Solar Panels on Commercial Rooftops - The Key Issues for Development
Introduction
Solar panels on commercial rooftops are back after a few years in the wilderness.
In this virtual classroom seminar, Alastair Frew discusses the key elements of a commercial solar rooftop development option and lease, from basic commercial terms to unusual features of the lease.
It will address the position with business rates and the need for a structural survey as well as the crucial power purchase agreement.
What You Will Learn
This live and interactive course will cover the following:
- Rooftop solar panels - a brief introduction
- Feed In Tariff - gone but not forgotten
- The importance of the 50MW threshold - Nationally Significant Infrastructure Projects
- Substations - freehold or leasehold?
- Rental terms
- Easements
- The Grid Connection
- Form G99
- Contestable v non-contestable works
- Solar Panels Lease
- Lease terms
- Contractual term
- Rent
- Reinstatement/Decommissioning
- Security bond
- Direct Agreements
- Security of tenure - 1954 Act applies unless excluded
- Mortgagee consent
- Option or Development Agreement
- Advantage for landowner/developer
- Who applies for planning permission?
- Structural survey
- Wind assessment survey
- Visual Impact Assessment
- Business rates
- Is the electricity being sold to the Grid or used by the landlord on site?
- Power Purchase Agreement
- Conditional upon the rooftop lease or a stand-alone agreement?
- Bid price for the electricity/obligation to take electricity?
- Who owns the electricity? Who owns any surplus?
- Battery Storage
- To balance your own scheme
- Rent - £/watt
- Tax
- Business Property Relief
- Inheritance Tax
- The Balfour Assessment for agricultural rooftops
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.