How much money will I make?
Owners typically see returns of 10-20%, depending on the details of their property (eg. location and roof aspect) and the size of the solar system they install. The price of electricity is forecast to increase dramatically in coming years, which will further improve Owner’s returns.
What if I sell my investment property or move into it myself?
Solar systems enhance the value of your property for everyone, including future investors or owner-occupiers, as recognized by the real estate industry Liveability Features. If the future owner lives in the property they can cancel SunTenants services without exit fees and continue to enjoy the solar system and household power monitoring system.
What happens when the property’s Tenant changes?
SunTenants takes care of settling the accounts of old Tenants and the onboarding the new Tenants. Payments to the Owner continue uninterrupted, as long as the property is not left vacant for more than two weeks, in which case payments are frozen until a new Tenant moves in.
Can SunTenants help me get solar on my own home?
Yes, Owners who install solar on multiple properties receive discounts from SunTenants’ trusted installers.
Who takes care of maintenance?
SunTenants’ services include taking care of any maintenance issues that may arise (note solar system’s are generally run for years without needing any maintenance). This is made possible by partnerships with leading providers of remote monitoring and on-site maintenance.
What if I already have solar on my investment property?
Perfect! All you need to do is install a SunTenants meter and then can start capitalising on your investment by charging Tenants for the solar power that’s being produced.