From UtilityDive: King Energy has raised $10 million to accelerate the expansion of its solar financing and billing platform for multi-tenant commercial buildings, according to a news release Wednesday. The company’s business model consists of renting unused roof or...
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GRESB Reporting: Leveraging Solar to Improve ESG Performance
Sustainability is a hot button issue for most large-scale commercial operations, but many don’t know where to begin. With the evolving environmental legislation and increased focus on eco-friendly practices, not to mention the allure of going carbon neutral, investors...
Unlocking the 10% ITC Adder for Energy Communities
The Department of Energy recently released guidance on eligibility for a 10% Investment Tax Credit (ITC) adder for geographies that qualify as Energy Communities. This Energy Community benefit is one of three potential adders that were included in the 2022 Inflation...
Solving the Split Incentive Problem
The landscape of commercial real estate is changing rapidly, and it’s putting new pressures on tenants and owners alike. Utility energy rates are seeing massive upticks. Companies are adopting new ESG commitments. Up-and-coming sustainability trends are reshaping the...
The Green Lease: Future-Proofing CRE
It’s no surprise that the world is becoming more environmentally conscious. Society is taking note of carbon footprints and eco-friendly practices, and it’s having a steady impact on our home and work lives. Unsurprisingly, this has led to the rise of numerous...
Boosting Your Rent Roll with Commercial Solar
You treat your commercial property as an investment, and you want to get the most out of your money by staying up to date. If you’ve recently looked to revamp your amenities, the idea of commercial solar has probably come across your path once or twice. But, one of...
Rooftop vs. Carport: Choosing Where to Mount Solar Panels on a Commercial Property
When you invest in a solar program for a commercial property, should you mount the solar panels on the roof or a carport? Or both? Rooftop and carport programs have several differences that could be the determining factor for the placement of the solar panels. We...
How Will The Inflation Reduction Act Impact Commercial Solar in California?
What Is the IRA? The United States Government passed the Inflation Reduction Act (IRA) in August of 2022 in an effort to boost the economy. Supporting energy-saving investments is one of the major tenets of the IRA, and this has many implications for commercial solar...
How Solar Adds Value to Real Estate Investment Trusts
As a commercial property owner, you have a wide range of ways to ensure a successful property. Maybe you’re all about vacancy reductions. Or maybe you're striving to retain the tenants you already have. Perhaps your tenant mix is in a good place and you’re looking to...
Don’t Finance Solar on your Commercial Property
There’s something comforting about the permanent-yet-impermanent quality of a multi-tenant commercial property. Hosting everything from bubble tea shops and chiropractors to franchise restaurants and dog groomers, these rotating carousels of businesses are a staple in...
An Easy Way to Learn the Value of Solar
King Energy’s 90-day analysis process Solar energy can increase the value and income of a shopping center, office building, or industrial park; however, there are some details to figure out before getting started. In order to create a formal solar program plan, King...
Why Don’t Shopping Centers Have Solar Panels?
Have you noticed that most shopping centers don’t have solar panels? Less than 10% of US shopping centers have solar in any form. For those that do, the panel installation is typically driven by a specific, progressive business that resides in the center, such as...