If you’re renting a property, it is still possible to go solar, but we’d need to speak with your landlord or property owner.
As a landlord, you may think it’s not worth it to put solar on a property where others use the electricity, but that’s not the case.
If you bought solar for the entire property, you could take on and offset the bill for the entire property and be left with just a loan payment. You could then charge your tenants a flat monthly rate in order to pay the monthly loan payment. In nearly every case, the renters would significantly lower their monthly energy bill by paying the landlord instead of the utility and the landlord would be left with little or no energy payment whatsoever. On top of that, adding solar will increase your property value.
Of course you could also purchase the system with cash or opt for a lease, but the loan is often the best option for renters and landlords. It’s a win-win.