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Скачать или смотреть How to make money with a solar roof lease in NJ

  • Solar Cents
  • 2023-07-21
  • 9
How to make money with a solar roof lease in NJ
solar roof leasesolar roofcommercial solarroof leasecommercial roofindustrial propertycommercial real estate
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Описание к видео How to make money with a solar roof lease in NJ

How to make money with a solar roof lease in NJ

Installing solar on your roof or parking lot gives your facility a competitive advantage for attracting high value tenants and reducing electricity costs.

There are three common configurations:

Behind the Meter

In-front of the Meter

Community Solar

What are the pros and cons of each?

FRONT OF THE METER SYSTEM:

A configuration where the energy production is produced onsite but the credit is going elsewhere.

EXAMPLE:

A property owner leases out a plot of land or rooftop space where a distributed energy company installs and maintains solar panels.

PROS OF THE SYSTEM:

All of the energy produced onsite will be sold to a utility company. In turn, the owner receives a site lease payment.

CONS OF THE SYSTEM:

Sold electricity cannot benefit the owner directly. The host site cannot offset its utility bill or generate renewable energy credits.

Behind the meter system: Describes a configuration where the energy produced onsite is also consumed onsite.

EXAMPLE:

A property owner partners with a developer like solar cents, that finances, installs and maintains rooftop and carport solar energy panels on their commercial property.

PROS OF BEHIND THE METER or NET METERED SYSTEM:

Behind the meter systems offer a predictable revenue stream and a reliable, clean energy source. Energy credits can be purchased to meet ESG goals.

CONS OF A BEHIND THE METER SYSTEM:

Multi-tenant properties may have difficulty implementing this system unless there is a master meter on the property.

Community solar systems

are solar configurations that are credited to multiple users in a specific utility are via a subscription model.

EXAMPLE:

Community solar systems are installed on a single property and the power generated is sold to local subscribers, typically low to moderate income subscribers that are unable to install solar panels at their residence.

PROS OF COMMUNITY SOLAR:

Customers in the same electric utility service area can subscribe and access the benefits of clean electricity produced by the solar panels.

CONS OF COMMUNITY SOLAR:

Community solar can only benefit areas where multiple users opt in. The benefits depend on participation

Not sure where to Start?

Solar Cents can help!

We develop, build, and finance renewable energy assets on real estate, acting as long-term tenants on properties. We want to lease your roof.

You gain all the benefits of solar across a portfolio of properties without costly capital expenditures.

Make your switch and schedule your call!

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