Lease your roof and earn new income.

The Roof Lease

It's like adding another floor to your building.

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Increased NOI

We pay attractive lease rates to use your roof for an on-site solar energy system. Plus, you get electricity at a low rate.

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Tenant Value

Your energy will be cleaner, and cheaper, than a competing location. We can help switch tenant billing to pass through electricity savings.

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Investor Benefits

Higher NOI and lower cap rate translates to more value. Even if you sell your property with on-site solar, you can expect a higher valuation to reward you for your decision.

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Higher WALT

Unlike other tenants with short-term leases, our solar system provides consistent revenue for 20 years, increasing your weighted average lease term (WALT).

A New Type of Tenant

Nessel Energy is unlike other tenants in your building. We bring a new source of lease revenue, pay tenant improvement costs, and we stay longer – reducing turnover expenses and occupancy uncertainty for your property.

Plus, you not only earn new revenue, you reduce your OPEX through lower electricity costs. It means double the impact to your building’s NOI.
Why Now?

There is a unique opportunity in New Jersey to capitalize on solar incentives.

The Federal solar investment tax credit recently fell from 30 to 26 percent of total project costs and will continue to decrease. Plus, New Jersey’s new Transition Renewable Energy Credit (TREC) value is temporary and will likely be reduced as soon as 2021.

Now is the time to lock in your roof lease opportunity.

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Contact Us

Now is the time to add solar as a tenant.

A combination of Federal and state-level incentives is creating a unique opportunity to earn high lease rates for solar on your property.

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Nessel Energy provides sustainable energy solutions for real estate owners and developers. We leverage over 20 years of real estate experience across commercial, multifamily, and industrial properties to provide unparalleled energy advising and services. | 775.387.2613

Contact us.