{"id":56474,"date":"2021-11-30T07:08:56","date_gmt":"2021-11-29T20:38:56","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=56474"},"modified":"2021-11-30T07:08:56","modified_gmt":"2021-11-29T20:38:56","slug":"renters-solar-homes-mb2255","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/renters-solar-homes-mb2255\/","title":{"rendered":"How Much More Do Renters Pay For Solar Homes In Australia?"},"content":{"rendered":"

\"Solar<\/p>\n

A newly published study answers the question: “Do solar panels increase housing rents in Australia?” – and by how much.<\/p>\n

While a lot has been written (and perhaps exaggerated at times) about solar panels increasing home value<\/a> in Australia, there hasn’t been much on how much they increase rental value in terms of what Australian renters are actually paying.<\/p>\n

There is a high level of interest among Australian renters to live in a home with a solar power system installed. Research published<\/a> by The Australian Institute early this year indicated two in three South Australian renters do not have solar on their homes but would welcome their landlord installing it. 38% were willing to contribute to the cost if it reduced their energy bills by at least as much as they contributed to the solar system.<\/p>\n

A new study led by Rohan Best, Senior Lecturer from<\/span> the Department of Economics at Macquarie University, Sydney looked into the relationship between solar panels and housing rents. Unfortunately, I only have access to the abstract<\/a> as I’m too tight to pay the ~$63 to peek at the full research article; so here’s a very brief summary:<\/p>\n

“This study finds that Australian renters with solar panels pay approximately A$19 more in weekly housing rents than non-solar renters. The results suggest that landlords have been able to benefit from investments in solar panels through higher rent, with a payback period of around 5\u2009years.”<\/p><\/blockquote>\n

At an average of $19 a week rent boost and a payback of approximately 5 years, that would be a system costing around the $5,000 mark after subsidies.<\/p>\n

So, what does ~$5,000 buy? According to SolarQuotes’ Australian Solar Price Index<\/a>, a system in the 4kW – 6.6kW range currently. As for how much renters could save, as an example a 5kW solar system<\/a> installed in Brisbane could provide electricity bill savings of around $1,200 a year. A larger 6.6kW system could provide renter savings of around $1,500 a year.<\/p>\n

Solar Incentives For Landlords<\/h2>\n

Landlords are able to take advantage of Australia’s solar rebate<\/a>, and some states also have additional schemes. For example, under Victoria’s solar panel rebate<\/a> for rental properties<\/a>, an additional subsidy of up to $1,400 is available plus the option of an interest-free loan. It’s worth pointing out that both of these “rebates” are actually up-front discounts.<\/p>\n

A rental home with solar installed should make it more attractive to more potential renters – not that there appears to be any shortage on the demand side of renting in Australia at the moment. But it may provide a landlord a greater choice of quality tenants.<\/p>\n

To make a rental property even more attractive – particularly in the case of larger family homes – a 6.6kW solar system<\/a> is worth considering as that offers better bang for buck and greater electricity bill savings. Currently the most popular system size, pricing in October indicated a 6.6kW system was around the same cost as 5kW – the national average in October was $5,512.<\/p>\n

But as with buying solar for an owner-occupier premises, landlords should research solar well<\/a> before signing on the dotted line for a system to ensure they are acquiring a quality improvement for their properties and not future headaches. Spending a bit extra for a quality system will help maximise returns from a solar investment.<\/p>\n

As SolarQuotes Founder Finn mentioned last week in his discussion on ABC Radio’s Nightlife<\/a>, the economics of home solar power are such that every homeowner will likely have panels on their roof in the not-too-distant future.<\/p>\n

\u201cThe challenge is getting it on rental roofs, which I think is 40% of housing stock,” Finn said.<\/p><\/blockquote>\n

With so many renters keen on the financial and environmental benefits of harvesting solar energy, it would be great to see more landlords in Australia installing panels on their rental properties as it appears to be a win-win all round.<\/p>\n","protected":false},"excerpt":{"rendered":"

