As awareness of renewable energy grows, many people are considering solar power as a way to reduce their carbon footprint and save on energy costs. However, leaseholders often wonder if they can still benefit from solar energy when they don’t own the property outright. The good news is that there are several ways leaseholders can take advantage of solar technology. Let’s explore some of these options.

Understanding your lease agreement 

Before diving into solar options, it’s essential to review your lease agreement. Some leases may contain clauses regarding alterations to the property, including solar installations. Speak with your landlord or property management to understand the terms and see if solar panels are permissible. In many cases, landlords may be open to discussions, especially if the benefits can enhance the property’s value.

Solar Power Purchase Agreements (PPAs)

If you’re interested in using solar energy directly, consider a solar power purchase agreement (PPA). In a PPA, a solar provider installs panels on your roof (with your landlord’s permission), and you agree to purchase the electricity generated at a predetermined rate, often lower than your current utility rate. This arrangement can provide significant savings on your electricity bills.

While this option requires landlord approval, it can be an attractive arrangement for both parties. Landlords benefit from an increased property value, and leaseholders enjoy reduced energy costs.

Lease options with solar incentives 

If you’re in the market for a new lease, consider seeking out properties that already utilise solar energy or offer incentives for solar use. Some landlords are increasingly recognising the value of solar and are investing in renewable energy solutions. By choosing a property with existing solar installations, you can benefit from reduced electricity costs immediately.

Engaging with your landlord 

If your current lease doesn’t support solar installations, it may be worthwhile to have a conversation with your landlord about the benefits of solar energy. Highlight how solar panels can increase property value, improve tenant satisfaction, and potentially lower energy costs for everyone. If you can present a well-researched proposal, your landlord might be more inclined to consider your request.  The expert PowerGreen team can support you to do this. Contact them on powergreen@renewableconnections.co.uk

As a leaseholder, you can certainly benefit from solar energy, even if installing panels on your roof isn’t an option. By exploring solar power purchase agreements, and engaging with your landlord, you can tap into the advantages of renewable energy. The transition to solar power is not only beneficial for your wallet but also contributes to a more sustainable future for everyone. Whether you’re looking to save money or reduce your carbon footprint, there are viable pathways for leaseholders to harness the power of the sun.

If your business is interested in finding out more then please contact the PowerGreen team on: powergreen@renewableconnections.co.uk or 02077492650