Yeloha: Solar for Everyone (via Sharing)
Yeloha was on Product Hunt yesterday (see here). It’s a way to share solar power among neighbors.
I don’t know about you, but I’d say the host benefits are a pretty compelling sell.
What do you think? Would you rent solar power from a neighbor? Would you rent to your neighbor? Is it cool enough to tell any of your past clients (now home owners) about Yeloha?
Gabe Sanders
Posted at 11:04h, 29 AugustI think this is a great idea. I’d certainly be willing to share mine or rent my neighbor’s.
Sam DeBord
Posted at 11:37h, 30 AugustIt’s really interesting. I almost signed up until I thought about the potential issue of selling, transfer of property with leased/non-owned utility equipment attached to the property. I’ll keep looking, but there are a lot of question marks in the logistics.
metabrewing
Posted at 13:31h, 30 AugustIt’s an interesting idea, but it looks like the net benefit that Yeloha offers is fairly minimal. Their example video on product hunt, which looked like the best possible scenario with the homeowner having a large south facing roof with 95% sun exposure is 25% off his annual bill. Other solar options offer better savings than that. For the person partnering with the host, they need to pay money up front and receive a 5-10% bill reduction.
marybeth muldowney
Posted at 08:19h, 14 OctoberFunny a Client reached out today to hear my thoughts on whether to purchase solar panels.
I do have my concerns, how will this effect the transfer of the property? will you be limiting your buyers as not everyone will buy into this? are there any home owners insurance implications? If a buyer does agree to purchase will this amount of lien be able to be financed within the mortgage or would the buyer have to come up with the funds etc? Mortgage lenders have become extremely specific regarding any liens on the property such as sewer betterments etc would this not be treated the same way? I look forward to your comments.