Herald Sun
Friday 30/7/2010 Page: 46
HOME owners are being offered the chance to rent their roofs to a solar power company in exchange for cheaper electricity bills. London-based company Isis Solar will pay all costs for solar panels to be installed on thousands of roofs in Britain and in return property owners will see their electricity bills fall by up to two thirds, with the average home saving about $530 a year.
It will benefit those who cannot afford the usual cost of installing panels. However, home owners must agree to keep the panels for at least 25 years and allow access for maintenance. The company took advantage of a government program that pays renewable energy firms, which generate their own electricity. Isis plans to install solar panels on 18,000 homes by 2015.
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