Wow my roofs can generate money for me while i’m sleeping like a passive income? Well, it is almost like that, the difference is this passive income stream is generated when the sun shines, not matter if you sleep or not. And the best part is you do not need to prepare any upfront capital. Sound interesting? Read on!
There are two way property owners can receive compensation from an investor for the use of their rooftop. It can be in the form of a fixed lease fee per year, or in the form of a discount rate on the electricity price.
The fixed lease fee guarantees you a fixed income every year. It is a bit less rewarding than the other method.
The saving you earn through the discount depends on how much electricity you use. It is up to you to decide which way you prefer.
In this article, we will give you some general ideas about the requirements for roofs that can be used for installing solar. If you want to jump to the essential guidelines before signing any leasing contracts, click here.
Some common requirement below will give you a general ideas:
- The ideal rooftop needs to be exposed to the sun to get maximum exposure, relatively free of obstruction in order to get PV installation permit.
- Size of the roofs also matter, it could be from 5,000m2 to 10,000m2 to produce as much KWp as possible, at least 3,000m2. It needs some space on the wall to mount some electricity systems and a bit of land.
- In addition, a new or recently rebuilt roofs is preferred since it is less likely to require repair or replacement during the operation period. It also need to be physically capable of supporting the weight of a PV array which is 15kg/m2.
After doing your own inspection and know that your roofs are qualified to generate your income stream, let’s get started to call Xanh La Solar so that we can help you arrange the best deals.