There is no cost to the property owner. The lease pays you to rent a portion of your land.
Yes. We are obligated in the lease to pay any additional property taxes, and we arrange for a separate tax bill for the additional charges to be sent directly to us.
If you sell your property, the new owner assumes any lease agreements and the income from any tenants when the new owner takes possession of the property. The additional income usually results in a higher value for your property when you sell it.
Our metering and billing are separate, and we have a separate physical connection to the power grid. You continue to pay for electricity as before, and instead receive regular lease payments from Renewable Power Partners.
The lease is guaranteed for 20 years.
Your lease rate is guaranteed for 20 years.
After the first 20 years, the lease can be renewed by Renewable Power Partners. You are guaranteed by the agreement to receive a market rate for a solar land lease. Solar panels are designed to generate electricity for years, and once installed have a very long useful life. After 25 years, they continue to produce more than 80% of their original power output.
No. We only proceed with construction once we have a contract to sell power, and final cost agreement to connect to the local power utility. We only install equipment once all the required paperwork is in place. Some unscrupulous home solar installers have sold solar equipment to homeowners without first arranging a contract to sell electricity. This practice is unethical. Property owners who buy small systems without a contract are normally unfamiliar with the complex process to arrange a contract on their own, or for technical reasons may be ineligible to receive a connection contract.
Our legal requirement is to completely remove the installation and restore the site; we are required to remove all equipment, concrete, wiring, utility poles or buried cable conduit, and if you want us to, we are required to remove any utility road. We are also required to restore vegetation on the site as we found it. The solar equipment has a lifetime of at least 30-40 years. Solar panels do not go “obsolete,” as they are designed to generate electricity for decades. The upkeep and maintenance cost is minimal for solar panels, as there are no moving parts. You can continue to get leasing income after the initial 20 year lease, through a new Renewable Power Partners lease at market rates set at the time of the renewal. We are legally obligated to fully decommission the site at the end of the lease(s).
No. The system must be certified by the local utility and by the Electrical Safety Authority as part of the installation. Our equipment is designed to precisely match the voltage and frequency of the local power service. If there is a local blackout, the solar panels automatically disconnect from the power grid to ensure technicians are safe when servicing the lines.
Actually, yes. The electricity will flow to the nearest customers, one of which is likely to be your existing power connection. You continue to pay your hydro bill as before, but instead of using power from a distant power plant, your electricity is produced locally by solar panels.
No. The solar panels must be hidden from view by a fence or vegetation, according to new provincial regulations enacted during the past year. We include any required landscaping as part of our installation.
About 6 feet tall where solar panels are mounted to fixed racks. New regulations require a fence or shrubs adequate to hide the panels.
Yes. Solar is being installed so we can stop using coal for electricity in Ontario..
No. The main noise is from cooling fans in the inverter, similar to a small air conditioner.
No. Solar panels are basically computer chips mounted on an aluminum plate, and covered with glass. There are no hazardous chemicals or emissions involved.
Solar panels are safe to have around humans and animals, and have no health effects. Solar panels are widely used around the globe. For example, in some European neighbourhoods, roughly half of the homes have rooftop solar panels installed. Unlike the coal plants that Ontario is replacing with renewables, solar panels produce no emissions, are low-maintenance and essentially silent, and have no health effects.
No. Electricity is used by the buildings connected to the wires on your street.
We expect to visit each site for maintenance once or twice per year. We contact you to provide 48 hours notice for routine maintenance.
No. Solar panels normally do not need to be washed, as natural rainfall keeps the panels clean. Should cleaning ever be required, we would simply use soap and water. Our solar panels are mounted on a 30 degree slope, which is steeper than a typical roof. As solar panels work they generate some heat, which causes the snow to slide off.
No. Similarly, if you rented a parking space to a tenant, the renter could not take out a mortgage on your building. Renewable Power Partners simply rents a small area to install solar panels on the property. You continue to own your property as before, with the added benefit of steady rental income.
No. For example, a tenant cannot block the sale of an apartment building, unless the owner were to give them permission to do this for some reason. Otherwise, investors would find it very difficult to buy or sell properties that are rented to tenants.
No. A tenant cannot put a lien on your property, nor can a supplier of a tenant. Because Renewable Power Partners is simply leasing land, it can not put a lien on your property.
Do you have any questions that were not covered above? We’re happy to answer them. Contact us for more information.