Transferring ownership of solar panels during a home sale, though intricate, can lead to a win-win situation for both parties. By carefully navigating ownership structures, legalities, and buyer expectations, homeowners can ensure a smooth transition and enhance the marketability of their solar-powered property.
Reach out to the appropriate team depending on the type of contract you have for your Tesla solar system if you are transferring it in one of the following cases: Sign in to your Tesla Account. Select the energy product that you are transferring. Click on ‘Transfer system ownership’ located under the ‘Transferring Your System’ section.
To transfer ownership of a property with a SolarEdge PV system and provide the new owner with access to the monitoring platform: Fill out this form Please visit here if the Wi-Fi router needs to be modified. Was this information helpful? How can we help you? Contact a product expert or sales representative
If you were to move your solar panels to a new property then the system would be seen as ‘second hand’ and you wouldn’t be in a position to claim payments – even if the FiT scheme was still running. Not only that, the solar panels will have been tailored specifically to fit the dimensions of your roof and the direction in which your roof faces.
The seller submits a request to initiate the solar agreement transfer with the buyer, including escrow details. The assuming party is contacted to review the obligations of the agreement and address any other questions. The transfer agreement is sent to both the assuming party and the seller for signatures via AdobeSign.
When Tesla customers sell their homes, we transfer the solar agreement to the new owner ~98% of the time. In a small number of cases our customers elect other options as outlined in their agreement. When should I initiate the home sale process with Tesla? The home sale process should be initiated as soon as you are in contract with a buyer.