Community Solar Site Lease, Earn Rent From Your Roof or Parking Lot | Plankton Energy

Massachusetts Community Solar Site Lease
Massachusetts has one of the most active community solar markets in the country. The SMART 3.0 program creates consistent demand for new host sites.
Under a Site Lease, your organization receives fixed annual lease payments from Plankton. You do not receive SMART incentive payments directly, Plankton captures those as the system owner and developer. What SMART does is create a stable, state-supported revenue stream for community solar projects, which makes it possible for Plankton to offer competitive long-term lease rates to qualifying host properties. The stronger the site, roof size, age, utility territory, interconnection access, the more competitive the lease terms. Eversource and National Grid interconnection are both active in Plankton's Massachusetts pipeline. Request a site assessment to see what lease income your property could generate.
SMART 3.0 — Supports Lease RateEversource / National GridFixed Annual Lease PaymentsNo Electricity Load Required
New Jersey Community Solar Site Lease
New Jersey's SuSI program supports community solar economics in a similar way to Massachusetts SMART, it creates a stable revenue base that supports competitive lease rates for host properties.
Under a Site Lease in New Jersey, your organization receives fixed annual lease payments from Plankton. You do not receive SuSI payments directly, Plankton captures those as the system owner. What SuSI does is provide 15 years of per-MWh incentive revenue that supports project economics and, by extension, the lease rate Plankton can offer a qualifying host site. NJ community solar host sites benefit from that stable incentive framework without needing to participate in it directly. PSE&G and JCP&L interconnection are both active in Plankton's New Jersey pipeline. Request a site assessment to see what your NJ property could generate.
SuSI — Supports Lease RatePSE&G / JCP&LFixed Annual Lease PaymentsNo Electricity Load Required
California Community Solar Site Lease
California community solar is structured differently than Massachusetts or New Jersey. Site Lease opportunities are more limited and depend on specific utility territory and project type.
California does not have a statewide community solar incentive program equivalent to Massachusetts SMART or New Jersey SuSI. Community solar in CA is more limited in scope and depends on specific utility programs and project type. Most Plankton California projects are structured as behind-the-meter PPAs rather than community solar Site Leases. If your CA property is a strong candidate for a behind-the-meter PPA, meaning the building has significant daytime electricity consumption, that may be the more relevant structure to evaluate. Request a site assessment and we will identify which structure, if any, fits your California property.
Limited Community Solar MarketPPA May Be More RelevantUtility-Specific ProgramsSite Assessment Required
Rhode Island Community Solar Site Lease
Rhode Island's community solar market is smaller than Massachusetts but active. REF grants and utility programs support project economics, which in turn support lease rates for qualifying host sites.
Rhode Island has an active community solar market through National Grid RI and the state's Renewable Energy Fund. As with Massachusetts, under a Site Lease your organization receives fixed annual lease payments from Plankton, not the underlying incentives directly. Rhode Island's REF grants and utility incentive programs support project economics, which determines what lease rate Plankton can offer a qualifying host site. The RI market is smaller than Massachusetts, which affects the number of active projects and the competitive lease rate environment. National Grid RI interconnection is filed and coordinated using utility-specific knowledge in Plankton's Northeast pipeline. Request a site assessment to see what your RI property could generate.
REF + Utility Programs — Support Lease RateNational Grid RIFixed Annual Lease PaymentsSmaller Market Than MA
New York Community Solar Site Lease
New York has an active community solar market. NY-Sun and VDER support project economics, which supports what Plankton can offer qualifying host sites in the NY metro area.
New York's community solar market is active across the metro area and upstate. Under a Site Lease in New York, your organization receives fixed annual lease payments from Plankton, not NY-Sun rebates or VDER credits directly. Those incentives support Plankton's project economics as the system owner, which determines the competitive lease rate available to a qualifying host site. Plankton has completed community solar projects in Westchester, Staten Island, and the broader metro area. Con Ed and National Grid NY interconnection are both actively managed. Request a site assessment to see what your NY property could generate.
NY-Sun + VDER — Support Lease RateCon Ed / National Grid NYFixed Annual Lease PaymentsActive Metro Area Pipeline
Community Solar Hosting, Site Lease

Your Roof or Parking Lot Earns Fixed Annual Rent. No Electricity Load Required.

Plankton Energy develops, builds, and operates community solar projects on commercial rooftops and parking lots across Massachusetts, New Jersey, New York, and Rhode Island. Property owners receive fixed annual lease payments for the full contract term. No capital. No operational involvement. No requirement to use the electricity generated.

