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- Solar Cents LLC. North Haledon, NJ 07508
Federal and state solar incentives have created a unique opportunity to earn high lease rates for solar on your property. Learn how Solar Cents’ Rooftop Revenue Program can benefit your organization.
As a commercial real estate owner or manager, you have a definite path to create additional revenue from your rooftop. not only to help achieve this goal but also create additional income from your rooftop.
New Jersey is “talking” right now about solar energy as the state has set a goal to supply 50% carbon-neutral electricity by 2030 and with only at about 5% since the push to incentivize solar in 2009
As New Jersey is expected to reduce state incentives,
NOW is the time to act.
With Solar Cents’ Rooftop Energy Savings Program, you can capture the benefit of low utility rates from the system on your building for a much lower rate than you pay the utility.
Solar Cents pays all system costs but instead of providing a lease rate, Solar Cents utilizes the lease income to provide you with the lowest rate possible, typically near wholesale. Solar Cents or its Solar Investors, the system while you simply pay a fixed per kilowatt-hour rate below the current utility rate for the electricity. This results in stable, guaranteed income and energy savings.
With Solar Cents’ Rooftop Revenue Program, you can reap the benefit of an annual rooftop lease income while also receiving solar energy from the system on your building for a lower rate than you pay the utility.
Like the Rooftop energy savings program, Solar Cents pays all system costs in addition to paying a guaranteed lease rate. Solar Cents owns the system while you simply pay a predictable per kilowatt-hour rate below the current utility rate for the electricity. Again, this results in stable, guaranteed income and energy savings.
In other words, the Solar Cents model provides the benefits of a roof lease, but it also provides the benefit of low-cost renewable electricity for you and your tenants. The table below compares these two options in more detail. Consumed
Rooftop Energy Savings Program (Energy)
Rooftop Revenue Program (Roof Lease + Energy Savings)
|No Upfront Cost The solar company pays for all project costs and you gain benefits starting day one of operation.||Yes||Yes|
|Experienced Development* Solar roof leases designed to be utilized on-site have safe incentive guarantee and can be executed quickly.||Yes||Yes|
|Increased OPEX Income You earn annual lease income for your rooftop space used for solar, similar to other tenants.||Yes|
|Reduce Energy Costs (OPEX Savings) Solar reduces your energy usage from the utility, providing immediate savings via a Power Purchase Agreement (PPA).||Yes||Yes|
|Roof Replacement (OPEX Savings) If a roof replacement is necessary, your roof can be replaced with our Partners at GAF, Zero out of pocket options available to the property owner.||Yes||Yes|
|Included Roof Management (OPEX Savings) No more roof maintenance with a roof lease. Roof repairs, coatings, and main- tenance can be included as part of a lease offer.||Yes||Yes|
|Increased Property Value A Solar lease provides lower operating costs and increased revenue that directly relates to property value appreciation.||Yes||Yes|
|Property Tax Exemption for Solar Net Metered solar projects are exempt from state property tax assessment.||Yes||Yes|
|Sustainability Initiative By supplying renewable energy to your property and offsetting your building’s usage with clean, renewable electricity that enhances the marketability of the building.||Yes||Yes|
Federal and state-level incentives have created this unique opportunity for property owners to achieve high lease rates from a new solar tenant while reaping the benefits of lower priced electricity.
Solar Cents is not a solar company, but rather a consultant and development company that offers energy solutions to help property owner and managers recognize the immediate benefits of a solar lease and ppa.
Contact us today to see if our Rooftop Revenue Program might be a good fit for your property.