When you keep tenants in a property, you expect that they are totally satisfied and happy. There are several aspects that contribute to this satisfaction.
How will solar on rental property make a difference in tenant satisfaction and retention?
Statistics say that with millions of commercial solar installations happening daily in Australia, positive tenant experiences are going higher.
More and more domestic as well as commercial property owners are realizing that solar programs don’t just add revenue and increase property value; they are also a critical thing in increasing tenant satisfaction and retention.
Here’s a look at the key benefits of installing landlord solar systems from a tenant’s perspective.
- Lower utility cost: It is the most basic benefit of installing solar panels for tenants. Once the panels start producing electricity, tenants will see a decrease in their monthly utility bill.
- Clean energy generation: Adopting renewable energy is a high priority to a growing portion of tenants and property owners. When you provide renewable energy to your tenants, it makes your building more energy efficient. Solar energy is a Green and Clean energy source that adds to the environment and our planet. With the popularity of renewable sources, it has become an essential aspect of every property.
- Marketability: Your tenants are able to market their business when they use clean local energy without investing their own financial resources. It is a great value addition to your tenants that can help them increase their own business success.
- It is quite fast: Not only installing solar panels cost is low, but the process is also quick and hassle-free. Tenants receive one bill and make one payment. A solar panel installer provides paper or paperless billing, manual, and auto pay options. All tenants have access to their utility bills as well as solar bills. Usually, the process is easy-to-use using a quick and easy interface.
- It keeps you ahead: Since solar energy is a new-age and smart and renewable source of energy, you can become an example in front of others. Your tenants will also feel important and modern. Thus, solar energy has an important differentiating aspect.
Solar energy has gained tremensous popularity in recent years. Since solar energy production is getting cheaper and more easily available, your tenants get benefits. As a property owner, you also get benefited by reducing your utility bills. Call a renowned solar energy system installer in the town. It will make the process easy.