Frequently Asked Questions

YOUR QUESTIONS, OUR EXPERTISE

1. What does Plankton Energy do and what services are provided?

Plankton Energy is a Turnkey Solar Development Firm. We originate, engineer, interconnect, procure, install, commission, own, and operate commercial solar energy systems to improve property net operating income.

2. How does Plankton Energy customize solar solutions for its clients?

Plankton designs each solar system based upon its clients’ environmental and financial goals. This includes the clients’ income tax liability, shareholder structure, capital allocation, as well as property-specific considerations.

3. What are the benefits of installing a solar energy system?

Commercial solar energy systems drive net operating income growth by reducing a property’s electricity expense or increasing revenue selling electricity off-site. Onsite solar energy generation reduces a building’s carbon emissions. Solar parking lot canopies provide the amenity of covered parking, and clean energy is a differentiator among tenants.

4. What financing options does Plankton Energy offer?

We offer multiple solar deployment strategies:

  • Power Purchase Agreement (PPA): Electricity is consumed onsite and sold to the client at a fixed discount, reducing electricity expenses over 15 to 20 years.
  • Solar Site Lease Agreement: Electricity is sold offsite, and the client collects rental payments under a 15 to 20-year lease agreement.
  • Client Purchase: Clients can purchase the solar system from Plankton, generating value through tax benefits and onsite clean energy generation.

5. How does Plankton Energy maximize solar incentives for its clients?

Plankton Energy has extensive experience with Federal and State solar incentive programs. We design systems to maximize the value of these programs and incorporate market-specific financial incentives into each project’s deployment strategy. We’re constantly monitoring legislative changes on behalf of our clients.

6. What type of properties are suitable for solar energy systems?

Large electricity users that have buildings with large open rooftops are ideal for rooftop solar energy systems. Properties with large parking lots are good candidates as well.

7. Who are Plankton Energy’s clients?

Plankton Energy works with all types of real estate owners. We serve large Real Estate Investment Trusts, Private Equity Firms, and individual property owners to meet their environmental and financial goals. We develop solar energy systems across all real estate asset classes including retail, office, industrial, self-storage, mutli-family, manufacturing, education, and houses of worship.

8. What is the lifespan of a solar energy system?

The components of a solar energy system are warranted for 25-years. Plankton provides operations and maintenance service on each system it builds.

9. Can Plankton Energy install solar on older roofs?

Plankton Energy will not install solar on a roof with less than 20 years of remaining life. However, in some cases we can finance the cost of a roof replacement.

10. How does Plankton Energy’s Solar Systems contribute to environmental sustainability?

All major roof manufactures allow solar and have a standard operating procedure for maintaining the roof warranty. Plankton Energy will not install solar on a roof with less than 20 years of remaining life. In some cases, Plankton can finance the cost of a roof replacement.