solar panel on rental property

Short-term rentals are booming, but with the rise in travelers comes a rise in environmental awareness. More guests are now actively seeking eco-friendly accommodation options. As a host or property manager, making sustainable upgrades like installing solar panels could set your rental apart, save on energy bills, and appeal to eco-conscious travelers. This guide will walk you through what you need to know about adding solar panels to your rental property. We’ll cover everything from understanding the basics to marketing your new solar-powered rental.

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solar panels on rental property

What to know about solar panels

Before taking the leap, it’s important to have a basic understanding of solar panels. Solar panels convert sunlight into electricity. It does this through something called photovoltaic (PV) cells. Depending on your local regulations, solar panels can provide the opportunity to live off the grid. There are three types of solar panels to familiarize yourself with:

  • Monocrystalline Panels (higher efficiency, longer lifespan)
  • Polycrystalline Panels (budget-friendly, slightly lower efficiency)
  • Thin-Film Panels (lightweight, portable, better for unconventional surfaces)

Benefits of solar panels

  • They’re eco-friendly. From a sustainability perspective, they’re an actionable thing you can do to decrease your carbon footprint.
  • You’ll save money. Using the sun to provide a chunk of your electricity will help lower your bills. Plain and simple. You may even qualify for the Solar Investment Tax Credit.
  • They can increase your property value.
solar panels on rental property
New house with black solar panels on the roof against a sunny sky Close up of new building with black solar panels. Zonnepanelen, Zonne energie, Translation: Solar panel, Sun Energy

Can you install a solar panel?

Before jumping in, you need to consider the following:

  • Is there enough sunlight? Consider your location. Also, panels on south-facing roofs tend to perform better.
  • Consider the condition of your roof. Can it handle the added weight?
  • How much space do you have? To be truly cost-effective, you need some sizable solar panels.

How to install a solar panel

Have a plan in place before jumping in.

Step 1: Choose a reliable installer

Don’t just hire anyone. Check out reviews and do some research before committing to a vendor.

Step 2: Get any necessary permits

Often your contractor will handle the permits needed for your solar panel. However, you want to be sure. Check in with your local governing authority to ensure you’ve got all your paperwork and permits in line.

Step 3: Design integration

Consider the aesthetic. First and foremost is the functionality and safety of the solar panel installation. However, when possible, work to ensure the solar panel matches the property’s style. This prevents the solar panel from becoming an eyesore.

Step 4: Install

Typically, the installation only takes a few days. During this time, be prepared for some minor disruptions, and be sure to turn off Instant Book on your calendar.

Promoting Your Solar-Powered Rental

Once your solar panels are in place, highlight this upgrade to attract guests and justify premium pricing.

Marketing sustainability

  • Use phrases like “solar-powered vacation home” or “eco-conscious stays” in your rental listings.
  • Highlight the lower carbon footprint of your property.
  • Mention the environmental and economic benefits of renewable energy in your description.

Appeal to eco-conscious travelers

  • Provide detailed information about your solar energy system and other green initiatives, such as recycling or water-efficient fixtures.
  • Include photos of your solar panels in your listing to visually emphasize your commitment to sustainability.

Partner with sustainable travel channels

Promote your eco-friendly rental on sustainable travel platforms or social media groups dedicated to green tourism.

Tips for the long-term

Solar panels are pretty low-maintenance, but there are a few things you can do to keep them in tip-top shape:

  • Keep them clean. Brush off dust, leaves, and any other debris. Doing this every few months or after heavy storms is a good idea.
  • Keep an eye on things. Many panels come with apps you can use to track how they’re doing and catch any oddities.
  • Schedule a professional inspection every 1-2 years to check for any wear and tear or if the performance is starting to decrease.

Long-term savings

The saying “buy once, cry once” rings true here. Yes, the upfront investment of solar panels can be steep. However, the long-term savings of these panels are worth it. Many hosts report seeing their savings over the course ot 6-10 years of hosting.

Added property value

According to a study by the National Renewable Energy Laboratory (NREL), homes with solar panels sell about 20% faster and for 17% more than their counterparts without solar energy, making it a sound investment if you plan to sell in the future.

solar panels on rental property
happy family on the background of a house with solar panels on the roof. Selective focus.

Final thoughts

As you can see, solar panels are a lot more than a trendy environmentally-friendly feature. Rather, they’re a chance to reduce how much energy you’re using, lower your electric bills, and attract an ever-increasing audience of eco-conscious guests.

Host Tools provides an automated, unified calendar for short-term rental hosts, allowing you to seamlessly list on all major channels. Start your free trial today!

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