Revenue per unit, not panels per roof.
NOI underwrites your roof, finances the system, meters consumption, and bills tenants directly. You see a new revenue line — not a construction project. Here's how the math typically lands.
Tenants pay less. You collect the margin. Everyone wins except the utility.
Below is a real Tampa property running on NOI today. Tenants save roughly 30% versus their previous bill — and the landlord adds a five-figure revenue line they didn't have last year.
Why the NOI line keeps growing.
Utility prices have risen ~4–6% annually for a decade. Your tenant rate moves with the market — your cost basis doesn't.
Tenants on cheaper power renew at higher rates. We see meaningful retention lift across NOI portfolios.
An extra five-figure revenue line at typical multifamily cap rates can add six figures to your building's appraised value.
Illustrative. Final numbers depend on roof orientation, local utility rates, tenant load profile, and financing structure.
Installers install. Billing tools bill. NOI does both.
Most landlords think they have to pick between expensive ownership, a developer who keeps the upside, or stitching together five vendors themselves. NOI replaces all three.
- ✓Installation
- —Zero-upfront financing
- —Tenant billing
- —Revenue management
- —Landlord dashboard
- ✓Installation (partner network)
- ✓Zero-upfront financing
- ✓Tenant billing via Stripe
- ✓Real-time NOI analytics
- ✓Full landlord dashboard
- —Installation
- —Zero-upfront financing
- ✓Tenant billing
- ✓Basic revenue tracking
- —End-to-end ownership
With a developer-owned PPA, the developer keeps the revenue. With NOI, you do.
Developer PPAs are designed to retire the developer's capital — your tenants' payments service their balance sheet, not yours.
NOI is designed around the landlord. The system can be financed or owned, but the recurring revenue line always belongs to you.
When the building sells, the NOI line transfers cleanly. PPAs often complicate diligence and reduce buyer appetite.