Commercial Solar for Industrial & Manufacturing Facilities | Plankton Energy

Massachusetts Industrial Solar
SMART 3.0 stacks on a fixed PPA rate. Two financial outcomes from one rooftop.
Massachusetts pays a fixed per-kWh incentive for up to 20 years under SMART 3.0. For a 340 kW rooftop system generating around 375,000 kWh per year, SMART adder payments typically run $13,000 to $18,000 annually. That is on top of whatever the PPA already saves on the electricity bill each year. Two separate financial outcomes from the same roof. Eversource and National Grid interconnection timelines are among the most complex in the Northeast and require utility-specific knowledge to navigate early. Request a custom solar proposal to see what these numbers could look like for your facility.
SMART 3.0 — 20yr Fixed IncentiveEversource / National GridSection 48E ITC — 30%MACRS Depreciation
New Jersey Industrial Solar
SuSI pays per MWh for 15 years, on top of the federal ITC. NJ manufacturers have a strong incentive stack.
New Jersey's SuSI ADI program pays around $90 per MWh generated for 15 years. On a 340 kW system producing roughly 375,000 kWh annually, that is approximately $33,000 to $37,500 per year in SuSI payments. That is separate from and on top of whatever electricity the PPA saves against the utility rate. Stacked on the 30% federal ITC and MACRS accelerated depreciation, NJ has one of the stronger incentive combinations in the Northeast. Accurate industrial load modeling is required to project this correctly. PSE&G interconnection involves specific engineering coordination our team manages from application through approval. Request a custom solar proposal to see what these numbers could look like for your facility.
SuSI ADI — 15yr Fixed RevenuePSE&G / JCP&LSection 48E ITC — 30%MACRS Depreciation
California Industrial Solar
NEM 3.0 rewards daytime electricity load. Manufacturing and cold storage are the strongest CA fits.
Under NEM 3.0, the value comes from offsetting electricity you are already consuming during the day. A 340 kW system generating 375,000 kWh annually at a commercial rate of around $0.24/kWh avoids roughly $90,000 in utility costs per year. That savings is the PPA at work, replacing grid electricity at a fixed rate below the utility tariff. Manufacturing lines, cold storage, and refrigeration-heavy operations draw significant power during solar hours, which is exactly what makes the economics work in CA. Office buildings and low-load facilities typically do not. The 30% federal ITC and MACRS depreciation are the primary financial drivers on top of that offset. Request a custom solar proposal to see what these numbers could look like for your facility.
NEM 3.0 Behind-the-MeterPG&E / SCE / SDG&ESection 48E ITC — 30%MACRS + Bonus Depreciation
Rhode Island Industrial Solar
REF grants up to 1 MW reduce upfront cost. Virtual net metering applies credits across multiple facilities.
Rhode Island's Renewable Energy Fund provides upfront grants for commercial solar systems up to 1 MW. On a 340 kW project, REF grants have typically ranged from $130,000 to $200,000 depending on the application round, reducing the total project cost before any federal incentives are applied. For a PPA structure, that grant reduces Plankton's project cost, which flows through to a more competitive PPA rate for your facility. For manufacturers with more than one facility in the state, virtual net metering lets you apply generation credits from one site across other locations under the same ownership. National Grid RI interconnection benefits from the same utility-specific knowledge our team applies across the Northeast. Request a custom solar proposal to see what these numbers could look like for your facility.
REF Grant — Upfront ReductionVirtual Net MeteringNational Grid RISection 48E ITC — 30%
New York Metro Industrial Solar
NY-Sun pays upfront per watt installed. On a 304 kW rooftop, that is around $60,000 to $75,000 before federal incentives.
New York's NY-Sun Commercial and Industrial incentive pays around $0.20 to $0.25 per watt installed as an upfront rebate. On a 304 kW system like the Staten Island manufacturing project in Plankton's portfolio, that is roughly $60,000 to $75,000 applied before any federal ITC calculation. For a PPA structure, that rebate reduces project cost and supports a more competitive electricity rate for your facility on top of what the PPA already saves against the utility tariff. VDER credits provide ongoing value for generation exported to the grid. Plankton has completed manufacturing and commercial projects under Con Ed in Staten Island and Westchester and carries active knowledge of National Grid NY territory. Request a custom solar proposal to see what these numbers could look like for your facility.
NY-Sun C&I — Upfront RebateVDER / Net Metering CreditsCon Ed / National Grid NYSection 48E ITC — 30%
For Manufacturing and Industrial Facilities

Your Electricity Rate Will Keep Rising. Lock It In for 20 Years.

Plankton Energy develops, builds, and operates commercial solar for manufacturers, industrial facilities, warehouses, and cold storage operations. Fixed PPA rate. No capital outlay. Utility-specific interconnection knowledge applied from day one.

