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Homeowners Renting Roof Space to Energy Companies

Homeowners Renting Roof Space to Energy Companies

In the race for renewable power, every piece of open space is valuable. That's why energy companies have recently started turning to homeowners for solar energy.

The most recent company to rent roofspace on houses is North Carolina's Duke Energy, which plans on renting 425 roofs beginning next year. Duke's $50 million investment in the program will yield power for 1,300 homes and will cost residential customers in the state eight cents per month extra.

In the coming years, Duke's program will most likely expand to thousands of sites in an attempt to fulfill North Carolina's requirement of 12.5% renewable energy by 2021.

Other companies pursuing home-grown solar projects include Delaware's Citizenre and Wisconsin's Second Nature.

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