Changing from possession to renting in times of Covid-19

• Dutch solar supplier Enie is providing to purchase roof PV systems from cash-strapped proprietors that will certainly after that get a regular monthly leasing charge prior to reclaiming possession of the equipment a years on. The firm will certainly pay around 85% of the preliminary expense of the varieties however claimed it will certainly rule out systems with 'bad' layout or parts.

Dutch solar item supplier Enie is providing to get set up roof setups for around 85% of their first price and also will certainly after that pay house owners a regular monthly charge to rent out the systems, under its ZonneRuilen program.

" This effort is targeted at assisting PV system proprietors in solid requirement of money in these hard times," Enie CEO Patrick van der Meulen informed pv magazine. "We pay about 85% of the preliminary financial investment as well as the proprietor of the system still profits [from] the benefits of a leasing agreement."

The business defined, nevertheless, it will certainly carry out monetary as well as technological due persistance prior to each acquisition. "We have a tendency not to acquire installments with bad layout and also parts," claimed Van der Meulen. "This indicates we inspect the setup as well as elements from another location and also do a credit rating check. If we have doubts, we set up a website check out." The remote check takes about 15 mins, according to the Enie president.

Buyback

Van der Meulen claimed the regular monthly repayments supplied to solar system proprietors that sign up with the plan will usually satisfy around 85% of their electrical power expenses. Those month-to-month expenses are most likely to be greater as house owners will certainly no more get the straight advantages of the roof system yet the CEO included: "The lease duration is 10 years, after 10 years they can end up being the proprietor of the setup once again."

The ZonneRuilen system will certainly be moneyed by Enie and also loanings from Dutch loan provider Triodos Bank.

" ZonneRuilen was a suggestion that we had in 2017 when we began with [renting]," stated Van der Meulen. "But during that time we determined to just concentrate on [renting] Currently, with the break out of the coronavirus, it returned on the table and also a week ago we introduced it in the Netherlands."

Solar leasing, widely prominent in the U.S., has actually so far seen minimal uptake in Europe.