60,000+
Panels Installed
140+
Projects in Pipeline
720,000+
Lifetime MWh Produced
  • Fix what your facility pays for power at a rate below today's utility tariff, for the full contract term
  • Hedge against rate hikes that come back up in every quarterly cost review
  • Work with a developer who models industrial load profiles, not a sales firm pitching residential templates
  • Clients are always contracted with a Plankton entity. Plankton stays the O&M operator throughout the agreement.
Federal ITC, Section 48E, 30%: The Investment Tax Credit is preserved for commercial solar projects placed in service by December 31, 2027. The portfolio assessment will identify where your project stands relative to that deadline based on your site and utility territory.
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A quick note before you submit: Plankton Energy's development process is built around commercial-scale projects only. Properties with roofs under 10,000 sq ft or parking lots under 25,000 sq ft aren't eligible for our programs, and we won't be able to offer a consultation if that's the case. We want to make sure your time is well spent.

Thank you for reaching out to Plankton Energy.

We have received your request. A member of our development team will be in touch shortly to discuss your facility.

ℹ️

Thank you for your interest.

We are not a good fit at this time. We work on commercial projects with a rooftop above 10,000 sq ft or a parking lot above 25,000 sq ft.

From the Industrial Portfolio

Commercial Solar on Industrial Buildings. Operating and Producing Now.

Industrial Manufacturer — Camden, NJ

972 kW Hybrid Rooftop and Parking Canopy

$2.5M
Projected savings over 25 years
972 kW
System size
9,640+
Metric tons CO2 prevented
$0
Upfront capital required
Customer-owned installation capturing the 30% federal ITC, MACRS accelerated depreciation, and New Jersey's SuSI incentive program. Rooftop and parking canopy combined. Direct Purchase structure matched to the manufacturer's tax position.
Industrial Building — Franklin, MA

340 kW Rooftop Community Solar

375,000
kWh generated annually
340 kW
System size
SMART 3.0
Incentive program
$0
Capital required from owner
Site Lease structure. Plankton rents the industrial rooftop, develops the project, and sells electricity to community solar subscribers. Property owner receives fixed lease payments with no capital outlay and no operational involvement.
Manufacturing Facility — Staten Island, NY

304 kW Rooftop Community Solar

381,000
kWh generated annually
304 kW
System size
4,700+
Metric tons CO2 prevented
$0
Upfront capital required
Community solar on a manufacturing facility roof in the NY metro area. Site Lease structure. Electricity goes to local households and small businesses as subscribers. Con Ed territory, supported by NY-Sun Megawatt Block Program.
Multi-Tenant Industrial Building — Worcester, MA

121 kW Rooftop Community Solar

135,000
kWh generated annually
121 kW
System size
SMART 3.0
Incentive program
$0
Capital required from owner
Site Lease on a multi-tenant industrial rooftop in Worcester's industrial corridor. Plankton rents the roof, installs and operates the system, and distributes generation as community solar credits to local subscribers. Building owner receives fixed annual lease income with no capital outlay.
"It was an endeavor worthy of holding out for the right partner. Plankton Energy's dedication to making clean energy attainable for small businesses and community-based organizations made them the right choice for us."
Director of Finance and Administration, Indoor Sports Facility, Manalapan Township, NJ (606 kW PPA)
Why Most Commercial Solar Deals Fall Apart

Every Facilities Director Has Heard the Same Pitch. Few Have Seen It Actually Close.

Electricity is the single largest operating cost after labor at most manufacturing facilities. Solar gets pitched constantly. And almost every pitch sounds like a sales company, not an operator who understands industrial load.

01

Interconnection Queue Delays

No developer controls the utility queue. Every project is different. Most developers file the application and wait. Projects stall for 12 to 18 months while utility rates keep climbing. The question worth asking before you commit to anything: has the interconnection risk been reviewed for your specific utility and project size?

02

Load Profile Mismatch

The developer sized the system without understanding how your facility actually uses power. The financial model did not match actual offset. The CFO ran the numbers and the economics fell apart. In California, a facility without meaningful daytime electricity load will produce weak project economics regardless of system size.

03

Escalator Clause Surprise

The PPA rate looked competitive in year one. By year ten, the annual escalator crossed the utility rate. The 20-year savings figure on the proposal was a year-one number, not a lifetime number. Property-specific modeling has to happen before anyone asks you to sign anything.

Request Portfolio Assessment
Interconnection

Active Queue Management. Not a Form We File and Wait On.

Transformer capacity reviews. Nameplate threshold flags. Line congestion study timing. These are the specific bottlenecks that determine whether a project moves or stalls. Navigating them requires an engineering team built for it, not a permit expediter.

