Turn campus energy costs into NOI.
Compare solar, storage and EV charging across your campus, with funding and ownership options matched to the institution.
Why this segment fits
Eligible tax-exempt and public institutions may use elective pay when they own qualifying assets and meet credit requirements. Third-party ownership follows a different tax structure. We compare these routes with the institution and its tax advisers before presenting economics.
Campus scale
Multiple buildings, one owner, one master agreement across academic and housing stock.
Incentive stacking
Where the institution owns the asset and qualifies, elective pay can sit alongside state programs such as SMART in Massachusetts.
Parking and roofs
Flat academic roofs and large lots support both generation and EV charging.
How a project is structured.
NOI coordinates design, funding, construction and operation of the on-site solar, battery and EV assets, working with licensed installers and engineers.
Who funds the project, who owns the equipment and how the benefit is shared depend on the structure chosen for that project — owner-funded, financed, or third-party funded — and are set in the project agreement after underwriting. Where a funding partner owns the system, the owner typically hosts it under an agreement and either buys energy on site or receives a payment. Tax credits, depreciation and state incentives are assessed per project against the owner’s own tax position; confirm treatment with your tax advisors.
- 01Start with utility bills and available site information.
- 02Screen tariff, load and funding options; confirm whether a deeper assessment fits.
- 03If viable, arrange site, structural and electrical reviews; timing depends on access and scope.
- 04Present a proposal with assumptions, ownership terms and any verified incentive or compliance eligibility.
- 05Agree contracts and pursue required owner, lender, permit and utility approvals.
- 06Schedule construction and commissioning once approvals and interconnection requirements are clear.
Campuses: climate commitments, rates and incentives
Regulatory pressures and rate structures reshaping the Northeast energy decision for this segment. Confirm current statute specifics with your tax and legal advisors.
Available where the institution owns the qualifying asset and meets the credit requirements.
Massachusetts SMART values are set per program year, utility, size and siting.
Covered Boston buildings follow BERDO; Cambridge has BEUDO, with separate coverage and emissions schedules.
Multi-building master agreements instead of building-by-building procurement.
Eligible tax-exempt and public entities may use elective pay when they own qualifying clean-energy assets and meet the credit requirements. Third-party ownership follows a different tax structure. We compare ownership and funding options with the institution and its tax advisers before presenting project economics. Primary source: IRS — elective pay and transferability FAQs.
Learn more →Rates we work with
- ConEd SC-9 Rate III
- PSE&G BPL / GLP
- Eversource G3 / G4
- National Grid SC-2 / SC-3
- PSEG-LI 285 / 281
- JCP&L GS-Secondary
- United Illuminating GS-3
- PECO GS-Medium
Each has its own peak-hour, demand-charge and TOU structure. Our model reads your specific tariff.
Higher Education: NOI compared with an ESCO retrofit
| Dimension | Typical ESCO retrofit | An NOI project |
|---|---|---|
| Who funds it | Owner capital, a bond issue or ESCO-arranged debt, per the contract | Owner-funded, financed or third-party funded — chosen per project |
| Equipment ownership | Usually the owner once installed | The owner or a funding partner, as set in the project agreement |
| Tax credits and depreciation | Depends on the owner's tax position | Assessed per project; direct pay considered where a tax-exempt owner is eligible |
| Long-term O&M | Scoped inside the performance contract | Coordinated by NOI under the operating scope agreed |
| Scope | Often a bundled retrofit across building systems | The solar, storage and EV assets |
| Decision path | Procurement, board or bond process | A review first, then a project agreement |
| Savings treatment | Frequently framed as guaranteed savings | Modeled and stated with assumptions; no savings guarantee |
The fastest path is a modeled number on your specific building.
Send us the property details. You get a written initial review within 2 business days, with the assumptions stated.
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Learn more →How the energy adds to your NOI, in plain English: How owners earn · Check your building in 60 seconds
All figures on this page are directional. Every deal is modeled to your specific tariff, load and roof. Incentive claims reflect our understanding as of the page date and require confirmation with tax and legal advisors before signature.