Solar · Texas
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Austin-based · 512.967.3663
Home / How It Works

How a rooftop becomes recurring income.

Three steps, about six months, and almost none of it touches you. Here's exactly how the program works, and why your downside is engineered out.

01

Monetization Analysis

We evaluate your roof for solar viability: usable area, structural capacity, transformer and electrical capacity, and interconnection feasibility. You receive a clear, no-obligation estimate of the lease income your roof can generate, and an honest read on whether it qualifies.

Free & no obligationDesktop + site visit~50,000 sq ft minimum
02

Agreement & Engineering

We execute a long-term lease, then handle everything technical and regulatory: third-party structural engineering, system design, permitting, Austin Energy approvals, and grid interconnection. The lease includes SNDA and mortgagee-consent provisions, so your financing stays clean. Permits and interconnection are a condition precedent: if Austin Energy approvals aren't obtained, the lease voids automatically.

We fund 100%3rd-party structural sign-offSNDA / lender consentPermit condition precedent
03

Installation & Cash Flow

Our affiliated roofing and solar crews install the system, typically 3–9 weeks depending on size, with access scheduled around your tenants and operations. The system energizes, begins delivering power to Austin Energy, and your fixed monthly lease payments begin, escalating 1% per year for the life of the lease.

3–9 week installMinimal disruptionMonthly rent + 1% escalator
The Program

Austin Energy's Solar Standing Offer Program, explained.

The mechanism that makes all of this work, and why it's safer for an owner than almost any tenant lease.

The buyer

A municipal utility

Under the SOP, Austin Energy commits to purchase the solar power at a set rate per kilowatt-hour through a Feed-In Tariff, not a private power-purchase agreement. Historically that's been around $0.1124/kWh for systems under 1 MW (lower for larger), with rates reset periodically by the utility.

The structure

Front-of-meter

The system is utility-facing: it feeds the grid directly and does not touch your tenants' meters, billing, or service. That's why there's no tenant disruption and no interference with existing lease relationships.

Your position

Fixed, not production-linked

You're paid a fixed lease per square foot. By program rule, your income can't be tied to system production. The utility carries the offtake; we carry the operations; you carry none of the generation risk.

The SPV Structure

A dedicated project company carries the obligations, not you.

Each project is held in its own entity, a "[Property Name] Solar LLC," a project company of Energy Economics Development LLC, which finances 100% of the equipment, engineering, permitting, and installation. The lease names you as additional insured, includes clear indemnification, and grants step-in rights so you're protected even in the unlikely event of operator default.

See every protection
Aerial of a commercial rooftop solar installation
  • We carry: all capital, engineering, permitting, equipment, installation, interconnection, insurance, O&M, monitoring, and full system liability.
  • The utility carries: the 25-year power offtake and the generation risk.
  • You carry: nothing but the right to collect a fixed, escalating lease.
  • Timeline

    LOI to commercial operation: about six months.

    Subject to the interconnection queue and permitting, here's the typical path.

    Wk 0
    Roof analysis & Letter of Intent
    Wk 2–8
    Lease, engineering & permitting
    Wk 8–20
    Interconnection & install (3–9 wks)
    ~Mo 6
    Commercial operation · rent begins

    See the numbers for your specific roof.

    Austin-based · 512.967.3663