Executive Summary
Carabetta owns a 759.8 kW DC solar-plus-storage system across twelve buildings on Sams Road and sells its energy to tenants through the NOI platform. Tenants pay roughly what they pay the utility today, at a rate locked for the term. The difference between that revenue and the cost of the system is new property income.
1 · NOI designs, builds and operates
NOI engineers the arrays, installs and commissions them, and supports your federal tax credit claim. No construction management lands on your team.
2 · Tenants are billed through the platform
Across 65 participating homes, tenants pay — each per month — solar plus battery backup — at a rate locked for the term. That is — a month across the community.
3 · You own the system and the credit
You hold title, claim the federal investment tax credit — — — and depreciate the asset.
4 · The difference is yours, every month
— a month once the loan is paid down to its steady-state balance, after debt service and O&M.
| Stream | Homes | Tenants pay you | You pay out | Net / mo |
|---|
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About NOI
Built multiple solar and energy-efficiency companies. Turns underutilized rooftops into NOI; oversees design, implementation, O&M and the installer network.
20+ years at Citibank, Visa and PayPal. Leads banking, lending and payments infrastructure.
Runs NOI operations and delivery end-to-end — from project execution and the installer network to client onboarding and go-live.
Works with multifamily owners, developers and HOA boards — your point of contact from roof analysis through billing go-live.
| Entity | Incorporated in Delaware and Connecticut |
| Offices | Fairfield, CT · Miami, FL · Los Angeles, CA |
| Online | www.noisun.com · www.noi.ventures |
Community Profile & Solar Analysis
How your system works
Across a day the same array does different jobs. Generation is billed to participating tenants through the NOI platform; when the sun is down, the battery carries the home and nobody is charged for power the roof did not make.
| Building | Units | Array | Panels | Modelled production |
|---|
| Year-1 production | 811,696 kWh AC |
| Specific yield | 1,068 kWh/kW·yr |
| System size | 759.8 kW DC |
| Production basis | NREL PVWatts |
| Utility | Confirmed at survey |
| Billing model | Tenant billing via NOI |
| Export programme | Connecticut net metering — surplus only |
| Contract term | 20 years |
Equipment & Technology
Every component below is drawn from your bill of materials — bankable modules and warrantied storage, metered and monitored by NOI.
Qcells Q.TRON BLK M-G2+ 430W
| Array size | 759.8 kW DC |
| Origin | USA (Dalton, GA assembly) |
| Efficiency | 22% |
| Product warranty | 25 yr |
| Performance | ≥90.58% at yr 25 |
65 × EcoFlow PowerOcean
| Quantity | 65 |
| Mounting | Wall-mounted, hard-wired |
| Origin | China |
| Product warranty | 10 yr |
IronRidge XR100
Wind-code compliant, engineered per roof and per building.
EcoFlow Cloud + NOI Billing
Live production monitoring; Stripe card, ACH and instalments for tenant collection.
Financial Model & Capital Flow
Commissions · Supports the ITC
| APR | Monthly payment | Annual debt service | Net / yr | Payback |
|---|
| Net to owner / month | — |
| Net to owner / year | — |
| 25-yr cumulative net | — |
| Stabilised NOI added | — |
| Implied value at a 6% cap | — |
25-Year Cashflow
Your money, not the system's: the down payment at year 0, then energy revenue less O&M and debt service each year, plus the federal credit and depreciation as they are realised. Where the line crosses zero is payback. Revenue is contracted through the 20-year term; years beyond that are shown shaded, are excluded from payback, and depend on renewing at the final agreed rate.
| Year | Production (kWh) | Revenue | O&M | Debt service | Tax benefit | Net cashflow | Cumulative |
|---|
How the tax benefits land
The federal investment tax credit — — — is claimed in the year the system is placed in service, and depreciation follows. With the sweep switched on, year one is interest-only and those benefits go straight to principal, which is what brings debt service down to a level tenant revenue can carry. Confirm treatment and timing with your CPA; NOI is not a tax advisor.
Your asset base rises too
The cashflow above is income only. You also own an installed, revenue-producing energy asset — expect the property's asset value to rise by no less than the cost of the system installed, which lenders can recognise when you refinance or raise capital against the property.
Tenant Experience
Tenant-friendly by design — the program only works if it is fair to the people who live there.
Own submeter
Every unit is individually metered — tenants pay for what they use, with no cross-subsidy.
Clear monthly statement
One transparent statement through the NOI platform — no hidden fees, no meter-reading.
Cleaner power, with backup
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NOI Billing Platform
One platform ties energy billing, payments and tenant management together — so the owner collects, not chases.
Automated tenant billing
Per-unit energy charges are calculated and billed automatically each cycle.
Card, ACH & instalments
Tenants pay by card or ACH; funds are reconciled and deposited to the owner.
Live monitoring
Production, consumption and system health are monitored in real time.
Owner dashboard
Net income, participation and payouts in one place — the numbers in this proposal, live.
Implementation Timeline
From signature to go-live, NOI runs the process end-to-end — about 23 weeks. The only steps that need your time are the first one and securing your loan, which runs in parallel with engineering.
Agreement
You sign the offer and NOI confirms scope, programme and pricing.
Design & engineering
Final array design, structural and electrical engineering, utility paperwork. Final numbers can move here and you review before the final agreement.
Permits & interconnection
NOI files building permits and the interconnection application. The longest wait, and out of everyone's hands once filed.
Equipment
Modules, inverters, racking and storage procured and staged for the crew.
Installation
NOI and its partners install and commission across all twelve buildings — no construction management on your end.
Metering & enrollment
Every unit is metered, tenants are enrolled, and billing is configured on the NOI platform.
Go live
The system energises and revenue begins. You get a portal where production and revenue are monitored live.
Operations & monitoring
Servicing can be handled by NOI, by you, or split — decided later, whichever is most cost-effective for you.
Terms & Disclaimers
- This document is an interactive model. Every figure moves with the controls in the scenario panel and reflects the settings in place when you read it — it is not a fixed price. The settings you agree are recorded alongside signature.
- Tax credits and depreciation are estimates — confirm with your CPA. NOI is not a tax advisor. The credit rate shown assumes the domestic-content adder applies; eligibility is confirmed at final engineering.
- Production figures are modelled estimates from NREL PVWatts, not guarantees.
- Financing terms are indicative. Terms come from your lender; NOI does not arrange or guarantee this financing.
- All arrays and systems are subject to site survey. Final engineering and design may change the system size.
- Offer valid 30 days from August 20, 2026.
By signing you acknowledge this proposal and its disclaimers, and the scenario settings recorded alongside it.