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General Landlording & Rental Properties

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Jay Levy
Pro Member
  • Rental Property Investor
  • New York City, NY
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63
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Solar Panels on Multi Family Properties

Jay Levy
Pro Member
  • Rental Property Investor
  • New York City, NY
Posted Dec 6 2018, 20:25

I’m looking into install solar panels on several multi-family properties (2 - 4 units). During the summer months we rent these properties to short-term renters and we pay the electric bills. In the winter months we put longer term tenants in and they pay the electric bills.

Does anyone have any experience on putting solar into multi-family properties... some questions i have are:

- Did you remove the sub meter and just have one meter for the entire property?

- How did you bill your tenants for usage?

- Any other tips / ideas / learnings from doing this would be helpful.

Thank you

Jay

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