The benefits of installing solar arrays on the rooftops of commercial buildings continue to grow.
Reduced hard costs due to falling prices, along with a more favorable regulatory environment, have magnified potential income from rooftop solar. The most common financial arrangement has been for the property owner to own the solar system, pay for the installation, and use the energy generated by the system to offset utility costs via net metering.
Another option is a solar site lease model. The owner of the property leases roof space to an experienced solar developer that finances and owns the solar array. The owner of the property makes money from rooftop lease payments—typically for 20+ years.
A similar option to solar site leases is a Power Purchase Agreement (PPA), in which the property owner signs a contract to purchase electricity generated by the array at rates below the utility retail rate. The solar developer pays for the system and uses the roof space at no cost.
Beyond such direct financial benefits, rooftop solar can help properties achieve compliance with ever more stringent environmental regulations. For example, some jurisdictions have passed laws that will penalize buildings that have not taken steps to reduce their carbon emissions.
Related Stories
| May 25, 2012
Study: Safety inspections don’t hurt the bottom line
A new study suggests that random safety inspections by regulators help reduce injury claims without hurting profits.
| May 24, 2012
2012 Reconstruction Awards Entry Form
Download a PDF of the Entry Form at the bottom of this page.
| May 17, 2012
New standard for Structural Insulated Panels under development
ASTM International and NTA, Inc. are developing a new standard for Structural Insulated Panels (SIPs) that would create a path for U.S. manufacturers to meet the requirements of the Canadian building code.
| May 17, 2012
Webinar: ‘What Energy Codes and Standards Are Adopted Where and by Whom’
A June 12 webinar by the Construction Specifications Institute will outline what energy codes and standards have been adopted in each of the states for commercial buildings, and what is anticipated to be adopted in the future.
| May 17, 2012
California Governor orders new green standards on state buildings
California Gov. Jerry Brown issued an executive order recently that calls for all new or renovated state buildings of more than 10,000 sf to achieve LEED Silver or higher and incorporate clean, onsite power generation.
| May 17, 2012
New Zealand stadium roof collapse blamed on snow, construction defects
Heavy snowfall, construction defects, and design problems contributed to the collapse of the Stadium Southland roof in New Zealand in September 2010, a report has found.
| May 17, 2012
OSHA launches fall prevention campaign
The Occupational Safety and Health Administration (OSHA) recently launched an educational campaign to prevent deadly falls in the construction industry.
| May 15, 2012
Suffolk selected for Rosenwald Elementary modernization project
The 314-student station elementary school will undergo extensive modernization.
