Solar Equity Release

edited 30 November -1 at 1:00AM in LPG, Heating Oil, Solid & Other Fuels
2 replies 2.4K views
theposhcattheposhcat Forumite
16 Posts
Ninth Anniversary First Post Combo Breaker
Hi,


My dad has solar panels on his roof and has had a leaflet offering a lump sum for his feed in tariff.


I assume that if he agrees he no longer gets the money created from the feed, this now company do?


What do I need to know before advising him? Is this a good deal or not?


Any guidance appreciated.


Cheers

Replies

  • CardewCardew Forumite
    28.6K Posts
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    ✭✭✭✭✭
    I suggest you go to the 'Green and Ethical' section of this forum and post there with details of PV system including when installed.

    There have been many posts on this subject and without exception the offer has been very poor.

    Also there are implications in granting a company a lease on your roof; especially if the property is to be sold in the 'life' of FIT payments.

    Yes he loses the FIT.
  • theposhcattheposhcat Forumite
    16 Posts
    Ninth Anniversary First Post Combo Breaker
    Thanks, I've reposted.
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