Investing in solar panel

[Matthew Zichelli]

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?