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Can photovoltaic panels change the owner

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6 FAQs about [Can photovoltaic panels change the owner ]

Can a person own a solar PV installation?

While an individual can own the solar PV panels installed at their property, there are instances where the owner of an installation may be different from the owner of the property or site at which the installation is located.

Can I move my solar panels to a new property?

If you were to move your solar panels to a new property then the system would be seen as ‘second hand’ and you wouldn’t be in a position to claim payments – even if the FiT scheme was still running. Not only that, the solar panels will have been tailored specifically to fit the dimensions of your roof and the direction in which your roof faces.

Can a fit accredited solar PV installation be moved?

Previously, if a FIT accredited installation was moved it became ineligible for further support. Now, landlords and tenants who cannot guarantee having long-term ownership or lease of a building can move their solar PV and keep their tariff. This change will increase flexibility and make solar PV a much more attractive investment for businesses.

Are solar PV installations sold between companies?

However, we are aware that in some instances solar PV installations are sold between companies, especially when companies go out of business. This change in ownership may not be communicated to the homeowner.

Can solar panels be sold with FiT payments?

Yes. When a property with a solar installation is sold the equipment and the associated FiT payments are sold along with the home. Solar panels will most likely be classified as ‘fixtures’ and in normal circumstances would be included in the house sale. Can solar panels and FiT payments increase property value?

What happens if you sell a solar panel?

If you sell your house, solar panels are usually sold with it (the new owner will need to fill in the Change of Ownership Form). This means the new owners of your home can inherit the FiT and get all future payments from the completion date of the sale. Don’t forget to give final generation meter readings when you leave.

Solar Pro.