Should you add solar panels to a rental property?

Adding solar panels to a rental property can increase its desirability to prospective renters, which may lead to higher rental value. Tenants are attracted to the lower utility costs associated with solar energy, as well as the environmental benefits of using renewable energy.

What are the benefits of solar panels on a rental property?

Another benefit of solar panels on a rental property is the increase in property value. Advanced technology such as solar panels can attract more interest, especially from environmentally-conscious renters.

Are solar panels a good option for renters?

The simple answer for renters who want solar panels for their apartment or house is that it's possible!

How can a renter benefit from community solar?

If you're a renter looking to benefit from solar, the best way to start is to compare community solar projects on the EnergySage Community Solar Marketplace. By subscribing, you can filter by all sorts of project details, read about individual developers and panel locations, and compare your estimated yearly savings.

Can a homeowner lease or rent a solar power system?

No, only the homeowner can enter an agreement to lease or rent a solar power system. Furthermore, solar leases and rentals are designed to be long-term arrangements, so there’s a big financial penalty for removing the solar panels before the contract term is up. 1. Ask your landlord to install solar panels

Can You charge tenants for solar power?

You can charge tenants for solar power produced by the solar panels on a rental property. This can be done by integrating the solar energy generated into the tenants’ utility bills or through a separate line item charge.