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Updated over 7 years ago,
Due Diligence Regarding Solar Panels
I'm not all that familiar when it comes to the purchasing/selling of homes that have solar panels. As an agent, I'm starting to see more and more properties in my area be listed with solar panels so I'd liked to gain more knowledge around this topic. What are some of the more important questions I should be asking or things I should be looking for regarding due diligence of solar panels? I know some of the very basics like are the solar panels purchased outright or leased? If they are leased, how many more years are left on the lease? Do these solar panels provide SREC certificates?
Any insight would be helpful regardless of whether its investor specific or residential specific. In fact, I'd like to hear both sides if possible!