SFR rental with solar system

[Claudia Lewis]

How do you handle your SFR with a solar system? Is it best to sell the tenant a specific amount of kwh for a specific price? I'd be interested to know how others handle this, what works and what doesn't work.

[Logan Boesch]

@Patrick Sugg We've installed a ton of these on short and long term rentals. If you plan on doing this on a long term rental I would recommend coming up with a fixed cost for what you want to charge the tenant for electricity and bill it as a separate line item to not price yourself out of the market. (A side note: one thing a lot of landlords don't think about is how hard it can be for a tenant to swallow a $300+ electric bill in the heat of summer when the AC Doesn't turn off. Flattening that out to a fixed payment has gotten great feedback from tenants.) Then you can either transfer the remaining utility bill over to the new tenants so they pay any overage above the fixed cost (easiest) or charge the tenant an overage to compensate for any difference (makes more money but a little more work).

Let me know if you have any other questions or concerns.

Logan Boesch

Freedom Solar Energy