feed in tariff then there is some good news.
The higher your feed in tariff rate the large the lump sum on offer.
Companies offer a lump sum to householders who already have solar pv installed in exchange for receiving the remainder of their feed in tariff.
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.
It generates about 2k in revenue every year tax free 3.
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.
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.
That s essentially what it is.
We do not lease or take ownership of your pv system.
Free maintenance and repairs on your solar array over the period of your fit.
The benefits of solar equity release cash out.