How much utility premium does the speaker charge for solar on the rental property?

Steve D ValentineReal Estate Mentor

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28 Aug 2023 · 0 min

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Steve D Valentine explains how to handle solar leases on rental properties. Charge tenants a utility premium to cover your costs, whether you love solar panels or hate them.

Questions this video answers

About $100 per month ("we do charge like $100 premium for having solar on the property")

A trick you can use if you have solar property on your rental. So this property we bought, it came with a solar lease. I'm not a huge fan of it, but it was a really good deal, so we took it anyway. What we do do in the property management side is we do charge a utility premium for the solar on the property because it does reduce their utilities. So we do charge like $100 premium for having solar on the property, which helps to tenant out, kind of offsets our expense for the lease. So that is just one thing you can do if you do have solar on your rental properties.