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Why solar panels may not lower your NYC rental's electric bills but still make sense

Summary by Brick Underground
Solar comes with a host of benefits—including fewer carbon emissions—but for New York City renters, it doesn’t always translate to lower utility bills. For many new apartment complexes, developers use rooftop solar to reduce the electricity bills for a building’s common areas—rather than individual apartments. For rooftop solar to lower your utility bills as a renter, the panels need to generate more electricity than is used to power the buildin…
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Brick Underground broke the news in on Wednesday, March 19, 2025.
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