No developer controls the utility queue, and every project is different. The useful question is not whether a developer can guarantee the timeline. It is whether the risk has been identified for your specific utility and project size before you commit. Plankton carries utility-specific knowledge across Eversource, National Grid, PSE&G, JCP&L, Con Ed, PG&E, and SCE.

81%

of generation projects that enter interconnection queues never reach commercial operation

Average queue wait has grown from 2 years in 2008 to nearly 5 years today. Source: Lawrence Berkeley National Laboratory, Queues and Timelines Data, 2024

Most DevelopersPlankton Energy
File application, wait, hope Internal team, active queue management
Average 4 to 5 year interconnection wait Utility-specific knowledge across MA, NJ, NY, CA, RI
Transformer reviews surface late in the process Transformer capacity reviewed before project commitment
Developer, EPC, and operator are three different companies Plankton develops, builds, and operates. One entity throughout.
140+
Projects Under Development
60,000+
Solar Panels Installed
720,000+
Lifetime MWh Produced
20+
States with Active Projects
State-Specific Incentives

What Industrial Solar Looks Like in Each Active Market

Every state has a different incentive stack, utility process, and interconnection timeline. Generic proposals built from national templates fail for exactly this reason. Here is what applies to manufacturing and industrial facilities in each market where Plankton's development pipeline is active.

Massachusetts

SMART 3.0 provides fixed per-kWh payments for up to 20 years. For high-baseload industrial facilities, those payments stack on a fixed PPA rate. Plankton has specific adder-optimization experience across MA. Eversource and National Grid interconnection timelines are among the most complex in the Northeast.

SMART 3.0 Fixed Incentive + PPA Rate + Interconnection Management

New Jersey

SuSI pays fixed rates per MWh generated for 15 years, stacked on federal incentives. The combined package is strong for NJ manufacturers but requires accurate industrial load modeling to project correctly. PSE&G interconnection involves specific engineering coordination our team manages from application through approval.

SuSI 15yr Revenue + ITC/MACRS + Industrial Load Engineering

California

NEM 3.0 makes daytime electricity load the primary economic driver. Manufacturing, cold storage, and refrigeration-heavy operations fit that profile well. Office buildings and low-load facilities typically do not. The 30% federal ITC and MACRS are the primary financial levers.

NEM 3.0 Behind-the-Meter + ITC/MACRS + Territory-Specific Interconnection

Rhode Island

REF provides competitive grants for systems up to 1 MW. Virtual net metering lets multi-facility manufacturers apply credits across locations under the same ownership. National Grid RI interconnection processes benefit from the same utility-specific knowledge our team applies in Massachusetts.

REF Grants + Virtual Net Metering + Cross-Utility Management

New York Metro

NY-Sun Commercial and Industrial incentive pays upfront per watt installed. VDER credits provide ongoing value for exported generation. Plankton has completed industrial and manufacturing projects under Con Ed in Staten Island and carries active knowledge of National Grid NY territory. Active in Westchester, Brooklyn, Queens, the Bronx, and Staten Island.

NY-Sun C&I Incentive + VDER Credits + Con Ed / National Grid NY
Request Portfolio Assessment
One Counterparty

Plankton Is Always the Contracted Entity. Plankton Remains the O&M Operator for the Full Term.

Most commercial solar deals run through a developer who sells, a financier who buys, and a servicer who operates. Three different counterparties over 20 years. Plankton develops, builds, and operates every system it owns. Clients are always contracted with a Plankton entity. Plankton remains the O&M operator throughout the agreement. No third-party handoff on the contract or O&M. When Plankton owns a project, ownership sits inside a Plankton fund. If that fund matures and the asset moves, it moves to another Plankton fund. The client remains contracted with a Plankton entity throughout.

1

Portfolio Assessment

Our development team reviews your facility, utility territory, and industrial load profile. You receive a property-specific financial model built around your actual consumption, not a national template. Delivered in less than a month.

2

Engineering and Interconnection

Our internal interconnection team manages the utility engineering timeline from day one. Transformer reviews, nameplate threshold flags, queue positioning specific to your utility territory. Active, not passive.

3

Construction and Long-Term Operation

We build the system with our own EPC team and manage operations after installation. A project that actually gets built, by a developer still contracted when it matters in year 15.

Accreditations and Publications
SEIA NABCEP Business Insider NY Weekly

30% Federal ITC, Active Through December 31, 2027

The 30% Investment Tax Credit under Section 48E is preserved for commercial solar projects placed in service by December 31, 2027. For Direct Purchase structures, this applies directly to the property owner. For PPA and Site Lease, Plankton captures the credit as the system owner. The portfolio assessment will identify where your project stands relative to that deadline based on your site and utility interconnection timeline.

Request Portfolio Assessment