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    • geek1981
    • By geek1981 22nd Feb 17, 4:31 PM
    • 168Posts
    • 31Thanks
    geek1981
    EDF SunPlug free solar PV panels
    • #1
    • 22nd Feb 17, 4:31 PM
    EDF SunPlug free solar PV panels 22nd Feb 17 at 4:31 PM
    I've been in touch with the guys at SunPlug which is a new initiative backed by EDF for installing Solar PVs at homes without any upfront cost. Basically they will install and manage all the kit for free but you pay 9.9 per kWH for generated energy. Also any unused energy goes back into grid which we get paid for on a export tariff and it will make the cost 7.5p net (instead of 9.9 average use). Also this will be a 20 year lease where you tie up with them for energy and it is transferrable from new owner when it comes to sell your house. Looks quite interesting to me, anyone looked at this?
Page 1
    • Martyn1981
    • By Martyn1981 22nd Feb 17, 5:04 PM
    • 5,301 Posts
    • 8,957 Thanks
    Martyn1981
    • #2
    • 22nd Feb 17, 5:04 PM
    • #2
    • 22nd Feb 17, 5:04 PM
    Hiya, I know that this type of PV lease is quite popular in America, and is to an extent similar to a UK PPA (for businesses) where a company installs the PV, then charges the customer a lower than average leccy price.

    But ..... would this carry the same concerns as the RaR schemes that currently exist, particularly for re-sale? Perhaps, being a big energy company it would be ok, but (as you are doing now) I'd do the homework and see what you can find out.

    Is buying your own PV system not possible?
    Just 'call me Mart'. Cardiff. 5.58 kWp PV systems (2.4 ESE & 1.18 ESE & 2.0 WNW)

    For general PV advice please see the PV FAQ thread on the Green & Ethical Board.
    • LightsourceRE
      Verified User verified user
    • By LightsourceRE Verified User verified user 20th Mar 17, 10:20 AM
    • 1 Posts
    • 0 Thanks
    LightsourceRE
    • #3
    • 20th Mar 17, 10:20 AM
    • #3
    • 20th Mar 17, 10:20 AM
    Hi there, thank you for your interest in Sunplug. This response is on the behalf of Lightsource Renewable Energy. We’re partnered with EDF on the Sunplug project.

    We want to assure you that the Sunplug initiative has been designed specifically to comply with the guidelines from the Council of Mortgage Lenders. This means that we don’t register any charge or restriction against the property. Thanks to this, in most cases with all major lenders, Sunplug won’t cause any legal issues when selling the property.
    • lstar337
    • By lstar337 20th Mar 17, 11:19 AM
    • 2,992 Posts
    • 1,562 Thanks
    lstar337
    • #4
    • 20th Mar 17, 11:19 AM
    • #4
    • 20th Mar 17, 11:19 AM
    Hi there, thank you for your interest in Sunplug. This response is on the behalf of Lightsource Renewable Energy. We’re partnered with EDF on the Sunplug project.

    We want to assure you that the Sunplug initiative has been designed specifically to comply with the guidelines from the Council of Mortgage Lenders. This means that we don’t register any charge or restriction against the property. Thanks to this, in most cases with all major lenders, Sunplug won’t cause any legal issues when selling the property.
    Originally posted by LightsourceRE
    LightsourceRE since you are a rep, you will need to speak to MSE about getting a special rep account.

    If you don't then any posts you make (no matter how helpful) will be regarded as spam.

    Welcome to the forum.
    • Cardew
    • By Cardew 20th Mar 17, 12:11 PM
    • 26,423 Posts
    • 12,719 Thanks
    Cardew
    • #5
    • 20th Mar 17, 12:11 PM
    • #5
    • 20th Mar 17, 12:11 PM
    Hi there, thank you for your interest in Sunplug. This response is on the behalf of Lightsource Renewable Energy. We’re partnered with EDF on the Sunplug project.

    We want to assure you that the Sunplug initiative has been designed specifically to comply with the guidelines from the Council of Mortgage Lenders. This means that we don’t register any charge or restriction against the property. Thanks to this, in most cases with all major lenders, Sunplug won’t cause any legal issues when selling the property.
    Originally posted by LightsourceRE
    Other Rent-a-Roof companies have had their lease agreements approved by the Council of mortgage lenders, so it is agreed that it is meets all legal requirements. However it is not binding on mortgage lenders and, from the reports on MSE, many have simply refused a mortgage.

    This means that we don’t register any charge or restriction against the property.
    What does this mean?

