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Updated almost 5 years ago on . Most recent reply

Matthew Zichelli's profile image
Matthew Zichelli's profile image
Matthew Zichelli
  • Developer
  • from New Jersey
  • Member since Apr 22, 2020
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Matthew Zichelli's profile image
Matthew Zichelli's profile image
Matthew Zichelli
  • Developer
  • from New Jersey
  • Member since Apr 22, 2020
Connect
Matthew Zichelli
  • Developer
  • New Jersey
1
Votes |
4
Posts
Real Estate Technology

Investing in solar panel

Matthew Zichelli
  • Developer
  • New Jersey
Posted

Good morning BiggerPockets community,

I have been researching the profitability of placing solar panels on commercial properties in New Jersey. I have a few estimates, and I am looking to see what other investors look for in solar returns. I am looking to purchase the panels rather than lease the roof to a solar company. In addition, I am curious how commercial tenants find value in not paying for utilities. Has anyone in New Jersey invested in solar panels under the new 2020 state incentives? Also, has anyone opted to pay tenant utilities in exchange for higher rent?

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