As a landlord or property owner, making the most of your roof space by installing solar on your rental property will similarly increase your total space value, adding appeal to current and future tenants. With this added value comes the likelihood of tenants being prepared to pay more money in rent as their cost in electricity will be reduced. Therefore, installation costs can be covered by the rent paid by the tenant.
For tax purposes, you can claim yearly deprecation losses as per the ATO. Additionally, you receive the benefits of the solar rebates, which will fluctuate depending on the required system size. This allows the government to assist with your overall costs, reducing the price of the solar system. Finally, tax deductions can be claimed on your purchase as a capital expenditure due to improving property assets.