{"id":4639,"date":"2015-04-13T08:26:16","date_gmt":"2015-04-12T21:56:16","guid":{"rendered":"http:\/\/www.solarquotes.com.au\/blog\/?p=4639"},"modified":"2017-10-25T09:37:57","modified_gmt":"2017-10-24T23:07:57","slug":"will-solar-leasing-in-australia-offer-certainty-for-homeowners","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/will-solar-leasing-in-australia-offer-certainty-for-homeowners\/","title":{"rendered":"Will solar leasing in Australia offer certainty for homeowners?"},"content":{"rendered":"
\"solar<\/a>

Will your solar purchase be Cheque, Savings or Credit?<\/p><\/div>\n

Do the benefits of solar leasing in Australia outweigh the traps for young players?<\/p>\n

It\u2019s a given that Australians, perhaps more than any other nationality, prefer ownership over leasing or renting. Etched into our history of suspicion of authorities and banks, this is expressed most clearly in \u201cThe Great Australian Dream\u201d \u2014 to completely own one\u2019s own home or block of land.<\/p>\n

This preference to be one\u2019s own master is also true of domestic solar arrays. The preference for homeowners has been to buy their solar panels outright. However this may not be possible for all and new solar leasing models which have become popular overseas are now being introduced into the Australian market. Supporters of the model claim it provides access to solar energy where none was previously available.<\/p>\n

The product is taking off in countries such as the United States and Germany where the financial innovation has been necessary to cater for a growing market. Those who want to purchase solar panels (for environmental or cost benefits) but either haven\u2019t got the cash to buy outright or are without a sufficient credit rating to obtain a loan.<\/p>\n

However overseas evidence suggests there are pros and cons to solar leasing. As the generous feed-in tariffs of the past fade into oblivion, subsidised PV systems are now a distant memory in most parts of Australia. So does solar leasing in Australia then provide a viable option?<\/p>\n

Like all leasing models, there can be a down side. Problems arise of course when the homeowner decides to sell the property. Arranging to transfer the lease upon sale, or to pay it out before sale may prove to be problematic. Also the cost of leasing over the term of the agreement is far more than paying up front for a solar array.<\/p>\n

The model is a comparative newcomer in Australia however solar companies such as SunPower<\/a> are already offering a type of leasing arrangement with a zero deposit. The company is trialling the product with the selling point that it offers a form of certainty \u2014 that magical word to solar energy consumers \u2014 in an increasingly uncertain playing field in renewable energy in this country.<\/p>\n

In an interview with RenewEconomy<\/a> at the launch of the leasing model, director of solar ESP for SunPower Australia<\/a> Kevin Whelan said his California-based company offered that certainty.<\/p>\n

\u201cOur program gives a certainty about the cost of energy when there is uncertainty with everything else,\u201d Whelan said. \u201cIrrespective of what happens with the RET, it gives rooftop solar customers long-term certainty on their electricity prices.\u201d<\/p><\/blockquote>\n

Is solar leasing in Australia the new financial model of the future? Or should Australians stick to their instincts and save up to buy their solar panels up front (or add it to their mortgage at the current low rates) ? The answer may be that it suits some, while it may not be for others looking to take control of their bills with solar.<\/p>\n

As always we\u2019d be interested to hear your thoughts on solar leasing in Australia. Specifically we\u2019d like to know: Is this the financial renewable energy model of the future? An affordable way to access green energy for many currently shut out of the market? Or should the model be viewed with suspicion, as another way to end up in more debt that may be difficult to transfer?<\/p>\n","protected":false},"excerpt":{"rendered":"

