Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago, 05/26/2017

User Stats

362
Posts
115
Votes
Tevis Verrett
  • Lender
  • Woodland Hills, CA
115
Votes |
362
Posts

Solar Panels, Multi-Family, & Charging/Collecting Utilities: How To?

Tevis Verrett
  • Lender
  • Woodland Hills, CA
Posted

Good Morning my BP Peeps!

I read a post by Joe Bertolino that piqued my interest. He had just installed solar panels on his property and was awaiting the outcome.

I then searched BP to see if this question was already answered: If you install solar technology on your properties, how do you uncouple the separate fees your tenant pays and have them start paying you for the electricity?

How also, if you store energy in batteries, sell it back to the utility company?

Solar technology is the new holy grail, and if we can find a way to harness it, we will be the innovators. . .so how to?

As a mindtrust for my bretheren and sistren, here are some articles that I have gleaned from the superhighway:

Honda giving no to low cost financing:

http://www.clarkhoward.com/news/clark-howard/environment-energy/honda-rolls-out-home-solar-installation-initiative/nWsjD/

http://www.nytimes.com/2013/02/20/business/honda-to-offer-customers-a-home-solar-system-option.html

First Complex of 114 Apartments 100% Solar Building in San Diego:

http://www.cleanenergyauthority.com/solar-energy-news/san-diegos-first-100-pv-apartment-community-032913

California changing the law for COMMERCIAL applications:

http://docs.cpuc.ca.gov/PublishedDocs/Published/G000/M055/K434/55434149.PDF

While this press release is convoluted, perhaps another thread can discuss what the state of CA is actually doing with commercial applications and getting paid to create power for the grid, but I digress. . .

So back to my central question, how do you step up to solar efficiently & economically, then become the power company for your tenants?

I hopefully assume you are generating wholesale power and selling it retail to our tenants. . .

That would make us the big boys (and gurls)!

And also a lucrative cash cow.

So I turn to my learned brothers and sisters, what am I missing?

Is this a great idea, and before it's time?

. . . or is the future, now?

I stand on the shoulders of giants,

Tevis

Loading replies...