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Updated about 3 years ago on . Most recent reply

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99
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Eric Hathway
  • Investor
  • Southern, NH
28
Votes |
99
Posts

Is adding solar panels working out for multifamily buildings?

Eric Hathway
  • Investor
  • Southern, NH
Posted

With spring right around the corner, I would like to lower my electricity bills by adding solar. Can anyone inform me on what I can expect? How does the billing work? What are people's general opinions on this? I have a couple of 10+ unit buildings in New Hampshire if that's important.

Thank you!!!

Most Popular Reply

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17,456
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30,144
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,144
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17,456
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Make sure before you jump into solar you consult with a local real estate agent.  There are some parts of the country where solar might raise your value, other parts where it can signifgiantly decrease your value, and other parts where it has zero effect.  You want to make sure you dont spend all this money to save yourself $50 a month then drop your property value by $25-$50k.

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