How on-site energy becomes NOI for property owners.
NOI is net operating income. NOI Energy structures the funding, builds and operates solar, battery storage and EV charging at your property, and sells the energy on site. You earn through a lower energy bill, new income, or both.
Fund it, build it, sell the energy, run it.
- 01
Fund
Each project is owner-funded, financed or third-party funded. Who pays, who owns the equipment and who receives the benefit is set in the project agreement after underwriting.
- 02
Build
Licensed installers and engineers build the work. We coordinate design, permits and the utility, and every project names who is responsible for each part.
- 03
Sell the energy on site
The energy is used in the building, sold on site where the rules allow, or sold to the grid where a program buys it. Each of those is a line the owner can see.
- 04
Operate
We monitor the system, coordinate maintenance, handle program enrollment and reporting, and send one monthly statement against what was agreed.
Seven ways energy can add to NOI. Your building will use some, not all.
Each line has its own rules and its own risk, so we model them separately. Which ones apply depends on your state, your utility, the programs open at the time and how the property is metered.
- Expense down
Lower energy expense
Solar power used on the meters you pay replaces power you would have bought. Lower operating expense is NOI the same as new income.
- Expense down
Smaller demand charges
On many commercial meters one short peak sets the demand charge for the month. A battery that covers those peaks lowers that line.
- New income
Energy sold on site
Where state rules and the property's metering allow, energy produced on site can be sold to the people who use it, at an agreed rate. The assessment confirms whether your building qualifies.
- New income
Energy sold to the grid
Some states run programs that buy solar output under a long-term contract. Where one is open to your property, the roof can earn even when the building does not use the power.
- New income
Storage program payments
Some states and utilities pay batteries that discharge when the grid is under strain. Payment is usually settled on measured performance, so we model it as its own line with its own risk.
- New income
EV charging fees
Charging for staff, tenants and visitors that drivers pay to use.
- Lower project cost
Credits and incentives
Federal credits and state incentives can reduce what the project costs. Whether they apply depends on the project, its ownership and its dates.
Federal credits: Solar and storage have different federal credit deadlines. Credit value depends on the project, ownership, construction dates and eligibility requirements. IRS Notice 2025-42. 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. IRS elective pay guidance. Confirm your position with your tax adviser.
Three ways a project is funded.
Owner-funded
You pay for the system and keep the savings and any eligible credits, subject to your tax position.
Financed
The project is funded with debt or a lease arranged for the property, repaid from project cash flow.
Third-party funded
A funding partner pays for and owns the equipment; you host it under an agreement and buy energy or receive a payment.
Projects are delivered owner-funded, financed, or third-party funded. Which structure applies — and who pays, owns the equipment and receives the benefit — is set in the project agreement after underwriting.
What it usually looks like for your kind of property.
Multifamily
Clubhouse, pool, gatehouse and EV charging on owner-paid meters, and tenants who can buy energy from you at a lower rate than the utility.
Learn moreHOA & condo associations
Common-area solar, storage and EV charging, with funding options suited to your budget and governing documents.
Learn moreCommercial & industrial
Demand charges on owner-paid meters, flat rooftops with daytime load, and in New York and Boston, LL97 or BERDO exposure.
Learn moreNot-for-profit & public
Town buildings, schools and houses of worship. Tax-exempt owners, where federal direct-pay rules may make credits usable.
Learn moreWant to see how we model it? Read the illustrative project examples, or how the review works.
Common questions about earning from on-site energy
What does NOI mean here?+
Net operating income: a property's income minus its operating expenses. On-site energy can raise it in two ways, by lowering the energy expense and by adding income from energy sold.
Who pays for the equipment?+
Projects are delivered owner-funded, financed, or third-party funded. Which structure applies — and who pays, owns the equipment and receives the benefit — is set in the project agreement after underwriting.
Which revenue lines apply to my building?+
It depends on your state, your utility, the programs open at the time and how the property is metered. The free energy assessment reads your bill and tells you in writing which lines apply, and which do not.
Can the people in my building buy the energy?+
Where state rules and the property's metering allow it, yes. Rules differ by state and utility, so the assessment confirms it for your property before anything is designed.
Do federal tax credits apply?+
Solar and storage have different federal credit deadlines. Credit value depends on the project, ownership, construction dates and eligibility requirements. Tax-exempt owners may be able to use elective pay. Confirm your position with your tax adviser.
More questions? Read the full FAQ or talk to us.
Find out which lines your building can earn on.
A written initial review within 2 business days.