Free Solar Panels Green Deal

Free solar panels are a bad deal.

Free solar panels green deal. Published on june 21 2019 ever seen a solar company promote an offer for free solar panels. You will pay for the electricity that they produce usually under a 20 to 25 year solar lease or power purchase agreement ppa. The green deal is available for a variety of install types and technologies including insulation cavity loft or solid wall heating draught proofing double glazing and renewable energy generation methods like solar panels and heat pumps. An offer of free solar panels may be tempting but it could potentially cost you 25k in energy savings over the life of the system.

Part of this initiative was to provide a loan to homeowners which could be used to install solar panels. Free solar panels are not actually free. With a solar lease or solar ppa you do not own the solar panels on your roof instead you make monthly payments to a solar company for the energy the panels produce free solar panels are not a scam however you get lower long term savings with solar leases and solar ppas than you do with other solar financing options. The green deal was launched in 2013 offering government grants for solar panels as a way of helping homeowners to make their homes more efficient in order to reduce their energy bills and reduce carbon emissions.

The green new deal is an ambitious big picture attempt to bring existing state level goals and incentives designed to help us all use more renewable energy to the whole nation.