Should You Add Solar Panels To Your Miami Rental Property?

As an owner, you are no doubt always on the lookout for ways that you can increase the value of your Miami rental property and one of the things that you may be considering doing to your property is investing in solar panels.

Adding solar panels to your property is a smart decision to make because this will not only help you increase the value of your rental property, it will also make it possible for your tenant to lower their carbon footprint as well.

How Much Do Solar Panels Cost?

What range of costs should you expect to see in quotes for a solar panel system? The average price per watt for solar panels ranges from $2.57 to $3.35, and solar panel costs for an average-sized installation in the U.S. usually range from $11,411 to $14,874 after solar tax credits. Jan 3, 2020


Solar Panel Statistics

As of the end of 2018, the U.S. had 64.2 GW of installed solar–enough to power 12.3 million American homes. Solar energy accounts for 1.6% of total U.S. electricity generation. … Solar has ranked either first or second in capacity added to the U.S. electric total every year since 2013. Apr 14, 2019


Contact Miami Property Management

To learn more about the other improvements that you can make to increase the value of your rental property, or to speak with us about our Property Management Services, contact us today by calling (305) 428-3904 or click here to connect this online.

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  1. […] you planning on adding new properties to your portfolio of Miami Florida investment properties? If so, one of the questions that you may be asking is if it’s a good time for you to […]

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