As a commercial or industrial real estate owner you have probably been approached by a solar company before. They say the same thing - solar is good for the environment! But, what about your economics? You already know you don't have to spend any money on the installation, as the solar provider would sign a power purchase agreement (PPA) with your tenants. But, why the hassle?
The typical selling features for commercial and industrial real estate owners:
Solar Benefits for Landlords
- Reduced utility electricity consumption leads to reduced operating costs, and reduced exposure to volatility of energy prices
- Enhances marketability of the building
- Lowers occupancy costs which facilitates the ability to charge higher rent
- Improves tenant retention due to lower operating expenses
Solar Benefits for Tenants
- Lowers electricity costs
- Stabilizes electricity costs
- Supports corporate sustainability goals
- Demonstrates environmental responsibility to employees and the community
But, you may not know you can benefit from an additional tenant - a rooftop tenant.
Yes, you can charge a rooftop tenant rent.
Yes, your tenants can receive electricity for a lower cost than the utility is charging them.
If that changes the conversation, let's chat.
info@ventura.energy