Buying previously leased panels

[George Hodgson]

In 2012 I had panels fitted to my roof. They were owned by a company and I received a small percentage of the electricity generated. I have recently purchased the panels but am not receiving any income from them. I would like to know if anyone else has had this problem and advice on the next stage for me. I don’t want to involve solicitors again but will do if necessary

[SunEagle]

Hello George and welcome to Solar Panel Talk

If you could find out what type of contract the people that your leased the panel from had with the POCO you could get a contact person and transfer the "payback" part to you.

[George Hodgson]

Thanks. I am currently waiting for the paperwork. It is complicated as the original company went bankrupt and the company that bought the company also went bankrupt. The company I bought from are German and specialise in buying failed companies from the administrator. I had a right to buy under the original agreement but they spun out the process for 6 months. I anticipate problems.

[J.P.M.]

Thanks. I am currently waiting for the paperwork. It is complicated as the original company went bankrupt and the company that bought the company also went bankrupt. The company I bought from are German and specialise in buying failed companies from the administrator. I had a right to buy under the original agreement but they spun out the process for 6 months. I anticipate problems.

An aside, and a bit off topic, but if you don't already know it or if it matters, if you are in the U.S., know that used equipment is ineligible for the Fed. tax credit.

[SunEagle]

Thanks. I am currently waiting for the paperwork. It is complicated as the original company went bankrupt and the company that bought the company also went bankrupt. The company I bought from are German and specialise in buying failed companies from the administrator. I had a right to buy under the original agreement but they spun out the process for 6 months. I anticipate problems.

I would contact your POCO and ask them about the old contract they had with the leasing company. They have to have a record of the grid tie system connected at your address. From there you might get some traction having it transferred to your name.

If the POCO has some type of Net metering program you should be given the credit.

[bcroe]

if you are in the U.S., know that used equipment is ineligible for the Fed. tax credit.

No doubt an extra req lobbied in by the mfg of equipment. Bruce Roe

[J.P.M.]

No doubt an extra req lobbied in by the mfg of equipment. Bruce Roe

Probably, and not the only one, but still off topic. I wrote the tax credit info in case the OP hadn't been made aware of it on a FWIW basis.