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Updated almost 2 years ago,
New Solar installation on a rental
San Diego will go from NEM 2.0 to NEM 3.0 in April. The new program is much less favorable and current tax credits for Solar have gone from 26% to 30%. Utility rates continue to climb substantially. Does it make sense to invest in solar for the rental considering the tenants pay utilities? Can it help offset rent increases? Does it ultimately improve resale value? Thanks.