Cubbi’s Landlord Academy came up with a list of great ideas to help you increase your rental yield. You can read the full list on their blog … but at #7 was Solar Power:
This one is a little more expensive, but definitely worth it. Having solar power can be a great attraction for tenants as they’ll save plenty on their electricity bill, (which means they can afford slightly higher rent).
There are heaps of new technologies making it easier for landlords to not only install systems, but build them specifically for investment properties.
One in particular, Matter Solar, allows tenants to buy discounted electricity directly from the landlord – the company even installs the panels, bill the tenants and transfer payments to landlords.