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Updated about 4 years ago,

User Stats

4
Posts
1
Votes
Ernest Plasencia
  • Rental Property Investor
  • Harker Heights, TX
1
Votes |
4
Posts

Solar Panels on a rental in TX

Ernest Plasencia
  • Rental Property Investor
  • Harker Heights, TX
Posted

I am closing on my first SFH that will eventually be rented out in Harker Heights, TX. The neighborhood and surrounding areas have tons of homes with solar panels.

I am about to start running numbers on the possibility on costs/energy savings/ and electrical company potential credit back from

Energy collection. I’ll figure out how to calculate that the hard way.

Has anyone had success with it? Is it even profitable on a rental?

Pros-

no money down, free installation.

Maybe some credit back on utilities

Cons- Additional monthly expense.

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