Solar panels in rental properties: Who owns the electricity?
The recent electricity price increase implemented in July 2023 has significantly amplified the urgency for embracing solar energy within residential rental properties. This intensifies the immediate need for landlords to understand the legalities and specific requirements involved in this emerging trend, especially in terms of residential leases.
Our recently published legal article delves into this topic, breaking down the complexities of ownership, usage, and disconnection of solar-generated electricity in rental properties.
Click here to read ‘Solar Panels in Rental Properties: Who Owns the Electricity?
In this article, we explore the crucial legal considerations landlords need to be aware of. This includes gaining a comprehensive grasp of solar panel ownership, tenants’ entitlement to using solar-generated electricity, and related aspects concerning non-payment situations.
The RIGHT Lease Agreement matters! In property leasing, the quality of your lease agreement can be the determining factor between success and increased risk.