A newly published study answers the question: “Do solar panels increase housing rents in Australia?” – and by how much.<\/p>\n","protected":false},"author":17,"featured_media":56475,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-56474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nHow Much More Do Renters Pay For Solar Homes In Australia?<\/title>\n<meta name=\"description\" content=\"A newly published study answers the question: "Do solar panels increase housing rents in Australia?" - and by how much.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/renters-solar-homes-mb2255\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Much More Do Renters Pay For Solar Homes In Australia?\" \/>\n<meta property=\"og:description\" content=\"A newly published study answers the question: "Do solar panels increase housing rents in Australia?" - 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More Australians are renting than ever \u2014 just under one-third of the population are living in rentals \u2014 with renting shifting from\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"An Australian couple huddled under a blanket in their rental home","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/07\/renters-energy-efficiency.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/07\/renters-energy-efficiency.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/07\/renters-energy-efficiency.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/07\/renters-energy-efficiency.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/07\/renters-energy-efficiency.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":98248,"url":"https:\/\/www.solarquotes.com.au\/blog\/queensland-solar-for-renters-scheme-heats-up\/","url_meta":{"origin":56474,"position":1},"title":"Queensland’s Solar For Renters Scheme Heats Up","author":"Kim Wainwright","date":"March 13, 2026","format":false,"excerpt":"Queensland\u2019s Supercharged Solar for Renters program is beginning to gain traction, with more than 250 applications now conditionally approved and several installations already completed, according to Queensland Treasury. What's The Latest With Queensland's Solar for Renters Program? \u201cThe Queensland Government is delivering cost-of-living relief for Queenslanders through the Supercharged Solar\u2026","rel":"","context":"In "Solar Panels"","block_context":{"text":"Solar Panels","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-panels-2\/"},"img":{"alt_text":"Qld solar for renters update","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/03\/solar-for-renters-update.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/03\/solar-for-renters-update.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/03\/solar-for-renters-update.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/03\/solar-for-renters-update.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/03\/solar-for-renters-update.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":91334,"url":"https:\/\/www.solarquotes.com.au\/blog\/greens-solar-renters-mb3158\/","url_meta":{"origin":56474,"position":2},"title":"The Greens’ Solar For Renters Pledge: A Bridge Too Far?","author":"Michael Bloch","date":"April 11, 2025","format":false,"excerpt":"More stick than carrot could be perceived in the Greens' proposed Renters Right To Solar pledge. It will be interesting to see how landlords react. \u201cThere are seven million renters in Australia and they deserve to be able to cut their power bills and reduce their emissions, just like homeowners\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar panels on a rental home rooftop","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/solar-renters-greens.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/solar-renters-greens.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/solar-renters-greens.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/solar-renters-greens.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2025\/04\/solar-renters-greens.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":25651,"url":"https:\/\/www.solarquotes.com.au\/blog\/victoria-labor-solar-renters\/","url_meta":{"origin":56474,"position":3},"title":"Up To 75% Off Solar For Renters — If Victorian Labor Reelected","author":"Ronald Brakels","date":"November 12, 2018","format":false,"excerpt":"Victorian Labor has announced a scheme to put solar panels on the roofs of rental properties and allow tenants to benefit from the lower electricity bills it provides.\u00a0 The catch is it relies on Labor being reelected on the 24th.\u00a0 But, looking on the bright side, if the Victorian Liberals\u2026","rel":"","context":"In "Solar Policy"","block_context":{"text":"Solar Policy","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-policy\/"},"img":{"alt_text":"solar for renters in Vic","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/solar-renters-vic.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/solar-renters-vic.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/solar-renters-vic.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/solar-renters-vic.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/11\/solar-renters-vic.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":26469,"url":"https:\/\/www.solarquotes.com.au\/blog\/rooftop-real-estate-solar-mb0858\/","url_meta":{"origin":56474,"position":4},"title":"Australia’s 43GW-61GW Of Residential Rooftop Solar Potential","author":"Michael Bloch","date":"December 11, 2018","format":false,"excerpt":"Australian grassroots solar advocacy group Solar Citizens says while 6GW of solar capacity is currently installed on residential rooftops throughout Australia, there's potential for much, much more. Distributed solar energy in Australia is generating 8,900GWh of electricity per year - and that figure is growing. It's more than what is\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Residential solar potential in Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/solar-potential-australia.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/solar-potential-australia.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/solar-potential-australia.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/solar-potential-australia.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":41673,"url":"https:\/\/www.solarquotes.com.au\/blog\/renters-victoria-solar-mb1618\/","url_meta":{"origin":56474,"position":5},"title":"Victorian Government Wants Solar Panels On More Rental Homes","author":"Michael Bloch","date":"July 28, 2020","format":false,"excerpt":"An expansion of Victoria's Solar Homes program is providing landlords with an interest-free loan in addition to the state's generous solar subsidy. Victoria's solar panel rebate currently offers homeowners (including landlords) a subsidy of up to $1,850 on a solar power system, plus there's the very generous national \"solar rebate\"\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar power for renters in Victoria","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/07\/solar-renters-victoria.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/07\/solar-renters-victoria.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/07\/solar-renters-victoria.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/07\/solar-renters-victoria.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/07\/solar-renters-victoria.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/56474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=56474"}],"version-history":[{"count":8,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/56474\/revisions"}],"predecessor-version":[{"id":56483,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/56474\/revisions\/56483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/56475"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=56474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=56474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=56474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}