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General Landlording & Rental Properties

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Kenny Lincoln
  • Investor
  • Charlotte, NC
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25
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Rent Your Roof for Solar, Has Anyone Tried This Before ??

Kenny Lincoln
  • Investor
  • Charlotte, NC
Posted Jun 18 2018, 08:52

Has anyone rented their roof for additional monthly income as it relates to solar energy?

This opportunity has presented itself to me and I'm doing a bit of research. I can rent my roof to a company for solar power. If the roof needs repairs they would handle that process and maintain the solar equipment. Lease terms are usually 20 years or longer, they would cut me a check for renting my roof. My tenants would keep paying the regular utility bills each month while I make money off the roof. I could offer my tenants a credit towards monthly utility bills based on how much income I make from the solar company.

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