Going solar is an enormous benefit if you want to rent out a property. 85% of Australian’s said they would be happy to pay extra for a property that lease if it had Solar Power. Australian’s are becoming more and more environmentally conscious and making your property energy efficient will definitely give it an advantage in the rental market over fossil fuel powered homes.
A standard 5kw solar array should be enough to cover your tenant’s needs and you can make money off what you feed back into the grid. So not only are you making more on rent, you’re also making money off powering your rental property.
If you have a few rental properties, or lease a rental property, there is also the added benefit of accruing more STCs and taking advantage of government subsidies.
So, by powering your leased property by solar, not only can you make more money off your property you can also make a difference to the health of the environment. It really is a worthy investment for landlords and renters alike.
As is usually the case, installing a solar array on a rental property is beneficial for all parties and on a number of levels. People are prepared to pay for clean energy and its time for all the landlords out there to start cashing in.
We can also organise monitoring systems so you can track the energy production and use of your rental properties to make sure you’re getting as much out of your solar investment as possible. One of our electricians can come out and conduct an energy efficiency test to make sure your property is fitted out with everything to run with as little electricity as possible, saving you money and maximizing your return.