Energy311

Energy311 provides the billing solution that enables property owners to sell their clean energy to commercial property owners at market rate, turning the idle-roof assets into a new revenue stream. It’s frustrating to see so many 2 to 3 story commercial buildings with large parking lots, such as cold storage warehouses, hospitals, strip malls, manufacturing and industrial facilities, grocery stores, grow farms, and other high energy use buildings without any solar on the roof. Why is that? The problem is that most commercial buildings are not owner-occupied. Since tenants pay for electricity directly, many property owners just don’t see the financial benefit in investing in clean energy. Over 50% of property owners cite economics as the chief reason to pass on clean energy. Energy311 makes the economics work: > 12% IRR, ROI in less than 5 years, and discounted power for tenants.