Reduce HOA dues. No board assessment. No capex.
Condominium associations and homeowner associations across the Northeast. We finance, build and own the solar, storage and EV charging on your common areas and rooftops, sell the energy to the association or to individual owners, and remove capital, debt, and O&M from your board's agenda.
Why this segment fits
Common-area expense
Clubhouse, pool, lighting and gatehouse load lands on the association budget.
No assessment
Boards avoid a capital vote because we own and operate the asset.
Management portfolios
Management firms can roll one framework across many associations.
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 shaping the association decision
Regulatory pressures and rate structures reshaping the Northeast energy decision for this segment. Confirm current statute specifics with your tax and legal advisors.
No capital assessment required from unit owners.
Charging added as a shared amenity, funded and operated by us.
Framework agreements across a management firm's association portfolio.
NY-Sun, NJ TREC, MA SMART and CT programs apply where a site qualifies.
Tariffs where we win
- 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.
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.