Increasing Rental Properties Cap Rate with Solar Energy
Maximize ROI by leveraging unused roof space to generate solar energy and bill tenants for their solar energy consumption
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Maximize ROI by leveraging unused roof space to generate solar energy and bill tenants for their solar energy consumption
We empower real estate companies and private landlords to boost their properties’ ROI by utilizing unused roof space, going solar, and billing tenants for solar energy consumption. Until now, rental property owners have been excluded from the booming solar market, which has grown 10x in the past decade and generates billions in revenue for owner-occupied properties each year. Wand Solar opens up this opportunity for rental property owners, allowing you to join the momentum and enjoy the same lucrative investment.
Got questions? We've got answers!
Installing solar panels on your rental properties provides numerous benefits. You can earn additional revenue by billing tenants for their solar energy consumption. Solar-powered properties also attract eco-conscious renters, enhance tenant retention, and increase overall property appeal. Furthermore, solar installations can boost property value, help meet ESG goals, and potentially reduce operating expenses.
Yes, Wand Solar can integrate with your existing solar panel system. We provide a platform that allows you to monetize the solar energy generated by your panels, enabling you to bill tenants for solar energy consumption, while keeping the billing simple and transparent.
No, Wand Solar does not require any additional hardware beyond the solar system itself. If you already have solar panels, our platform integrates seamlessly without extra equipment. If you don’t yet have solar panels, we can assist with installation through our certified partners.
Wand Solar operates on a revenue-sharing model. You install solar panels, and we help you monetize the energy generated by allowing you to bill tenants for their solar energy consumption. Our platform takes a small fee from the solar energy revenue you generate, ensuring that your earnings grow as your tenants’ energy consumption does. There are no upfront costs for using our platform, and we only succeed when you do.
Discover the firsthand experiences of landlords who have partnered with Wand Solar to unlock new opportunities and maximize their rental income.
Wand Solar has revolutionized the management of my rental properties. Their platform allows me to easily monetize solar energy, adding value for my tenants while significantly boosting my revenue. This approach has effectively increased my properties’ cap rate, providing a clear boost to my investment returns.
Thanks to Wand Solar, my rental property is not just sustainable but more profitable. The solar billing system has increased my monthly income by an average of $110 while making a positive impact on the environment. It’s a win-win solution that enhances both my revenue and my contribution to reduce carbon emissions.
Choosing Wand Solar was one of the best decisions I made for my rental properties. By offering a 10% discount on energy costs, I was able to quickly attract eco-conscious tenants. The addition of solar not only improved the sustainability of my properties but also made them stand out in a competitive rental market, making it much easier to fill vacancies
