How Solar NOI Affects Your Refinance and Loan Terms

A permanent, contracted NOI line changes your DSCR. Here's how to get lenders to actually count it.

What lenders want to see

12+ months of billed solar revenue history.
Copy of the PPA or ownership documentation.
Utility interconnection agreement.
Tenant enrollment rate and churn data.

How it shows up

Agency lenders (Fannie/Freddie) will typically credit 60–75% of trailing solar NOI in DSCR calcs on the first refinance, moving to 90%+ after 24 months of history.

The trap

If your PPA has an aggressive escalator (>3%) or a short remaining term, lenders discount aggressively or ignore it. Structure the PPA with a lender-friendly term (>15 years remaining, ≤2.5% escalator) from day one.

Want to see what your roof could earn? Estimate your NOI lift or talk to our team.

Next step

See what your roof could earn.

Get a free site-level estimate of solar NOI for your property. No sales call required — we send a written model.

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