Commercial Solar for Office, Retail, and Mixed-Use Properties | Plankton Energy

Massachusetts Office and Retail Solar
SMART 3.0 creates two outcomes from one roof, electricity savings on a PPA, plus lease income on a community solar Site Lease.
Massachusetts pays a fixed per-kWh incentive under SMART 3.0, determined annually. The 85 Wells Avenue project in Newton is a Plankton portfolio example: 1,798 kW split across a PPA (360 kW rooftop) and a community solar Site Lease (1,440 kW canopy), generating both discounted electricity for the building and fixed lease payments from Plankton. For an office property with strong rooftop and parking lot space, the combined model can produce two separate financial outcomes. On a 544 kW building, SMART adder payments typically support $19,000 to $27,000 annually in additional project economics on top of electricity savings. Eversource and National Grid interconnection timelines require utility-specific knowledge. Request a custom solar proposal to see what these numbers look like for your property.
SMART 3.0 — Annual Fixed IncentivePPA or Site Lease or Direct PurchaseSection 48E ITC — 30%MACRS Depreciation
New Jersey Office and Retail Solar
SuSI pays per MWh for 15 years. On a 431 kW grocery store, that is roughly $47,000 per year stacked on PPA savings.
New Jersey's SuSI ADI program pays around $90 per MWh generated for 15 years. On a 431 kW retail rooftop generating approximately 520,000 kWh annually, SuSI payments run roughly $46,800 per year, separate from and on top of the electricity savings from the PPA rate. For larger retail properties or self-storage facilities, that incentive stack is significant. Stacked on the 30% federal ITC and MACRS accelerated depreciation, NJ has one of the stronger incentive combinations for commercial property owners in the Northeast. PSE&G interconnection requires specific engineering coordination. Request a custom solar proposal for your property.
SuSI ADI — 15yr Fixed RevenuePPA or Site Lease or Direct PurchaseSection 48E ITC — 30%MACRS Depreciation
California Office and Retail Solar
NEM 3.0 rewards daytime electricity consumption. High-traffic retail with consistent daytime load sees the strongest CA economics.
Under NEM 3.0, a property's daytime electricity consumption is the primary driver of behind-the-meter solar economics. Retail operations with refrigeration, HVAC, and consistent daytime hours fit that profile well. Office buildings with full weekday occupancy are also strong candidates. A 400 kW system generating 460,000 kWh annually at a commercial rate of around $0.24/kWh avoids roughly $110,000 in utility costs per year. The 30% federal ITC and MACRS accelerated depreciation are the primary financial drivers on top of that offset. PG&E, SCE, and SDG&E each carry different interconnection processes. Request a custom solar proposal for your property.
NEM 3.0 Behind-the-MeterPG&E / SCE / SDG&ESection 48E ITC — 30%MACRS + Bonus Depreciation
Rhode Island Office and Retail Solar
REF grants reduce total project cost upfront. Virtual net metering lets multi-location operators apply credits across properties.
Rhode Island's Renewable Energy Fund provides competitive upfront grants for commercial solar systems up to 1 MW. On a 340 kW project, REF grants have typically run $130,000 to $200,000, reducing total project cost before federal incentives. For a PPA structure, that reduction flows through as a more competitive electricity rate. For a Site Lease, it supports a stronger lease rate. Retail operators with multiple RI locations can use virtual net metering to apply generation credits across properties under the same ownership. National Grid RI interconnection benefits from the same utility knowledge our team applies across the Northeast. Request a custom solar proposal for your property.
REF Grant — Upfront ReductionVirtual Net MeteringSection 48E ITC — 30%MACRS Depreciation
New York Office and Retail Solar
NY-Sun C&I pays upfront per watt. On a 641 kW retail rooftop like the Elmsford project, that is roughly $128,000 to $160,000 before federal incentives.
New York's NY-Sun C&I incentive pays around $0.20 to $0.25 per watt installed as an upfront rebate. The ShopRite Elmsford project in Plankton's portfolio is a 641 kW retail rooftop in Westchester County delivered under NY-Sun, saving the grocery store more than $1.8 million over the system's life. VDER credits provide ongoing value for exported generation. The 30% federal ITC and MACRS accelerated depreciation apply on top of the NY-Sun rebate. Plankton has completed office and retail projects across the NY metro area. Request a custom solar proposal for your property.
NY-Sun C&I — Upfront RebateVDER CreditsCon Ed / National Grid NYSection 48E ITC — 30%
For Office, Retail, and Mixed-Use Commercial Properties

Fix What Your Building Pays for Electricity. Convert the Parking Lot or Roof Into a Separate Income Source.

