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Updated about 9 years ago,

User Stats

56
Posts
17
Votes
Pete Schwan
  • Commercial Real Estate Broker
  • North Shore, MA
17
Votes |
56
Posts

4 Reasons to go Solar on Income Property

Pete Schwan
  • Commercial Real Estate Broker
  • North Shore, MA
Posted

Wondering if a solar array with SolarCity is a good idea for your rental property? Consider the following:

1) SolarCity systems can increase the resale value of your property.

2) It costs no money to go solar with the Power Purchase Agreement. $0 cost, immediate return.

3) When considering two properties to rent, all things being equal and one is solar, the tenants would prefer to rent the "Green Home" over the non-green home.

4) Going with a SolarCIty PPA the tenant will have lower utility bills at a fixed rate, other rental properties will have higher electric bills, again giving your property a competetive advantage.

Contact me for a phone consultation. Thanks! ~Pete

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