All Forum Posts by: Ernest Plasencia

@Andrew Smith I appreciate the insight.

I have received sale pitches from 3 different companies in order to understand their structures and things they are structured.

It seems like a form of “force appreciation” due to how much they add to property value. One company has structured their monthly payment more then half of what my average electrical bill would be.

If I pull the trigger on this I’ll share some of the monthly data on it after having one.

@Pete Harper much appreciated. Thank you.

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.