Our electric company has a program where you can either buy or rent solar panels
which are set up out in the countryside (rather than on your roof). They take care of all the setup and maintenance. As I want to support clean renewable energy, it sounds like a great thing for me to do. But after reading the details about the program, I have a nagging feeling that it sounds too good to be true.
Especially the part in the FAQ about renting panels, which says "Monthly credits are expected to be greater than monthly fees providing for instant saving."
I wonder if the panels provide more power when they are new, so that to begin with, the credits might exceed the fees, but in later years the reverse would be true?
Do any of you have experience, or know someone with experience, in these type of programs?
The electric company also has a rooftop solar program. Each customer can only participate in one of the programs, not both. I've seen several houses with solar panels on their roofs. My house would likely be a good candidate for that too, as it gets a good amount of sunshine. But the idea of putting solar panels on my roof worries me in that
- the panels would interfere with getting the shingles replaced, whenever the shingles eventually need to be replaced (although maybe they lengthen the life of the shingles underneath them, as the shingles would be less exposed?)
- if someone needs to walk on my roof for something (cleaning gutters, fixing leaks, trimming tree branches), the panels would be in the way
- if not installed well, they might cause roof leaks?