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Solar Cash: Rent Your Roof

This may be a new trend in solar energy, but if you live in North Carolina and have plenty of Southern sun exposure, Duke Energy wants your roof.

The program, outlined here, works like this:

  • You have to live in North Carolina and be a Duke utility customer.
  • Your roof has to be 5 years old or less.
  • You’ve got to have little or no shade on the roof and the roof should face South or close to it.
  • Duke energy puts solar panels on your roof, at no cost to you, and pays you a rental fee “based on the size of the installation and amount of electricity generated at any given site.”
  • You don’t get the power or pay for the power. Instead, the energy goes right back to the grid.
  • You pay your regular electric rates to…Duke.
  • Duke maintains the panels.
  • This is NOT a residential PPA system
  • You are being green, however, and that’s nice.

So you do get something (not sure how much) for Duke using your roof as a solar power generator. Of course, the downside is that you don’t get to put up your own solar panels. Also, not sure what they do about maintaining your roof. But it’s a cool new way to go solar and you can sign up here and a local contractor will contact you.

Naturally, if you’re not in North Carolina or can’t get in on the program, please consider getting a quote from an experienced local dealer. Quotes are free, so what do you have to lose?

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2 thoughts on “Solar Cash: Rent Your Roof

  1. Kevin says:

    Are there any So Cal. companies doing this?

  2. Russ Brokes says:

    As a percent of revenue you generate from panels on my roof – how much rent would you be willing to pay me – 10%, 20%, 50% of it? Please send answer to my email.

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