60,000+
Panels Installed
140+
Projects in Pipeline
720,000+
Lifetime MWh Produced
  • Plankton rents your rooftop or parking lot space. Your organization receives fixed annual lease income for the full contract term.
  • No electricity load required. The electricity generated goes to community solar subscribers in your area, residential and commercial customers who receive credits on their utility bills.
  • No capital outlay, no maintenance responsibility, no operational involvement. Plankton funds, builds, and operates the entire system.
  • Clients are always contracted with a Plankton entity. Plankton remains the O&M operator throughout the agreement. No third-party handoff on contracts or O&M. Clients remain contracted with a Plankton entity throughout.
Community solar vs. behind-the-meter: A Site Lease works differently from a PPA. Under a PPA, the building uses the electricity directly and reduces its utility bill. Under a Site Lease, Plankton operates the system as a community solar project and pays the property owner rent. The property's own electricity consumption is irrelevant. This is particularly useful for properties with low electricity loads, properties where a PPA doesn't make financial sense, or owners who simply want passive income from unused roof space.
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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 and what lease income it could generate.

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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.

How a Site Lease Works

Four Steps From Empty Roof to Annual Lease Income.

The property owner's role is minimal by design. Plankton handles everything from development through long-term operation. Here is how the process works.

1

Site Assessment

Plankton reviews your roof or parking lot, size, age, structural condition, utility territory, and interconnection access. You receive an estimate of what lease income the site could support.

2

Lease Agreement

Plankton and the property owner sign a Site Lease. The agreement sets the annual payment, contract term, and the conditions under which Plankton can access and operate the site.

3

Development and Installation

Plankton manages permitting, engineering, utility interconnection, and construction. The property owner is not involved in the development process beyond access coordination.

4

Lease Payments Begin

Once the system is operational, lease payments go to the property owner annually for the full contract term. Plankton operates and maintains the system throughout. No action required from the property owner.

What happens to the electricity? The solar system generates electricity that Plankton sells to community solar subscribers, residential and commercial customers in the area who receive credits on their utility bills. The property owner is not a subscriber and does not receive electricity credits. The lease payment is the only financial benefit to the property owner, and it does not depend on the building's own electricity consumption.
Active Site Lease Properties in the Plankton Portfolio

Rooftops and Parking Lots Generating Lease Income. Across Property Types.

Community solar Site Leases work across a range of property types. Churches, nonprofits, industrial buildings, office buildings, and commercial facilities are all active in the Plankton portfolio.

House of Worship — Framingham, MA

305 kW Rooftop and Canopy Site Lease

305 kW
System size
Site Lease
Structure
SMART 3.0
State program (supports rate)
$0
Capital required
Plankton rents the church's rooftop and parking canopy space. Electricity goes to community solar subscribers in the area. The congregation receives fixed annual lease payments with no capital, no maintenance, and no operational involvement. The church's own electricity consumption is unaffected.
House of Worship — East Longmeadow, MA

340 kW Rooftop and Canopy Site Lease

340 kW
System size
Site Lease
Structure
SMART 3.0
State program (supports rate)
$0
Capital required
Combined rooftop and parking canopy community solar on a church property in western Massachusetts. Plankton develops, installs, and operates. The congregation collects fixed lease income. Electricity delivered to local households as community solar credits. SMART 3.0 supports the project economics that determine the lease rate.
Commercial Office — Waltham, MA

544 kW Rooftop Community Solar Site Lease

544 kW
System size
625,000
kWh generated annually
Site Lease
Structure
$0
Capital required
Community solar on a commercial office rooftop in Waltham. Plankton rents the roof, generates 625,000+ kWh annually, and delivers electricity to local households as community solar credits. The property owner receives fixed annual lease payments from Plankton. Part of a three-installation cluster on the same street in Waltham. SMART 3.0 supported.
Youth Community Organization — Maynard, MA

88 kW Rooftop Community Solar Site Lease

88 kW
System size
97,000
kWh generated annually
Site Lease
Structure
$0
Capital required
Rooftop community solar on a youth organization facility. Plankton rents the roof, generates 97,000 kWh annually, and delivers electricity to local households. The organization receives fixed annual lease payments that directly support its programs. The building's own electricity consumption is separate from the community solar output. SMART supported.
Common Questions About Site Leases

What Property Owners Usually Ask Before They Move Forward.

01

"What Does the Lease Pay?"