Plankton Energy develops, builds, and operates commercial solar for office buildings, retail properties, grocery stores, mixed-use commercial, and self-storage. Reduce operating expenses on a PPA, generate lease income through community solar, or own the system outright. Structure matched to your property's situation.

60,000+
Panels Installed
140+
Projects in Pipeline
720,000+
Lifetime MWh Produced
  • Reduce what your building pays for electricity at a fixed rate below the utility tariff, for the full contract term
  • Convert rooftop and parking lot space into a productive income-generating asset through a community solar Site Lease
  • Improve net operating income and ESG performance without capital outlay under a PPA or Site Lease structure
  • Clients are always contracted with a Plankton entity. Plankton remains 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. For Direct Purchase structures, this applies directly to the property owner. For PPA and Site Lease, Plankton captures the credit as system owner. The portfolio assessment identifies which structure fits your property and where you stand relative to that deadline.
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A quick note before you submit: Plankton works on commercial-scale projects. Properties with rooftops under 10,000 sq ft or parking lots under 25,000 sq ft fall outside our current programs.

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 property.

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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 Office and Retail Portfolio

Commercial Solar on Office and Retail Properties. Operating and Producing Now.

Class A Office Park — Newton, MA

1,798 kW Hybrid Rooftop and Canopy System

1,798 kW
Total system size
2,050,000
kWh generated annually
PPA + Site Lease
Dual structure
$0
Upfront capital
One of the largest dual-model installations in the Plankton Massachusetts portfolio. The 360 kW rooftop portion operates as a behind-the-meter PPA, the building purchases discounted electricity directly. The 1,440 kW parking canopy operates as a community solar project under a Site Lease, generating fixed lease payments for the property owner. SMART 3.0 supported. Both financial outcomes from a single property.
Grocery Retail — Elmsford, NY

641 kW Rooftop Solar System

775,300
kWh generated annually
641 kW
System size
$1.8M+
Projected savings over system life
$0
Upfront capital
641 kW behind-the-meter PPA on a large-format grocery store in Westchester County. More than 1,280 high-efficiency modules across the rooftop. The store purchases solar electricity from Plankton below the local utility rate, reducing operating costs on one of grocery's highest expense lines. Supported by New York's NY-Sun Megawatt Block Program.
Office Building — Waltham, MA

544 kW Rooftop Community Solar

625,000
kWh generated annually
544 kW
System size
Site Lease
Structure
$0
Upfront capital
Community solar on a commercial office rooftop in Waltham. Plankton rents the roof under a Site Lease, generates 625,000+ kWh annually, and delivers electricity to local households as community solar credits. The property owner receives fixed annual lease payments. SMART 3.0 supported. One of three Plankton installations on the same Waltham street.
Office Building — Burlington, MA

302 kW Rooftop Direct Purchase

302 kW
System size
Direct Purchase
Structure
ITC + MACRS
Incentives captured
MA
State
Customer-owned behind-the-meter system on a commercial office property in Burlington. The owner captures the full economic value of the installation: utility savings, long-term energy production, and federal incentives including the 30% ITC and MACRS accelerated depreciation. Reduces grid dependence and improves cost predictability. Consistent annual energy production for the building's daytime electricity load.
Why Rooftop and Parking Space Goes Unused

Three Reasons Commercial Property Owners Haven't Moved Forward. All Three Are Solvable.

Most office and retail property owners who have looked at solar before walked away for one of these reasons. The right structure resolves all three.

01

Capital Budget Not Available

The proposal required capital the ownership group couldn't allocate in the current cycle. Neither a PPA nor a Site Lease requires capital. Plankton finances, installs, and operates under both structures. The property owner reduces expenses or generates income from day one without any capital commitment.

02

Tenant Disruption Concern

Office and retail owners with occupied buildings worry about disrupting tenants during installation. Plankton coordinates construction scheduling around lease obligations, parking access, and building operations. The Newton 85 Wells Avenue project involved an occupied Class A office park with active tenants throughout construction.

03

Previous Proposal Didn't Add Up

A prior developer's projection looked strong in year one and fell apart under scrutiny. Escalator clauses crossing the utility rate by year ten. Offset assumptions that didn't match the building's actual load. The portfolio assessment produces a property-specific model built around your actual consumption and utility territory, not a national template.

Financial Structure

Three Structures. One Developer for All Three.

Plankton is structure-agnostic. The portfolio assessment identifies which option fits your property based on your ownership situation, tax position, and whether your priority is reducing expenses, generating income, or capturing maximum financial return.

