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There’s a reason why the biggest names in real estate are transforming their rooftops into high-performing sustainable assets. Community Solar rooftop leases create a new tenant class for industrial property owners, enabling them to generate revenue and power their community at the same time.
In a community solar model, solar arrays are installed on a central location, often the rooftop of a commercial/industrial building. The energy generated is sent to the grid with a requirement to sell the energy at a discount to individual “subscribers” in the community – often low-to-moderate-income households, as well as local businesses.
Community solar is a win-win; it provides solar benefits and cost savings to low-income communities, creates revenue-generating opportunities for property owners, and increases the use of clean, renewable energy.