How Solar NOI Affects Your Refinance and Loan Terms
A permanent, contracted NOI line changes your DSCR. Here's how to get lenders to actually count it.
What lenders want to see
- 12+ months of billed solar revenue history.
- Copy of the PPA or ownership documentation.
- Utility interconnection agreement.
- Tenant enrollment rate and churn data.
How it shows up
There is no standard haircut to quote. Whether a lender counts solar income in DSCR at all, and how much of it, is set by that lender's current guidelines and by how well the revenue is documented — agency guidance changes, and programme treatment differs between agency, bank and debt-fund lenders. Ask your lender for their written treatment early, and underwrite your refinance without the income until they confirm it in writing.
The trap
If your PPA has an aggressive escalator or a short remaining term, lenders discount it heavily or ignore it. Ask your lender what term and escalator they will credit, and structure the PPA to that from day one.
Want this checked on your own property? Get a free energy assessment or see how it works.
See how a project on your property would be paid for.
Owner-funded, financed or third-party funded — we walk through which structures fit your property and what each one means for you.
A written initial review within 2 business days.
We review energy costs on commercial properties, arrange capital for qualifying projects, and coordinate installation and ongoing operation.
Meet the teamThe tools behind every NOI project
How demand charges work, where battery economics come from, and what determines whether a commercial site qualifies.
Learn moreThe five delivery stages, what each one produces, and a plain-language table of who is responsible for what.
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