Upgrading a property is expected to allow the owner to raise rents and attract higher caliber clientele. Owners have to decide if the cost of the improvement will generate additional revenue. And every improvement made has some useful life. Carpet maybe three to five years. Paint two to three years. Kitchen or bathroom seven to ten years.
So where does solar fall in all this?
Well, solar is one of very few improvements that shifts revenue from somewhere else to the owner! And…
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