Real Estate Investment Trusts are in a unique position to leverage the benefits of solar for their portfolio customers. Since REITs typically have a longer term view of property ownership, the benefits of a solar PV installation over the system life can be significant. Whether the property is a low rise office building, sprawling retail complex or a prime light industrial building, the advantages of going solar are real and growing.
- A desire to be "Green"
- Predictable energy costs
- Lower costs and increase energy independence
- Improve property values, Increase occupancy and Reduce tenant turnover
A desire to be "Green"
Being "Green" is attractive to property owners who want to be part of the renewable energy revolution. Whether their reasons are financial, driven by a reduced carbon footprint, or purely philosophical, the demand is real and growing. This attribute is a becoming a strong consideration for a tenant when entering into a lease with a building owner and/or an employee when deciding which employer to join. See Ownership ROI for additional information.