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Wand Solar

We enable landlords to generate income from solar panels.

Wand Solar enables Solar Revenue for Income Properties owners. By empowering landlords to sell solar energy directly to tenants, we make it a no-brainer for landlords to adopt solar energy.
Active Founders
Idan Shahar
Idan Shahar
Founder
Itai Peri
Itai Peri
Founder
Wand Solar
Founded:2023
Batch:Summer 2022
Team Size:2
Status:
Active
Location:Tel Aviv-Yafo, Israel
Primary Partner:Jared Friedman
Company Launches
🚀 Wand Solar — Utility-style solar billing for landlords
See original launch post

🚀 Wand Solar — Bill Tenants for Solar Energy Like a Utility

👋 Hi everyone! We’re Idan and Itai, co-founders of Wand Solar.

🔥 The Problem

Solar wasn’t built for rentals.

Today, landlords invest in solar systems for their rental properties, but tenants get all the savings.

Landlords pay tens of thousands upfront—and see no return. ❌

We spoke with dozens of landlords who installed solar on their house, but when they moved out and kept it as a rental, they had no way to bill their tenants and recoup their investment.

https://www.youtube.com/watch?v=CW7_9W_ZDmI

⚡ What We’re Building

Wand lets landlords bill tenants for solar energy—just like a utility.

  • 💰 Tenants pay what they normally would for electricity (or less)
  • 🏠 Landlords finally earn from the solar systems they paid for
  • ⚡ Same utility line items and tariffs. Full transparency
  • ✨ Want to offer a deal? Set your own discount (e.g., 10%, 15%)
  • 💳 Tenants pay by credit card—just like any other utility
  • 🏦 Landlords get paid via wire transfer

No additional hardware. No tenant disruption. Just new income from the sun.

You earn first, we only earn when you do - we charge 10% of the solar revenue you collect.

🔄 How It Works

  1. Add your property and connect your solar system - just enter basic property info and link your solar setup.
  2. We track solar usage in 15-minute intervals - we measure how much solar energy your tenants use—accurately, throughout the month.
  3. We generate monthly solar bills using your utility’s rates - the bills reflect the same line items and tariffs your utility company uses.
  4. Tenants receive transparent, familiar-looking bills - nothing confusing—just clear, itemized solar billing that looks like a standard utility bill.
  5. Tenants pay, you get paid - tenants pay by card, you receive automatic transfers. You keep 90%, we take 10%.

💡 Why We Built This

Before Wand, we built a DevOps startup together. But we wanted to work on something with deeper impact—something that could actually move the needle on climate.

Then we saw this stat:

55% of electricity in the U.S. is used in rental properties.

Yet solar adoption in rentals is almost nonexistent—because of the split incentive problem: landlords pay for solar, but tenants get the savings.

It’s a broken system. And it’s a massive opportunity—both for reducing carbon emissions and unlocking billions in untapped properties across the entire value chain.

We built Wand to fix it. Now, landlords can finally earn from solar, and tenants still benefit from clean, affordable energy. Win-win.

🚀 Use Our Solar Income Calculator to See How Much You Could Earn—in Seconds.

🏁 Ready to Boost Your Income?

☀️ Already have solar?

Sign up now and get your first month free.

shoot us an email at [email protected] after you sign up to claim it.

🔧 No solar yet?

We’ll connect you with trusted installers—schedule a call or drop us a line **here.

Wand Solar — Utility-style billing for landlords with solar.

Check us out → www.wandsolar.com

📬 Questions? [email protected]

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