HOW DOES THIS WORK?
Ecogy pays you annual rent to generate solar energy on your rooftop.
Your business will get a portion of the financial benefits generated by our system, while we take on all costs, maintenance and responsibilities.
Best Suitable for: Mid-sized Commercial Businesses, Property Owners
Start making money off your unused roof space!
CALL US AT (718) 304-0945 TO LEARN MORE!
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CASE STUDIES:
BENEFITS OF RENTING SPACE
SAVES TIME AND MONEY:
Developing a large power-plant is expensive, risky and time consuming - Ecogy saves you time and money by handling all aspects of solar development so you can focus on your core business/mission.
Your payment is not weather dependent:
If it’s cloudy all year, you still get paid as if it were sunny every day. Ecogy pays our first annual rent payment at the start of construction and thereafter on the anniversary date - so if we don’t meet our production goals/estimates, your payment doesn't change.
Financial Flexibility:
Ecogy can front-load a portion of our annual payments to make cash available to your organization now. Whether that be for a re-roofing, parking lot re-pavement or other capital improvement project, we're here to invest and support organizations in improving their properties.
Additional Resources:
As your new business partner, we grant you access to our suite of renewable energy resources. This includes a website with real-time data to visualize the performance and environmental benefits of your system, a lobby kiosk to highlight the system and public website, a formal ribbon cutting ceremony with local and state officials, a press release distributed to local and national media outlets, photography of the system, and customized marketing materials to promote your new system and ribbon cutting ceremony.FREQUENTLY ASKED QUESTIONS
Who has Ecogy worked with in the past and how long have you been around?
Ecogy was founded as a developer, financier and owner-operator of distributed generation resources in 2010 with our first project for Longwood Gardens, the nation's largest botanical garden. Since then, we have found our niche specializing in financing distributed generation assets for traditionally underserved entities including affordable housing, non-profits and municipalities. Our current portfolio comprises over 35 systems across 12 states, D.C. and the U.S. Caribbean. Our most recent projects were for Ocean State Job Lot, Thermofisher Scientific, and the American Red Cross.
How will the system impact my roof?
Any damage we cause we are liable for. When feasible, we use ballasted, non-penetrating racking solutions for flat-roofs and non-penetrating clamp racking for standing seam metal roofs. These systems are simply weighed down by concrete blocks or clamped to the seams - avoiding any penetrations to your roof and minimizing any risk.
What happens if I decide to sell the building?
If you were to decide to sell the building at a future point, the lease agreement could simply be transferred and assigned over to the new owner similar to any other lease arrangement. Additionally, having this lease agreement in place actually makes your property more attractive to potential buyers as there is already an income-opportunity established through the revenue-generating system.
How does Ecogy offer no-cost solar?
Ecogy is unique in that we have internal capital to develop, finance, and own & operate these projects. Rather than sell you on a very expensive solar system, we want to pay you to host one of our own - all on our dime. We believe it's a better option for us to own and operate these systems due to our veteran team of asset/energy managers and software architects and our experience managing a portfolio of a variety of projects; allowing for you to focus on your core mission.