Commercial Solar for Schools and Universities | Plankton Energy

Massachusetts School Solar
SMART 3.0 payments run alongside a discounted PPA rate. Two outcomes from the same rooftop.
Massachusetts pays a fixed per-kWh incentive under SMART 3.0, determined annually. For a 537 kW campus system generating around 625,000 kWh per year, SMART adder payments typically run $22,000 to $31,000 annually. That is on top of whatever the PPA saves against the utility tariff each year. For tax-exempt institutions that prefer to own the system, the 30% federal ITC is accessible through Direct Pay under Section 6417. Most schools still elect a third-party PPA or Site Lease because it requires no capital outlay. Eversource and National Grid interconnection timelines require utility-specific knowledge to navigate. Request a custom solar proposal to see what these numbers could look like for your campus.
SMART 3.0 — Annual Fixed IncentiveEversource / National GridSection 48E ITC — 30%Section 6417 Direct Pay
New Jersey School Solar
SuSI pays per MWh for 15 years. Tax-exempt institutions can access the 30% ITC directly through Direct Pay.
New Jersey's SuSI program pays around $90 per MWh generated for 15 years. On a 203 kW campus system generating 240,000 kWh annually, that is roughly $21,600 per year in SuSI payments, separate from and on top of any PPA electricity savings. Tax-exempt institutions in NJ can access the full 30% federal ITC directly through Section 6417 Direct Pay without needing a third-party owner to monetize the credit. Most schools still elect a PPA because it removes capital requirements entirely. PSE&G interconnection requires specific engineering coordination. Request a custom solar proposal to see what these numbers could look like for your campus.
SuSI ADI — 15yr Fixed RevenuePSE&G / JCP&LSection 48E ITC — 30%Section 6417 Direct Pay
California School Solar
Daytime electricity load is the key variable. Campuses with high daytime consumption see the strongest CA economics.
Under NEM 3.0, a school's daytime electricity consumption directly determines project economics. Campuses that run full operations during solar production hours, classrooms, labs, HVAC, get the most from behind-the-meter generation. The 30% federal ITC and MACRS accelerated depreciation are the primary financial drivers for for-profit institutions. Tax-exempt schools can access Direct Pay under Section 6417 to receive the ITC as a cash payment without needing a third-party tax equity structure. PG&E, SCE, and SDG&E each carry different interconnection timelines. Request a custom solar proposal to see what these numbers could look like for your campus.
NEM 3.0 Behind-the-MeterPG&E / SCE / SDG&ESection 48E ITC — 30%Section 6417 Direct Pay
Rhode Island School Solar
REF grants reduce project cost upfront. Tax-exempt schools can pair this with Direct Pay for the 30% ITC.
Rhode Island's Renewable Energy Fund provides competitive upfront grants for commercial solar systems up to 1 MW. On a 300 kW project, REF grants have typically run $130,000 to $200,000, reducing total project cost before any federal incentives. For a PPA structure, that reduction flows through as a more competitive electricity rate for the school. Tax-exempt institutions can also access the 30% federal ITC as a direct cash payment through Section 6417, without needing to own the system or carry tax appetite. National Grid RI interconnection benefits from the same utility-specific knowledge our team applies in Massachusetts. Request a custom solar proposal to see what these numbers look like for your campus.
REF Grant — Upfront ReductionNational Grid RISection 48E ITC — 30%Section 6417 Direct Pay
New York School Solar
NY-Sun pays upfront per watt. Vassar College's 270 kW AFC building project is an active example in the Plankton portfolio.
New York's NY-Sun Commercial and Industrial incentive pays around $0.20 to $0.25 per watt as an upfront rebate. On a 270 kW campus system, that is roughly $54,000 to $67,500 applied before federal incentives. VDER credits provide ongoing value for exported generation. Tax-exempt universities and private schools can access the 30% federal ITC directly through Section 6417 Direct Pay. Plankton has completed a campus project at Vassar College in Poughkeepsie under NY-Sun. Request a custom solar proposal to see what these numbers could look like for your campus.
NY-Sun C&I — Upfront RebateVDER CreditsCon Ed / National Grid NYSection 6417 Direct Pay
For Schools and Universities

Reduce What Your Campus Pays for Electricity. Redirect the Savings to Students.

