Unlock your ‘energy rights’ value through EPR Development
Nine times out of ten, it just doesn’t make sense to finance solar as a commercial real estate owner. As a tenant in a commercial property, saving money with solar energy is a ‘no brainer’ but you may not qualify for financing, or it’s unclear how to work with the landlord to do so. Typically, solar financing requires a personal/company guarantee or a tax assessment – both are major barriers for commercial real estate owners and tenants.
EPR Development is a real estate solution that unlocks ‘energy rights’ value on-site using Clean Tech and is structured specifically to benefit owners and tenants while eliminating the barriers that often exist for both parties.
How does EPR Development work?
Our simple qualification process is similar to a real estate due diligence process and requires some basic property and electricity usage information. Upon qualification, Owner approves our EPR Development agreement. Following Owner approval, any other required 3rd Party approvals are obtained.
EPR Development of your solar (or other Clean Tech) project is 100% funded by EPR² and the Owner is separated from all capital, maintenance, and technology risks. An experienced and qualified 3rd Party contractor will obtain all of the necessary permits and develop the solar (or other Clean Tech) project. Upon completion, all remaining sign-offs will be obtained and the solar (or other Clean Tech) project will then be activated.
Tenant(s) are able to access the electricity generated at a discount for the term of their lease and renewals with no long-term contract, financing, personal guarantee, or any balance sheet impact for the Tenant(s) or Owner(s). The Owner(s) can receive a percentage of the income from the associated payments without increasing the tax assessment of their property. Maintenance, repairs, and technology upgrades are included for as long as your building utilizes EPR (energy rights).
EPR² – Introduction & Explainer
Developing ‘energy rights’ using EPR Development is a value-add opportunity for all categories of Commercial Real Estate
Take a closer look at our EPR-Solar carports and rooftops…elegant, efficient, and environmentally conscious.