    Mr Smith takes up your system offer and after a couple of years decides to sell his house to Mr Jones who doesn't want your system. So what happens?
    • geek1981
    • By geek1981 20th Mar 17, 12:47 PM
    • 168 Posts
    • 31 Thanks
    geek1981
    • #6
    • 20th Mar 17, 12:47 PM
    • #6
    • 20th Mar 17, 12:47 PM
    Mr Smith takes up your system offer and after a couple of years decides to sell his house to Mr Jones who doesn't want your system. So what happens?
    Originally posted by Cardew
    From my understanding you have the option of buying out the system from Lightsource (can be anytime after 12 months). I think it cost around 5k after 12 months.
    • EricMears
    • By EricMears 20th Mar 17, 12:51 PM
    • 2,201 Posts
    • 3,853 Thanks
    EricMears
    • #7
    • 20th Mar 17, 12:51 PM
    • #7
    • 20th Mar 17, 12:51 PM
    Mr Smith takes up your system offer and after a couple of years decides to sell his house to Mr Jones who doesn't want your system. So what happens?
    Originally posted by Cardew
    If it's true that there is no charge or restriction against the property then it means that Mr Jones is completely free to ignore any contract that Mr Smith may have signed. Of course it may not be true
    N Derbyshire.
    4kwp S Facing 17.5deg slope (dormer roof).
    • legoman62
    • By legoman62 20th Mar 17, 4:35 PM
    • 1,913 Posts
    • 9,490 Thanks
    legoman62
    • #8
    • 20th Mar 17, 4:35 PM
    • #8
    • 20th Mar 17, 4:35 PM
    From my understanding you have the option of buying out the system from Lightsource (can be anytime after 12 months). I think it cost around 5k after 12 months.
    Originally posted by geek1981
    When I was looking at Solar panels in 2011 E.ON offered me free ones I could buy out at any time.

    Installs at that time were costing around £10,000 to £12,000.

    My buy out cost after 12 years would have been £13,000

    I decided not to take up the offer
    Last edited by legoman62; 20-03-2017 at 4:38 PM.
    E Coast. 16 Sanyo Hit 250s.4kWp SMA 3.8kWp inverter. SW roof. 28° pitch.
    Minimal shade. Nov 2011 install. N.E Lincs Coast. Hybrid car
    • Exiled Tyke
    • By Exiled Tyke 20th Mar 17, 5:33 PM
    • 197 Posts
    • 752 Thanks
    Exiled Tyke
    • #9
    • 20th Mar 17, 5:33 PM
    • #9
    • 20th Mar 17, 5:33 PM
    Hi there, thank you for your interest in Sunplug. This response is on the behalf of Lightsource Renewable Energy. We’re partnered with EDF on the Sunplug project.

    We want to assure you that the Sunplug initiative has been designed specifically to comply with the guidelines from the Council of Mortgage Lenders. This means that we don’t register any charge or restriction against the property. Thanks to this, in most cases with all major lenders, Sunplug won’t cause any legal issues when selling the property.
    Originally posted by LightsourceRE
    I really don't like this bamboozling with legal terms. As far as I know, registering a charge on a property (most often as part of a mortgage) merely means that if the property is sold then the charge-holder gets paid out first. Similarly restrictions can be placed on selling the property when such are registered. What the post doesn't tell us is whether there are other (unregistered but still contractual) restrictions as part of the agreement. After all this does look a lot like a pretty standard loan or HP type agreement to pay for panels. In which case as soon as a business isn't being fully open about precisely what they are offering, and I have to ask for clarification, then that is my warning sign to run a mile and not to turn back.
    Install 28th Nov 15, 3.3kW, (11x300LG), SolarEdge, SW. W Yorks.
    • Martyn1981
    • By Martyn1981 21st Mar 17, 5:36 AM
    • 5,301 Posts
    • 8,957 Thanks
    Martyn1981
    Hi there, thank you for your interest in Sunplug. This response is on the behalf of Lightsource Renewable Energy. We’re partnered with EDF on the Sunplug project.

    We want to assure you that the Sunplug initiative has been designed specifically to comply with the guidelines from the Council of Mortgage Lenders. This means that we don’t register any charge or restriction against the property. Thanks to this, in most cases with all major lenders, Sunplug won’t cause any legal issues when selling the property.
    Originally posted by LightsourceRE
    Hiya. Am I right to think that this agreement is more of a PPA than the rent-a-roof model?

    For myself, I consume about 1,500kWh of the PV I generate. My import price is 12p/kWh, so this deal would save me 2p/kWh on those 1,500kWh's, or £30pa. The saving is pretty small, especially if there may be some re-sale issues on the property, and I assume some contractual agreement lock-in to the purchase of PV units?

    I'm not against such schemes, the more options the better, however I'd assume that this is being marketed as a way to save on leccy bills, when it should really be promoted as a way for environmentally minded folk to get PV installed if they can't afford to do so themselves, giving a small saving + low carbon generation.
    Just 'call me Mart'. Cardiff. 5.58 kWp PV systems (2.4 ESE & 1.18 ESE & 2.0 WNW)

    For general PV advice please see the PV FAQ thread on the Green & Ethical Board.
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