Plankton Energy develops, builds, and operates commercial solar for private schools, independent schools, language institutes, and universities. Fixed PPA rate. No capital outlay. Structure matched to your institution's tax status and budget.

60,000+
Panels Installed
140+
Projects in Pipeline
$300K+
Saved Per Campus (est.)
  • Fix what your campus pays for electricity for the full contract term, at a rate below the utility tariff
  • No upfront capital. The financial structure is matched to what your school's budget and tax status actually support.
  • Tax-exempt institutions have additional options other property types don't. Direct Pay under Section 6417 lets qualifying schools access the 30% federal ITC directly.
  • 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 projects placed in service by December 31, 2027. Tax-exempt schools can access it as a direct cash payment through Section 6417 Direct Pay. The portfolio assessment will identify which structure fits your institution and where you stand relative to that deadline.
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A quick note before you submit: Plankton works on commercial-scale projects. Campuses 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 campus.

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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 School and University Portfolio

Commercial Solar on Educational Campuses. Operating and Producing Now.

Language Institute — Jamaica Plain, MA

537 kW Rooftop Campus Solar System

625,000
kWh generated annually
537 kW
System size
$300K+
Projected savings over system life
$0
Upfront capital required
Behind-the-meter PPA on a multi-building educational campus in Boston. The campus purchases solar electricity from Plankton at a discounted rate, reducing annual utility spending with no capital investment. Supported by the Massachusetts SMART program.
Elementary School — New Canaan, CT

299 kW Rooftop Solar System

299 kW
System size
PPA
Structure
$0
Upfront capital
CT
State
Behind-the-meter PPA on an active elementary school campus. Plankton coordinated construction around student schedules and safety requirements. Ballasted roof mount, no structural penetrations. Predictable long-term energy pricing enabling better district budget planning.
Private School — Cheshire, CT

229 kW Rooftop Solar System

229 kW
System size
PPA
Structure
$0
Upfront capital
CT
State
Behind-the-meter rooftop PPA on a private school campus. Solar electricity produced onsite reduces grid dependence, with the campus purchasing power from Plankton below the local utility rate. No ownership burden, no maintenance responsibility.
Montessori School — Princeton, NJ

203 kW Rooftop Solar System

240,000
kWh generated annually
203 kW
System size
$300K+
Projected savings over system life
$0
Upfront capital required
Behind-the-meter PPA on a multi-building Montessori campus. Supported by the New Jersey SuSI program. The school purchases solar electricity below the local utility rate, redirecting those savings toward academic programs. Over 1,700 metric tons of CO2 avoided over system lifetime.
Where School Solar Proposals Usually Fall Apart

Three Reasons Educational Institutions Walk Away From Solar. None of Them Have to Be Deal-Breakers.

Most schools that have looked at solar before walked away for one of three reasons. All three are solvable with the right structure and the right developer.

01

Capital Budget Conflict

The proposal required a capital investment the board couldn't approve in the current cycle. Solar doesn't have to work that way. A PPA or Site Lease puts Plankton in the ownership seat. The school pays for electricity, not infrastructure. No capital line item, no board vote on capital expenditure.

02

Tax Status Confusion

A developer told the school it couldn't benefit from the federal ITC because it's tax-exempt. That's no longer accurate. Section 6417 Direct Pay lets qualifying tax-exempt institutions receive the 30% ITC as a direct cash payment. The structure question is which ownership model makes sense for your specific situation, not whether the ITC applies.

03

Construction Disruption Concern

Administration didn't want contractors on an active campus during the school year. Plankton has completed rooftop installations on active school campuses by working around student schedules, transportation patterns, and safety zones. The West Elementary School project in New Canaan is one example. Construction coordination on educational facilities is a specific competency, not a workaround.

Financial Structure

The Right Structure Depends on Your Institution. Three Options, One Developer.

Plankton is structure-agnostic. The portfolio assessment identifies which of these fits your campus based on your tax status, budget, and roof situation. Most schools elect a PPA or Site Lease. Some private institutions with tax appetite choose Direct Purchase to capture the full ITC value themselves.

