Solar Power Use as Renter-Acquisition Strategy

[Matt Dickens]

Hey All, I recently just finished reading an article in the Wall Street Journal about the continuing rise of renewable energy sources led by their increase in efficiency and drop in implementation cost. I live and do real estate in Phoenix, AZ, and therefore have no lack of sun every year. I was curious if anyone is currently using solar power as a means to advertise lower rental costs to new renters, or if the strategy of implementing solar to decrease rental costs has been done by anyone else yet? If so, what do your cost breakdowns look like and what do you think having implemented the strategy? Best, Matt Dickens