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.
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.
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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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