📋

Power Purchase Agreement (PPA)

Plankton owns the system. The campus purchases electricity from Plankton at a fixed rate below the utility tariff. No capital investment, no maintenance responsibility, predictable pricing for the full contract term. Plankton captures the ITC as system owner.

Most common for schools
🏠

Site Lease

Plankton rents the roof or parking lot, installs and operates the system, and sells electricity to community solar subscribers. The school receives fixed annual lease payments with no capital outlay, no operational involvement, and no electricity rate impact. Works well when the campus doesn't need the electricity offset directly.

Good for campuses with excess roof space
💼

Direct Purchase

The institution buys the system outright and captures the full economic benefit including utility savings, incentive income, and the federal ITC. Tax-exempt institutions can access the ITC as a direct cash payment through Section 6417 Direct Pay, without needing tax equity. Requires capital but maximizes long-term return.

Available for institutions with capital access
140+
Projects Under Development
60,000+
Solar Panels Installed
720,000+
Lifetime MWh Produced
10+
States with Active Projects
State-Specific Incentives for Educational Institutions

What School Solar Looks Like in Each Active Market

Every state has a different incentive stack and interconnection process. Tax-exempt institutions also have access to mechanisms that for-profit entities don't. Here is what applies to schools and universities in each market where Plankton's pipeline is active.

Massachusetts

SMART 3.0 provides fixed per-kWh payments determined annually. For a school hosting a community solar system under a Site Lease, those payments flow to Plankton and support competitive lease rates. For a PPA, SMART adders reduce Plankton's project cost and flow through to a more competitive electricity rate. Tax-exempt institutions can access Direct Pay for the 30% ITC if they choose to own.

SMART 3.0 + PPA or Site Lease + Section 6417 Direct Pay option

New Jersey

SuSI pays fixed rates per MWh for 15 years. Princeton Montessori is an active Plankton project under SuSI. Tax-exempt private schools in NJ can access Direct Pay to receive the 30% ITC directly. PSE&G interconnection requires engineering coordination specific to the utility territory.

SuSI 15yr Revenue + PPA + Section 6417 Direct Pay option

California

Campuses with significant daytime electricity consumption, year-round operations, labs, residential halls with AC, are the strongest CA candidates. NEM 3.0 rewards that load pattern. Tax-exempt institutions can access Direct Pay for the 30% ITC without third-party tax equity.

NEM 3.0 Behind-the-Meter + ITC Direct Pay + Utility-Specific Interconnection

Rhode Island

REF grants reduce total project cost upfront. Tax-exempt institutions can pair REF with Direct Pay for the 30% ITC in a Direct Purchase structure. National Grid RI interconnection benefits from the same utility knowledge our team applies in Massachusetts.

REF Grants + Direct Pay + National Grid RI

New York

NY-Sun C&I pays upfront per watt. Vassar College's AFC Building in Poughkeepsie is an active Plankton project completed under NY-Sun. Tax-exempt universities and private schools can access Direct Pay for the 30% ITC. Con Ed and National Grid NY interconnection are filed and coordinated across the metro area.

NY-Sun C&I Upfront Rebate + VDER Credits + Section 6417 Direct Pay
One Counterparty

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

Most solar deals involve a developer who sells, a financier who buys, and a servicer who operates. Three 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. Clients remain contracted with a Plankton entity throughout the agreement.

1

Portfolio Assessment

Our development team reviews your campus, roof situation, utility territory, and tax status. You receive a property-specific financial model showing what PPA, Site Lease, and Direct Purchase each look like for your institution. 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 your academic calendar. Active campus safety requirements are part of our standard process.

3

Installation and Long-Term Operation

We build with our own EPC team and manage operations after installation. The campus gets clean energy at a fixed rate, and Plankton handles system performance for the full contract term.

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 projects placed in service by December 31, 2027. Tax-exempt educational institutions can access it directly as a cash payment through Section 6417 Direct Pay. The portfolio assessment will identify which structure fits your campus and where your project stands relative to that deadline based on your utility territory and roof situation.

Request Portfolio Assessment