CRE Owners Push City to Make the Solar Rooftop Program Permanent

The popular solar feed-in-tariff program that is fully subscribed—but a new push from may encourage the city to make the 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.”

Read more here https://www.globest.com/2019/04/09/cre-owners-push-city-to-make-the-solar-rooftop-program-permanent/