Property Investors around Australia now have the opportunity to profit from the installation of a solar power system on their rental properties.
The unique program designed by Solar Investor has removed all of the barriers that Property Investors were experiencing and has ensured that solar power can now achieve a return on investment upwards of 20% pa.
So why didn’t solar work for investors in the past?
Prior to the Solar Investor program, the metering system was designed for single residential use only. Therefore the tenants were the sole beneficiaries of the cheaper solar power whilst the landlord was responsible for payment of the electricity as well as the administrative management of the asset to generate profit.
Through the installation of our specialised metering, investors are now able to profit from the power generated and used by the tenant. The specialised metering systems, designed by Solar Investor, essentially established the investor as a small scale power generator.
Integrated within this program are reporting and data collecting capabilities that provide the investor with usage and ROI reporting, whilst ensuring the tenant is billed directly and is the main account holder with the energy provider and therefor liable for the power bill.
So how does this differentiate from past solar installations on rental properties?
Firstly, the Property Investor was the account holder and fully responsible for account liabilities. Under the Solar Investor program, this is no longer the case. The tenant is the account holder and is fully responsible for all account liabilities.
Secondly, the Property Investor in the past was required to collect money owing from the tenant as well as constantly negotiate ROI based on current electricity tariffs. This proved to be very high risk for the landlord, as well as time consuming. Solar Investor are a solar power management company, working with retail energy providers to ensure the landlord is both liability free and generates a return on his/her investment.
Under the Solar Investor program, solar is now a profitable investment option for Property Investors around Australia, ensuring they receive returns on investments upwards of 20%.