Your Expert Partner

Peregrine Renewable Energy

Peregrine Solar provides a turn-key service for solar power systems for commercial real estate owners.
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We help guide clients through every step of the process, including:

  • Initial feasibility assessment
  • Pro Forma financial analysis
  • Financing through the Connecticut Green Bank
  • Procuring State & Federal Incentives
  • Design & Engineering
  • Permitting
  • Construction
  • Commissioning

Embarking on a commercial solar power project can be daunting. Peregrine Solar helps our clients every step of the way. It starts with the vision to bring together all of the components of the project into one coordinated effort. From conception to completion, Peregrine walks through the process with our clients to ensure a successful project.

Solar Business Models

The value of a solar power system to commercial property owners is obvious. Solar panels generate electricity whenever the sun is shining. But how can you make that energy work for you? There are a few key business models which work for commercial property owners.

Here are the three primary business models our clients use to create value:

Ownership

This is the most profitable model. All of the energy and financial rewards go to you. Typical payback is in the 3-6 years, with Internal Rates of Return in the range of 20-30%. This model is best for property owners who are willing to make a capital investment in the building in return for superior rewards.

Power Purchase Agreement (PPA)

With a PPA, a third party capital provider owns the system (typically the CT Green Bank) and sells you the electricity at a discounted rate compared to the standard utility rates of Eversource or United Illuminating. This model is best for non-profits, or when a company can’t maximize the tax equity incentives.

Roof Lease

A roof lease is the simplest form of going solar. A third party capital provider owns the solar system and all its direct financial benefits, while you receive an annual payment for leasing your roof to them. It’s like having a tenant who never complains about the heat! This model is best for property owners who want to collect revenue without making a direct capital investment in a solar pv system.

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