Manhattan and Boston office owners face a compliance curve. We finance the answer.
On-site solar, batteries, and demand management that count toward LL97 in NYC and BERDO 2.0 in Boston. Owner-neutral PPA structure. Zero capex, zero debt, emissions credit goes with the asset.
Why this segment fits
Compliance exposure
LL97 caps step down in 2030, and penalty exposure grows with every year of inaction.
Tenant-facing energy cost
Demand charges and TOU pricing move with occupancy, HVAC schedules and after-hours load.
Capital constraints
Retrofit capital competes with leasing, TI and debt service. Our structure needs none of it.
Owner earns income. NOI carries the risk.
NOI Energy designs, finances, builds, owns and operates the on-site solar, battery and EV assets. The owner signs a site license and, at commissioning, begins receiving a monthly NOI payment.
The property or tenants (per the structure chosen at contract) buy energy on site at a discount to the utility rate. NOI Energy monetizes the federal tax credits, depreciation and any state incentives. The owner incurs zero capex, zero debt, and zero O&M obligation for 20+ years.
- 01Owner shares 12 months of utility bills + facility drawings
- 02NOI Energy issues a firm term sheet within 10 business days
- 03Site walk + structural / electrical assessment (2 to 3 weeks)
- 04Final proposal with binding NOI figure + compliance credit
- 05LOI → site license execution → interconnection
- 06Construction: typically 90 to 180 days from permit approval
Four forces stacked against inaction
Regulatory pressures and rate structures reshaping the Northeast energy decision for this segment. Confirm current statute specifics with your tax and legal advisors.
NYC Local Law 97 penalty over the 2024-2029 cap. Caps step down sharply in 2030.
Boston BERDO 2.0 threshold today, dropping to 20,000 sq ft in 2030.
Directional penalty exposure discussed for large Manhattan office assets without intervention.
NOI Energy owns the asset. The owner signs a site license, not a construction contract.
Tariffs where we win
- ConEd SC-9 Rate III
- Eversource G3 / G4
- National Grid SC-2 / SC-3
- PSEG-LI 285
Each has its own peak-hour, demand-charge and TOU structure. Our model reads your specific tariff.
Traditional ESCO vs NOI Energy
| What you get | Traditional ESCO | NOI Energy |
|---|---|---|
| Financial framing | You avoid a cost | You receive an income |
| Balance sheet impact | Debt or capex on your books | Nothing on your books |
| ITC monetization | Your problem | Our problem |
| O&M in year 12 | Your problem | Our problem |
| Decision cycle | Bond / board vote | Site license, direct-to-owner |
| Compliance credit | Attached, sometimes | Goes with the asset |
| Vendor lock-in | Retrofit-scope | Only the DER asset |
The fastest path is a modeled number on your specific building.
Send us the address. We come back with a firm NOI estimate in 48 hours.
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.