What does it actually look like when a multifamily owner “becomes a utility”? In this episode, you’ll learn how developers and asset managers are using on-site solar and virtual net metering to create real value, not just sustainability headlines. We break down how a relatively modest investment can generate outsized returns, why lenders and investors are becoming more comfortable with these projects, and how rising utility rates are changing the economics.
The conversation covers tenant perception, leasing team education, EV charging integration, and the operational realities of deploying solar at scale. If you’re a developer, owner, or investor trying to understand whether solar belongs in your portfolio — and how to do it right — this episode walks through the practical lessons learned from doing it repeatedly.
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What You’ll Learn in Today’s Episode:
- What it means for owners to “become a utility.”
- How VNM works at the resident level.
- Why utility rate spreads drive solar returns.
- How residents receive monthly energy savings.
- What lenders and investors care about most.
- How leasing teams use solar as a selling point.
- The importance of partner and contractor selection.
- Why education is key for tenants, lenders, and teams.
Resources In Today’s Episode:
- Mark Peternell: LinkedIn | Regency Centers
- Stephan Gaspar: LinkedIn | KIRE Builders
- Logan Carter: LinkedIn | Ivy Energy
- Dan Roberts: LinkedIn
- VECKTA: News
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