Regency Centers: Landlord-Retailer PPA Enables Roof-top Solar
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Solutions at a Glance
Retail Industry Leader Association's (RILA) Financing Calculator
Solution Type
Implementation Model
BARRIER
Retailers in leased spaces are challenged to install on-site solar when it requires purchasing the system or relying on a third-party lease provider.
SOLUTION
Work with the landlord who installs, owns, and maintains the solar array and sells power directly to the retailer at a fixed rate that is at or below electricity rates.
OUTCOME
Retailer saves money and accesses clean power to meet 65% of store’s energy needs.
