Berlin-based Enpal offers a fully integrated solar panel rental programme to consumers.
The company’s plans last 20 years and include installation, maintenance and repair costs.
Customers are charged a flat fee of €49 a month, which often works out cheaper than a standard electricity bill. The systems have an expected lifespan of around 30-40 years, with customers able to purchase them at the end of the contract for a symbolic €1.
The entire process of ordering, installing and maintaining the panels can be managed via Enpal’s digital platform, helping to massively simplify solar for consumers.
While solar panel leasing services have existed for some time, Enpal’s user friendly approach is attracting significant attention. The company has raised almost €2bn in funding and has been profitable since 2022.