More NOI from public buildings.
Compare solar, storage and EV charging for municipal and district facilities, alongside your procurement and funding requirements.
Why this segment fits
For municipalities, public school districts, state universities and public housing authorities. Projects may be owner-funded, financed or third-party funded; a bond issue is not always required. Eligible public entities may use elective pay when they own qualifying assets and meet the credit requirements. Third-party ownership follows a different tax structure, reviewed with the entity and its advisers before economics are presented.
Procurement drag
Procurement and funding approvals can set the project schedule; assess them early.
Long-hold buildings
Public buildings are held for decades, which fits a 20+ year asset life.
Elective pay
State and local government owners may use elective pay where they own the qualifying asset and meet the requirements.
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.
Four forces shaping the public-sector decision
Regulatory pressures and rate structures reshaping the Northeast energy decision for this segment. Confirm current statute specifics with your tax and legal advisors.
Available to eligible public entities that own the qualifying asset and meet the credit requirements.
Depending on the structure chosen, a project may avoid a bond issue; approvals and terms are site-specific.
Any contribution to renewable portfolio goals depends on eligibility and environmental-attribute rights.
Public buildings are held for decades, which suits a long-lived asset.
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.
Public Sector: 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 |
How this differs from a traditional ESCO
| Dimension | Typical ESCO retrofit | An NOI project |
|---|---|---|
| Value framing | Usually guaranteed savings | Modeled savings, or income where a funding partner owns the asset |
| Funding | Often bond financed | Owner-funded, financed or third-party funded, per project |
| Scope order | Retrofit-first | Generation and storage first |
| Credit route | Commonly third-party tax equity | Assessed per project; direct pay where the entity is eligible |
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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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.