Feed-in tariff (FIT) lease of part | Practical Law

Feed-in tariff (FIT) lease of part | Practical Law

A lease of airspace above the roof of a commercial property for the installation of photovoltaic (PV) panels. The tenant pays the cost of installation and retains the Feed-in Tariff (FIT) payments attributable to the energy generated from those panels. The landlord has the right to draw free electricity from the PV panels.

Feed-in tariff (FIT) lease of part

Practical Law UK Standard Document 2-504-9613 (Approx. 71 pages)

Feed-in tariff (FIT) lease of part

Law stated as at 17 May 2017, England, Wales
A lease of airspace above the roof of a commercial property for the installation of photovoltaic (PV) panels. The tenant pays the cost of installation and retains the Feed-in Tariff (FIT) payments attributable to the energy generated from those panels. The landlord has the right to draw free electricity from the PV panels.
This lease is based on the Standard document, Lease of floor(s) of an office block with guarantee and prescribed clauses. The integrated drafting notes in this lease explain where and why it differs from that source standard document.
NOTE: This resource is no longer maintained because the FITs scheme closed to new applicants from 31 March 2019. For more information, see Practice note, Feed-in tariffs (FITs): overview: Closure of FITs.