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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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The information above has been obtained from sources deemed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for illustration only and do not represent the current or future performance of the property.