The energy arm of an estate agents business is urging property owners, tenants and developers to have their say on Government plans to allow solar installations to be transferable from one building to another.
The Department of Energy and Climate Change (DECC) is proposing all solar panels that generate more than 50 kilowatts (kWh) of electricity are transferable and remain eligible for Feed-in-Tariff (Fit) payments.
Currently solar installations have to remain in the same place for 20 years even though commercial leaseholds are on average less than 10 years old, according to Savills Energy.
Giles Hanglin of Savills Energy said: “For both landlords and tenants, there are presently clear barriers in place to investing in solar PV, because if a FiT installation is moved it becomes ineligible for further support. Despite the benefits solar PV can offer, it’s understandable how it might be left off the investment list.”
The company is gathering businesses’ thoughts on the solar plans and intends to feed these back to government.