20 Jun '14, 4am

#GlobalREBubble #Singapore 'Homes With Solar Panels On The Rise' via @SGPropertyGuru

The number of residential solar panel installations in Singapore has increased from 35 in 2011 to 129 in 2013, said media reports. But those who are reluctant to install solar panels due to the high installation cost still have other options. SolarPVExchange, for instance, has offered to match a homeowner wanting to install solar panels with investors, who will pay the installation costs. As the homeowners enjoy reduced electricity bills, they will pay a percentage of the amount saved to the investors over the next 20 years. Investors, on the other hand, can expect to receive a minimum return of five percent. Another company that has tapped into the growing interest in solar technology is Sunseap Leasing. The company receives around 30 enquiries each month, up from five per month in 2010. “One reason is because solar panel prices have dropped over the years. Since 2009 til...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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