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CRE Owners Push City to Make the Solar Rooftop Program Permanent

L.A. commercial property owners are pushing the LADWP to expand its pilot solar feed-in-tariff program, which allowed property owners to lease rooftop space for solar panels. Estimates that the solar

program has a benefit of $0.04 to $0.05 cent per foot benefit on a solar lease on a roof. “An owner can use their rooftop, which is an under-utilized asset for them at this point as a place to generate income.” “It also has other benefits, putting the solar on the roof cools the entire building, which brings down costs.”

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