Do the benefits of solar leasing in Australia outweigh the traps for young players? It\u2019s a given that Australians, perhaps more than any other nationality, prefer ownership over leasing or renting. Etched into our history of suspicion of authorities and banks, this is expressed most clearly in \u201cThe Great Australian Dream\u201d \u2014 to completely own […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[46],"tags":[36,37,399],"class_list":["post-4639","post","type-post","status-publish","format-standard","hentry","category-solar-panels-2","tag-australia","tag-finance","tag-sunpower","entry"],"acf":[],"yoast_head":"\nWill solar leasing in Australia offer certainty for homeowners? - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Do the benefits of solar leasing in Australia outweigh the traps for young players?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/will-solar-leasing-in-australia-offer-certainty-for-homeowners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will solar leasing in Australia offer certainty for homeowners?\" \/>\n<meta property=\"og:description\" content=\"Do the benefits of solar leasing in Australia outweigh the traps for young players?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/will-solar-leasing-in-australia-offer-certainty-for-homeowners\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-12T21:56:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-10-24T23:07:57+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/04\/cash.jpg\" \/>\n<meta name=\"author\" content=\"Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/will-solar-leasing-in-australia-offer-certainty-for-homeowners\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/will-solar-leasing-in-australia-offer-certainty-for-homeowners\\\/\"},\"author\":{\"name\":\"Staff Writer\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/cdfada92425341cb1b48bf0bcfa1feb7\"},\"headline\":\"Will solar leasing in Australia offer certainty for homeowners?\",\"datePublished\":\"2015-04-12T21:56:16+00:00\",\"dateModified\":\"2017-10-24T23:07:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/will-solar-leasing-in-australia-offer-certainty-for-homeowners\\\/\"},\"wordCount\":587,\"commentCount\":7,\"publisher\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/will-solar-leasing-in-australia-offer-certainty-for-homeowners\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/04\\\/cash.jpg\",\"keywords\":[\"australia\",\"finance\",\"sunpower\"],\"articleSection\":[\"Solar Panels\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/will-solar-leasing-in-australia-offer-certainty-for-homeowners\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/will-solar-leasing-in-australia-offer-certainty-for-homeowners\\\/\",\"url\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/will-solar-leasing-in-australia-offer-certainty-for-homeowners\\\/\",\"name\":\"Will solar leasing in Australia offer certainty for homeowners? 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One is happening now \u2014 a (sort of) solar leasing offer \u2014\u2026","rel":"","context":"In "Solar Panels"","block_context":{"text":"Solar Panels","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-panels-2\/"},"img":{"alt_text":"mousetrap and solar panel","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/03\/solar-trap.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/03\/solar-trap.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/03\/solar-trap.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":23260,"url":"https:\/\/www.solarquotes.com.au\/blog\/origin-solar-flex-review\/","url_meta":{"origin":4639,"position":2},"title":"Death Match: Origin Solar Flex Leasing Vs. Buying Your Own System","author":"Ronald Brakels","date":"August 16, 2018","format":false,"excerpt":"This is Thunderdome. Two methods of putting solar on your roof enter. One method leaves. Today's deathmatch is between Origin Energy's Solar Flex leasing agreement and Private Ownership! Private Ownership is the undisputed champion in Australia and by far the most popular method of getting solar panels on roofs.\u00a0 Its\u2026","rel":"","context":"In "Economics Of Solar"","block_context":{"text":"Economics Of Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/economics\/"},"img":{"alt_text":"lease vs cash","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/origin-solar-flex.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/origin-solar-flex.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/origin-solar-flex.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/origin-solar-flex.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/origin-solar-flex.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":4778,"url":"https:\/\/www.solarquotes.com.au\/blog\/from-flaky-to-flavour-of-the-month-big-ass-power-companies-embrace-solar\/","url_meta":{"origin":4639,"position":3},"title":"From flaky to flavour of the month: Big ass power companies embrace solar","author":"Staff Writer","date":"June 1, 2015","format":false,"excerpt":"Has anyone else noticed the changing attitude of utilities to solar power? Until recently all you could hear in the regular announcements from the fossil fuel companies\u2019 board rooms was that renewable power was \u201cflaky\u201d and dependent on \u201cwhen the sun shines, when the wind blows...etc\u201d. You know the drill.\u2026","rel":"","context":"In "Solar Installation"","block_context":{"text":"Solar Installation","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-installation\/"},"img":{"alt_text":"u turn sign in front of solar power and cooling towers","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/05\/u-turn.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/05\/u-turn.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/05\/u-turn.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":49803,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-panel-upcycling-mb1977\/","url_meta":{"origin":4639,"position":4},"title":"Solar Panel “Upcycling” On The Cards For Kilmany","author":"Michael Bloch","date":"April 30, 2021","format":false,"excerpt":"Victoria's Wellington Shire Council recently voted in favour of progressing lease negotiations relating to a site for a potential solar panel recycling, err, upcycling (or something) facility in its area. Just to get a few quick and dirty definitions out of the way: Recycling - converting a discarded material into\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar panel recycling and upcycling","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/solar-panel-upcycling.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/solar-panel-upcycling.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/solar-panel-upcycling.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/solar-panel-upcycling.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/solar-panel-upcycling.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":18052,"url":"https:\/\/www.solarquotes.com.au\/blog\/oakey-solar-farm-mb0397\/","url_meta":{"origin":4639,"position":5},"title":"Queensland’s Oakey 2 Solar Farm Reaches Financial Close","author":"Michael Bloch","date":"January 3, 2018","format":false,"excerpt":"Australia's Clean Energy Finance Corporation (CEFC) has committed $55 million in debt finance to the 55MW Oakey 2 solar farm project in south-east Queensland, construction of which will start soon. The site is located to the west of Toowoomba, approximately 6.5km from the township of Oakey. The first stage of\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Oakey Solar Farm - Queensland, Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/oakey-solar-farm.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/oakey-solar-farm.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/oakey-solar-farm.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/oakey-solar-farm.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/4639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=4639"}],"version-history":[{"count":4,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/4639\/revisions"}],"predecessor-version":[{"id":4645,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/4639\/revisions\/4645"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=4639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=4639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=4639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}