FAQs
What happens if I move?
If you move and have roof-mounted solar, you must notify the new owners of the agreement you have. You can either agree to pass on the agreement to them, or the panels can be removed any time after the first ten years.
What happens if I have to replace my roof?
As part of the initial inspection, EquiSol will assess the condition of your roof. If your roof needs to be repaired or replaced in the near future, your roof won’t qualify until that work is complete. Of course, conditions change! If your roof qualifies for the program and still requires work or replacement during EquiSol’s lease of your roof, EquiSol will remove and reinstall the panels one-time at no-cost to you. This will be described in detail in your lease.
How can I recommend this to a friend?
We appreciate you spreading the word! Please, go to our website and learn more about how you can get involved! We have links to our flyers readily available.
Can I refer this to people who aren’t my neighbors?
Yes! You can refer this program to anyone.
If I’m a renter, how do I get my landlord to participate?
First, tell them about this program and the benefits! We need their approval as they will be the ones signing the lease. As an incentive, we do offer lease payments to landlords and homeowners who participate in this program.
What if I want to own the panels myself? What does the path to ownership look like?
Solar hosts will have the option to purchase the solar array at years 10, 15, 20, and 25 at fair market value.
How long will installations take?
Depending on the size and complexity, the installations could take approximately 2 to 5 days.
How long is the lease term, and what happens after that? Can I own the panels?
The lease term is 25 years. After that, the term can be extended, the solar panels can be removed, or the solar panels can be purchased by the solar host.
Is a down payment necessary?
No down payment is necessary to participate.
What does the process look like for condo owners?
We install the solar and put it all on its own meter rather than setting it up to connect to individual units. This will allow you to decide as a condo if you’d like to send the power to a common meter with shared expenses or divide the power equally between each condo’s electric bill.