New Jersey BySolar
973.784.4191 Renewable Energy Systems for Businesses & Residences

Renting Space for a Solar Electric System

Property owners can earn revenue by renting available land or roof space to accommodate a solar system serving an adjacent property. This option gives the solar system's owner additional space to install more solar panels, which further reduces electrical bills and increases SREC income. The property owner benefits from receiving a monthly rent payment for space that would otherwise be unused.

A solar power system can be mounted on roofs, over parking lots, or on unused land. Typical leases can last up to 25 years.