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A Shade Greener Solar Panels

kayl1jacko
Posts: 1 Newbie
in Energy
Good morning,
I was wondering if someone could help me please. I'm looking to buy a property with A Shade Greener Panels but have one question in particular to answer and the FAQ on their website isn't great.
After the 25 year lease of your roof space is up the panel's become the home owners. I know currently whatever enegery is generated and not used goes back to the grid and ASG get the profits. When the lease is up how does this work? Would the home owner need to get batteries installed to store the energy or does the owner have to claim the monies back from what goes back to the grid?
Thanks in advance😊
I was wondering if someone could help me please. I'm looking to buy a property with A Shade Greener Panels but have one question in particular to answer and the FAQ on their website isn't great.
After the 25 year lease of your roof space is up the panel's become the home owners. I know currently whatever enegery is generated and not used goes back to the grid and ASG get the profits. When the lease is up how does this work? Would the home owner need to get batteries installed to store the energy or does the owner have to claim the monies back from what goes back to the grid?
Thanks in advance😊
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Comments
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I gather that the panels would be either removed or a new contract could be agreed. Each company will have its own rules.There is a lot of negativity around ASG, but you should get free electricity, provided nothing fails.Use the search on here(at the top of the page) for a shade greener, their communication seems poor.0
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You could try posting they quite good with this stuff.
https://forums.moneysavingexpert.com/categories/green-ethical-moneysaving
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ASG will be receiving payments based on the old Feed In Tariff which is entirely based on the generation of the system and takes no account of what is actually exported to the grid and how much you consume in the house (there is an 'export' element of the payment they receive, but this is 'deemed' as 50% of the total generation and not actually metered). The upshot is that you can do whatever you like with the energy - you could install an AC coupled battery, in the unusual circumstances that your usage pattern would actually financially benefit, and use more of the generated energy. However, you wouldn't be able to sign up for any tariff that benefited from the exports from the panels (such as Octopus Flux).
At the end of the lease, assuming you do gain ownership of the panels, you should be able to then sign up for an export tariff of some kind (depending on what's available then). In order to do this you would likely need various pieces of paperwork relating to the installation which might prove difficult to source. In any case, by 2035 (or whenever the 25 years is up) there are likely to be far better panels available which might make it beneficial to replace the whole system at that point.
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Petriix said:The upshot is that you can do whatever you like with the energy - you could install an AC coupled battery, .0
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I'm sure i've read elsewhere that mortgage comapnies don't like these 'rent a roof' schemes and often want the lease purchased before agreeing to lend. Could be wrong but worth checking.
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Have seen a few threads on ASG when we where looking at a property inflicted with them last year.
Firstly they normally fitted without pigeon guards and many people suffer noise issues as they roost underneath. ASG offer to fix at a cost of around £1600 (£600 for fix and £1000 for scaffolding). They don’t permit any other contractors to touch them.ASG’s lease agrees they will temporarily remove the panels “for free” up to twice in the lease period for roof maintenance, but scaffolding will always be at the homeowners expense.
As mentioned above ASG are receiving FIT payments but it would likely revert to SEG when lease expires. Panels will be towards end of working life then and inverter will almost certainly be so don’t anticipate any residual value or use when considering property value.
Fitting of battery’s would need ASG permission as it is connected around their inverter.
Mortgages are possible if the lease meets the guidelines set out by the Council of Mortgage lenders. The early leases didn’t and need a deed of variation raised, apparently ASG have got better about this but it still adds time to the purchase process.
Finally it appears the ASG that likely installed them went bust and another bought out the assets and renamed similarly so could be on rocky ground if any other issues arise.2 -
Petriix said:ASG will be receiving payments based on the old Feed In Tariff which is entirely based on the generation of the system and takes no account of what is actually exported to the grid and how much you consume in the house (there is an 'export' element of the payment they receive, but this is 'deemed' as 50% of the total generation and not actually metered). The upshot is that you can do whatever you like with the energy - you could install an AC coupled battery, in the unusual circumstances that your usage pattern would actually financially benefit, and use more of the generated energy. However, you wouldn't be able to sign up for any tariff that benefited from the exports from the panels (such as Octopus Flux).
At the end of the lease, assuming you do gain ownership of the panels, you should be able to then sign up for an export tariff of some kind (depending on what's available then). In order to do this you would likely need various pieces of paperwork relating to the installation which might prove difficult to source. In any case, by 2035 (or whenever the 25 years is up) there are likely to be far better panels available which might make it beneficial to replace the whole system at that point.0 -
pensionpawn said:
They are almost certainly not going to agree to that.2 -
matt_drummer said:pensionpawn said:
They are almost certainly not going to agree to that.
However what would happen, as in my case, where you have a "smart" meter and you are informed by your energy company that you are moving (no choice) to metered exported? Would ASG have any say in that?0 -
pensionpawn said:matt_drummer said:pensionpawn said:
They are almost certainly not going to agree to that.
However what would happen, as in my case, where you have a "smart" meter and you are informed by your energy company that you are moving (no choice) to metered exported? Would ASG have any say in that?IIRC the terms of the FIT contract are such that export payments should be based on metered export, where an export meter exists.ASG would have no choice but to switch to metered export *if* the energy company administering the FIT chose to do so.This is not necessarily the same energy company that you receive your electricity from. (To illustrate, I'm with Octopus for supply but my FIT is with E.ON Next [previously nPower].)N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 33MWh generated, long-term average 2.6 Os.Not exactly back from my break, but dipping in and out of the forum.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!0
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