Lease rates depend on the size of the usable roof or parking area, the age and condition of the roof, the utility territory, and local market factors. Plankton's site assessment produces a specific estimate based on your property. There is no fixed rate that applies across all sites, a 305 kW church rooftop in a SMART-active territory in Massachusetts generates different economics than an 88 kW rooftop in a smaller market. The assessment takes less than a month.

02

"Does My Building Need to Use the Solar Power?"

No. Under a Site Lease, the electricity goes to community solar subscribers, other customers who receive bill credits from the utility. Your building's electricity consumption has no bearing on the lease payment. This is the key difference between a Site Lease and a PPA. A PPA makes sense when the building has significant electricity load to offset. A Site Lease works regardless of the building's own consumption.

03

"What Happens to My Roof?"

The Site Lease agreement defines Plankton's access rights and obligations around the rooftop or parking area. Installation is done with ballasted mounting where possible, no penetrations into the roof membrane. Plankton is responsible for system maintenance, roof protection during installation, and system removal at end of term. Roof condition at end of term is addressed in the lease agreement. The site assessment will review your current roof age and condition before any agreement is executed.

140+
Projects Under Development
60,000+
Solar Panels Installed
720,000+
Lifetime MWh Produced
10+
States with Active Projects
What Determines the Lease Rate

The Lease Rate Plankton Can Offer Depends on the Project Economics.

Property owners receive lease payments from Plankton, not from the state incentive programs directly. What state programs do is support the underlying project economics that determine how competitive a lease rate Plankton can offer a qualifying host site. Here is how that works in each active market.

Massachusetts

The SMART 3.0 program pays Plankton a fixed per-kWh incentive annually for qualifying community solar projects. That revenue stream is what makes it possible to offer competitive long-term lease rates to Massachusetts host sites. A larger site in a favorable utility territory with a newer roof will support a higher lease rate than a smaller or older property. Eversource and National Grid both have active SMART capacity in Plankton's Massachusetts pipeline.

SMART 3.0 supports lease rate → Property owner receives fixed annual payment

New Jersey

New Jersey's SuSI program pays Plankton per MWh generated for 15 years on qualifying community solar projects. That 15-year revenue base supports competitive lease rates for qualifying NJ host sites. PSE&G and JCP&L service territories are both active in Plankton's NJ pipeline. The SuSI incentive level is one of several factors that determine what lease rate a specific NJ site can support.

SuSI 15yr revenue supports lease rate → Property owner receives fixed annual payment

California

California does not have a statewide community solar incentive equivalent to Massachusetts or New Jersey. Most Plankton CA projects are behind-the-meter PPAs rather than community solar Site Leases. If your CA property has significant daytime electricity consumption, a PPA may be the more relevant structure. The site assessment will identify which structure, if any, fits your property and utility territory.

Limited CA community solar market, PPA may be more relevant

Rhode Island

Rhode Island has an active but smaller community solar market compared to Massachusetts. National Grid RI and the state's Renewable Energy Fund support project economics for qualifying projects. The RI market's scale affects the competitive lease rate environment. Properties in strong interconnection positions with qualifying rooftop or parking footprints are the best candidates for a RI Site Lease assessment.

RI utility programs support lease rate → Property owner receives fixed annual payment

New York

New York has an active community solar market through NY-Sun and VDER. Plankton has completed community solar projects in Westchester, Staten Island, and the broader metro area. NY-Sun rebates and VDER per-kWh credits support Plankton's project economics, which determines the lease rate available to qualifying NY host sites. Con Ed and National Grid NY are both active in Plankton's NY metro pipeline.

NY-Sun + VDER support lease rate → Property owner receives fixed annual payment
One Counterparty for the Full Term

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

A Site Lease is a long-term agreement. For property owners, the counterparty on that agreement matters as much as the payment amount. 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 property owner remains contracted with a Plankton entity throughout.

1

Site Assessment

Our development team reviews your roof or parking lot and produces a lease income estimate specific to your property, utility territory, and market. No commitment required to receive the assessment.

2

Development and Installation

Plankton manages permitting, structural review, utility interconnection, and construction. Your organization's involvement is limited to access coordination. Construction is scheduled around your property's use and operations.

3

Annual Lease Payments

Once operational, lease payments are made annually for the full contract term. Plankton handles all system maintenance and operations. No action required from the property owner beyond the original lease agreement.

Accreditations and Publications
SEIA NABCEP Business Insider NY Weekly

Find Out What Your Roof or Parking Lot Could Generate

The site assessment takes less than a month and produces a specific lease income estimate based on your property's size, roof condition, utility territory, and local market. No capital commitment required. No obligation to proceed after receiving the assessment.

Request Site Assessment