Ionic has created highly-specialized programs to maximize value for retail, office, industrial, and agricultural properties. They are meticulously tailored to each client’s financial portfolio and ownership strategy.
RETAIL AND OFFICE
Retail and Office property owners can traditionally benefit from solar by capitalizing on substantial tax benefits while reducing common area maintenance charges (CAM) for electricity use. With many CAM charges paid for by tenants, retail owners may see little benefit to their NOI by installing solar. Our conservative retail solar strategies allow owners to substantially increase NOI by selling power back to tenants while reaping 100% of the immediate tax benefits through solar capital improvements. Our strategies include “plug and play” lease amendment documents that allow a landlord to sell power to tenants at a significant profit while saving tenants money over the current utility company. Sale of power to tenants increases NOI. The increased NOI raises property value, oftentimes far greater than the cost of solar improvements.
Industrial property owners and tenants can also benefit greatly from solar. Similar to our retail and office solar strategies, industrial property owners can often save their tenants substantial money by installing solar and selling power back to them. Industrial power users often are forced to pay large utility company infrastructure fees (often called demand charges). Solar can reduce these fees while increasing industrial property NOI for landlords. If you occupy your own industrial property, installing solar to offset energy costs can save an astonishing amount of money from reduced electricity bills and tax benefits.
Solar power is highly beneficial for agricultural applications. It can save money, reduce pollution, and increase self-reliance. In addition to reducing energy costs, agricultural property owners are now adding to their incomes by harvesting power from the sun and becoming an energy provider. Whether powering an industrial agricultural facility, irrigating with solar power, or installing a solar electric fence, there is likely a way that solar can benefit most agricultural properties. Simply installing solar on a farm is not as easy as it seems. Utility company infrastructure policy and laws like the Williamson Act, have blocked farmers from reaping the benefits of solar. Our legal and engineering teams have viable solutions to removing these roadblocks and maximizing return on investment.