SOLAR INSTALLATION AT
25 Year Utility Savings
2,152 t CO2
Adding Additional Revenue to Real Estate
Gateridge Solar Case Study
Real estate developers can reap major benefits with the addition of an investment into solar. Besides cutting utility bills, solar arrays allow property owners to take advantage of federal, state, and utility incentive programs, add value for tenants, and generate annuity-like returns.
The Gateridge Court Office Building developer Doug Greenfield explains how he and his tenants both benefit from solar energy. After the arrays are paid off, he plans to offer his tenants reduced utility bills. “Once the array is paid for I’ll have an annuity coming in for the rest of my life and the tenants in the building will have a benefit of a discounted utility rate. It’ll be a win-win in the long run.”