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Updated over 4 years ago on . Most recent reply
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Should I put solar panels on my future SFR
I've got a single family home that my wife and I are living in while rehabbing. We're moving out of state in about a year and were recently pitched the idea for solar panels on the house. We're in the panhandle of Florida with a good south facing roof. The payment plans basically cut out $40/month from our electric bill, but that's with just my wife and I living in a 4 bedroom home.
Questions being, what do you all think about putting the panels on? The payment plan is over 25 years which is a lot to swallow. And I'm wondering if it will be worth it in the long term to rent it out and basically provide my tenants with about a $150/month electric stipend, but I would then have to add that into the rent.
Thoughts??
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@Andrew Smith
Thanks for the reply. The addendum is definitely a good way to go if I choose to go with it!