Solar offers an opportunity to increase cash flow on existing buildings without additional units or rent-raises. But what does a clear-headed analysis show? Can solar be cashflow positive? How can it pay if renters get all the electrical savings?
Thanks to the new SMART solar credit program, which replaces SREC auctions, solar panel systems can now be used to generate cash flow directly. And for landlords interested in revising their utility arrangements with renters, such systems can be monetized at market utility rates without assuming the liability of "utilities included."
SMART credit blocks are closing depending on the size of your intended system and location. This presentation will have relevance for Eversource and National Grid customers in Medford, Malden, Everett, Chelsea, Somerville, Cambridge, Arlington, Boston, and many other places (Belmont owners and others with a local municipal electric utility are regrettably not always included, check with our speaker before purchasing a ticket.).