The same problem homeowners face: a split incentive problem. Since renters don't own the property they won't be able to reap the financial benefits of installing solar panels. Renters aren't likely to stay at the rental property long enough in order to reap the solar panels' benefits. This split incentive problem is a major hurdle for renters who want to make solar a reality.
Community solar
Many renters don't have the space or ability to install solar panels on their roofs. They can still benefit from community-based solar projects. The programs are a great way to help the environment and cut your utility bills. Community solar is a growing trend, and is now being offered in more communities.
A community project with solar panels is often a partnership between utilities and third parties. Sponsors purchase solar panels from third parties, while subscribers sign leases or power purchase agreements. They pay a monthly rental fee to the sponsor, and they receive credit on their utility bills.
Portable solar panels
Set up a portable, solar panel if you are renting an apartment, condo, room or other space. These panels can be mounted on a window or roof and can provide power to several devices. The panels usually produce between 0.3-1.5 kWh of electricity each day. This is enough power to run a few small appliances. Some portable solar panels are also equipped with battery storage so you can use the power anytime you need it.
These portable solar panels can be used to rent out, and are not required to be installed on rooftops. However, rooftop solar panels can be more efficient and may be used for larger systems. There are many portable solar panels available for rent, and Renogy has a selection of kits for homeowners.
Feed in tariffs
Los Angeles Department of Water and Power now offers renters feed-in tariffs. Customers criticized the previous net-metering program that was offered by the department for residential properties. However, it had low returns and provided poor customer service. Although the pilot program has 30-50 participants, officials intend to expand it. California will see the creation of thousands more jobs through this program.
The idea behind a feed-in tariff is to encourage renewable energy production by paying producers above market price. These programs are popular in many countries, including Germany. They also provide renters with a guaranteed source of energy and a long-term contract.
Permitting
Allowing solar to be used by renters requires certain considerations. You first need to ensure your property is zonable for solar panels. This is done via the Department of Planning and Zoning. Next, determine the type of permit review process you will need to follow. Be aware of the provisions in the local building code.
Prices
You might be curious about how solar panels can help you save money when you rent your house. While it's possible to lease solar panels, they are more expensive than purchasing them. Leases can also exclude you from incentives offered by the local and federal governments. You may also lose out on incentives from the government and local governments. For example, if a solar panel costs 12c per kilowatt, you'll pay 18.2c per kilowatt in 10 year time.
There are several options available to renters to offset the expense of solar. Many options for solar leases include rent increases as well as solar feed-in tarif credits. Rent increases will vary depending on the size and value of your solar project.