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Solar Panels & Selling House

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I have solar panels on my house.
Owned outright.
Installed in 2011.
FIT pays around .68p / unit.
If I sell the house & transfer the ownership of the solar panels what rate will the new owner receive ??
TIA

Comments

  • I thought they take on the terms of your FIT. At least thats what happened when we last sold up.
  • greyteam1959
    greyteam1959 Posts: 4,711 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I don't know that's why I asked on here.

  • Petriix
    Petriix Posts: 2,297 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    Just contact your current FIT provider and ask about the process for transferring ownership. They will ultimately need to update the central register so that the new owner can benefit. 
  • QrizB
    QrizB Posts: 18,426 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    I don't know that's why I asked on here.
    Your FIT provider will have a proess (probably involving a form like this one) for transferring your FIT to te new owner.
    It will be on the same terms as currently.
    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. 34 MWh 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!
  • QrizB said:
    I don't know that's why I asked on here.
    Your FIT provider will have a proess (probably involving a form like this one) for transferring your FIT to te new owner.
    It will be on the same terms as currently.
    Thank you.
  • I thought they take on the terms of your FIT. At least thats what happened when we last sold up.

    Last I saw the standard  clauses for property sale (there different are ones for the UK countries as far as I know) included a clause on solar panels. That is something that should be considered at legal contractual stages. I.e. seller or representative makes it clear solar fit is for sale as part of the transaction or buyer offers to buy......ish.
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