📋

Power Purchase Agreement (PPA)

Plankton owns and operates the system. The building purchases electricity from Plankton at a fixed rate below the utility tariff. No capital, no maintenance, predictable energy costs for the contract term. Reduces operating expenses and improves NOI. Plankton captures the federal ITC as system owner. ShopRite Elmsford and 85 Wells Avenue rooftop are both PPA structures.

Best for reducing operating expenses
🏠

Site Lease, Community Solar

Plankton rents the rooftop or parking lot, develops and operates a community solar project, and sells electricity to subscribers. The property owner receives fixed annual lease payments for the full contract term with no capital, no operational involvement, and no impact on building operations. The 544 kW Waltham office building is structured this way, lease income from an otherwise idle rooftop.

Best for generating new income from underutilized space
💼

Direct Purchase

The ownership group buys the system and captures the full economic benefit: utility savings, lifetime energy production, the 30% federal ITC, and MACRS accelerated depreciation. Maximizes long-term return but requires capital and tax appetite. The Burlington EQR office project is a customer-owned system structured this way.

Best for owners with capital and tax position to utilize
140+
Projects Under Development
60,000+
Solar Panels Installed
720,000+
Lifetime MWh Produced
10+
States with Active Projects
State-Specific Incentives for Office and Retail Properties

What Commercial Solar Looks Like in Each Active Market

Incentive stacks, utility timelines, and interconnection processes vary significantly by state. Generic proposals built from national averages fail because of that variation. Here is what applies to office and retail properties in each market where Plankton's pipeline is active.

Massachusetts

SMART 3.0 provides fixed per-kWh payments determined annually. The 85 Wells Avenue project in Newton demonstrates the dual-structure model: PPA on the rooftop, community solar Site Lease on the parking canopy, producing two financial outcomes from one property. Eversource and National Grid interconnection timelines are among the most complex in the Northeast.

SMART 3.0 + PPA or Site Lease + Interconnection Management

New Jersey

SuSI ADI pays around $90 per MWh for 15 years, separate from and on top of electricity savings. Plankton has completed retail projects in NJ including the Passaic ShopRite (431 kW PPA) and the Cinnaminson self-storage facility (449 kW PPA). Stacked on the 30% ITC and MACRS, NJ has one of the stronger commercial incentive packages in the Northeast.

SuSI 15yr Revenue + PPA or Site Lease + ITC/MACRS

California

NEM 3.0 makes daytime electricity load the primary economic driver. Retail with refrigeration, grocery, and office with full weekday occupancy are the strongest CA candidates. The 30% ITC and MACRS are the primary financial levers. PG&E, SCE, and SDG&E each carry different interconnection timelines and our team carries territory-specific knowledge across all three.

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

Rhode Island

REF grants provide upfront project cost reduction for systems up to 1 MW. Virtual net metering lets multi-location retail operators apply generation credits across properties under the same ownership. National Grid RI interconnection benefits from the same utility knowledge applied across the Northeast.

REF Grants + Virtual Net Metering + National Grid RI

New York Metro

NY-Sun C&I pays upfront per watt. The ShopRite Elmsford project in Westchester is a 641 kW active Plankton portfolio example, saving the grocery store more than $1.8 million over the system's life. VDER credits provide ongoing value for exported generation. Con Ed and National Grid NY interconnection filed and coordinated across the metro area.

NY-Sun C&I Rebate + VDER Credits + Con Ed / National Grid NY + ITC/MACRS
One Counterparty

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

Most 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. The client is always contracted with a Plankton entity. When Plankton owns a project, ownership sits inside a Plankton investment fund with an approximate 7 to 10 year life. At that point, the asset will most likely move to another Plankton fund. What does not change: the contract is never flipped to an outside party, and Plankton remains the O&M operator regardless of which internal fund holds the asset. The client remains contracted with a Plankton entity throughout.

1

Portfolio Assessment

Our development team reviews your property, utility territory, and ownership structure. You receive a property-specific financial model showing what PPA, Site Lease, and Direct Purchase each look like for your building. Delivered in less than a month.

2

Engineering and Interconnection

Our internal team manages structural review, permitting, and utility interconnection from day one. Construction is coordinated around tenant obligations and building operations. No filing and waiting, utility-specific knowledge applied throughout the filing process.

3

Installation and Long-Term Operation

We build with our own EPC team and manage operations for the full contract term. The property generates income or reduces costs from day one, and Plankton handles system performance throughout.

Accreditations and Publications
SEIA NABCEP Business Insider NY Weekly

30% Federal ITC, Active Through December 31, 2027

The 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 system owner. The portfolio assessment will identify which structure fits your property and where your project stands relative to that deadline based on your utility territory and roof situation.

Request Portfolio Assessment