Installing solar panels is a great option for homeowners who want to reduce their power bills, and the payback period can be just a handful of years with favorable conditions. However, renters and apartment owners cannot use a typical solar power system due to the lack of space, and renters in particular must also negotiate with their landlords. A miniature solar system that is portable and easy to install can be a better option in these cases.
Rooftop solar systems can greatly reduce your electric bills, and you can add solar batteries to store
solar energy for use at night. However, because most systems are tied to the power local grid, you must meet many technical requirements and get a permit to put solar on your property. The initial investment and paperwork are not a problem when installing solar panels in a home you own, but they’re a limiting factor for renters.
If you don’t own your home or apartment, you may have little incentive to invest in improving someone else’s property. Even if your landlord gives you permission to install solar panels, the decision only makes sense financially if you plan to rent for a very long time — longer than the solar payback period. Also, consider the following factors:
- When your lease ends, your landlord may not be willing to purchase the solar panels you installed.
- Moving rooftop solar panels to another home is difficult, and you will need a professional installation and another permit for the new property.
There are many types of miniature solar systems that can be installed without the complex requirements and permitting procedures of more permanent structures. These systems are an excellent option for renters, since taking them to another property is as simple as relocating your TV.
Solar Benefits for Non-Homeowners
Solar panel systems offer a common benefit, regardless of their size: they generate electricity from sunlight, reducing the amount of electricity you must pay your utility company for each month. Solar power also lowers the environmental footprint of your home, especially if you live in a region where most of the grid electricity comes from fossil fuels.
Homeowners get a few extra benefits when they install a traditional solar system, including:
- Their property becomes more valuable, and many states don’t charge increased property taxes for the portion of home value that corresponds to solar panels.
- Homeowners also qualify for the 26% federal solar tax credit as well as any additional incentives from state governments or utility companies.
- There are permitting and grid …….