ᐅ Photovoltaic system on a multi-family building. Is 100% approval from the homeowners' association required?
Created on: 2 Sep 2021 16:31
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fraubauer
Good day.
A multi-family building is due for a major renovation.
The question arises whether to install a photovoltaic system on the roof.
The multi-family building consists of 4 owners, so it is a homeowners’ association (HOA).
How is the consultation or vote carried out to decide if a photovoltaic system can be installed on the roof?
Do all owners have to agree?
Or— as is usually the case—does the majority count?
Does the owner of the top-floor apartment have to accept the installation of the photovoltaic system? The roof is common property after all.
Is such a photovoltaic system financed through the reserve fund? Or is it unrelated to the reserves?
The electricity is intended to be partly self-consumed and partly fed into the grid.
Are there any practical experiences here?
Thank you very much.
A multi-family building is due for a major renovation.
The question arises whether to install a photovoltaic system on the roof.
The multi-family building consists of 4 owners, so it is a homeowners’ association (HOA).
How is the consultation or vote carried out to decide if a photovoltaic system can be installed on the roof?
Do all owners have to agree?
Or— as is usually the case—does the majority count?
Does the owner of the top-floor apartment have to accept the installation of the photovoltaic system? The roof is common property after all.
Is such a photovoltaic system financed through the reserve fund? Or is it unrelated to the reserves?
The electricity is intended to be partly self-consumed and partly fed into the grid.
Are there any practical experiences here?
Thank you very much.
N
nordanney3 Sep 2021 12:03fraubauer schrieb:
In such a case, you probably have to offer something to the owner who is against it.You don’t have to offer them anything at all. Then there is a close vote, and they simply don’t have to pay for it. However, they also won’t benefit from the advantages. And the "offer" not to be charged is very appealing. May the force be with you.H
hampshire3 Sep 2021 12:12Besides deciding to invest themselves, the homeowners' association can also lease the roof area to someone who operates a photovoltaic system on it. Advantage: a predictable return, even for the most skeptical. Disadvantage: lower profitability. Caution: there are many scam offers out there.
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fraubauer3 Sep 2021 12:20Such a topic must be discussed openly and honestly with everyone involved. A binding cost estimate with an amortization plan is probably important here as well.
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nordanney3 Sep 2021 12:28fraubauer schrieb:
A binding cost estimate with an amortization plan is probably important here as well.First, consider how the electricity will actually be used and distributed. Only then can reasonable plans be made. It is much cheaper to simply feed everything into the grid than, for example, to install self-consumption meters and set up the necessary billing. However, in that case, the system might only pay off after about 12.5 years instead of 7 years.