Monetizing Onsite Solar and Storage
How Leading Commercial Real Estate Owners Are Building Million-Dollar Revenue Streams from Solar and Energy Storage
Fill out the form below to access the full webinar.
In this webinar, Regency Centers, KIRE Builders, Ivy Energy and VECKTA discuss specific strategies for deploying solar and energy storage across hundreds of properties.
Featured Speakers
Mark Peternell
Vice President of Sustainability, Regency Centers
18 years at Regency, 15 years deploying solar across open-air shopping center portfolio
“These projects provide returns equal to or better than real estate development projects. It’s a good way for us to deploy our capital.”
Steven Gaspar
Development Manager, Kire Builders
Leading multifamily solar deployment in San Diego County since 2018
“We joke internally that we should become a utility company. It’s much more profitable than building multifamily.”
Logan Carter
Co-Founder & Chief Commercial Officer, Ivy Energy
60,000+ contracted units across multifamily, industrial, and commercial properties
“When you invest in renewable energy, you create a levelized cost to produce power at seven or eight cents, and you’re billing up to 33 cents. In a few years that’s 40 cents, then 45 cents. It’s a delta that just keeps growing.”
Dan Roberts
Co-Founder, VECKTA
Supporting commercial & industrial owners in planning and procuring onsite energy systems
“I think too often folks think of the easy route, which is that rooftop leasing, if you will, which is great. It’s very approachable. But it’s probably the least lucrative or least valuable long term.”
What We Cover
Financial Structures
- How REITs monetize tax credits through TRS vehicles
- Avoiding “bad income” classification
- Levelized cost of energy vs. escalating utility rates
- Underwriting returns and building pro formas
Operational Best Practices
- Supplier selection and competitive procurement
- Contract terms that protect your interests
- O&M requirements and monitoring
- Navigating utility interconnection
Market Opportunities
- Where economics work best (utility rate heat map)
- Understanding “carrots and sticks” (rates + compliance)
- Tax credit safe harboring and PTO deadlines
- VNEM, community solar, and feed-in tariff programs
