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Solar Roof Lease

Illustration of a main street of shops and commercial buildings with rooftop solar panels

Make solar simple and turn sunlight into an income stream

With a Solar Roof Lease, your commercial building or nonprofit roof’s unused space becomes a revenue-producer. Leasing your roof space to the Green Bank to install a solar PV system means a reliable, worry-free tenant who puts lease payments in your account. And your roof helps put more renewable energy into the utility grid leading to a healthier future for all. If your roof isn’t suitable for solar, you can also consider leasing a portion of your unused land (ground mount solar) or combine solar with a carport in your parking lot.

Generate passive income

Generate passive income

Improve the value of your property

Improve the value of your property

Enjoy solar energy without the stress

Enjoy solar energy without the stress

Infographic showing how the Solar Roof Lease program works, from signing a lease to earning payments for hosting a solar system.

Key features

  • Earn fixed payments, which could be thousands of dollars annually depending on the size of your roof.
  • Enjoy solar without the stress and worries of system ownership. The Green Bank owns the system and as responsible for performance and maintenance.
  • “Go solar” without any upfront costs, incurring any debt, or no financial underwriting. The review process is quicker and simpler than with other solar options. Excellent solar option for building owners who are credit challenged, have limited equity in their property, or who cannot monetize tax credits.
  • Let your customers, employers and competitors see that you’re making a positive impact on the environment by harnessing the power of the sun.
  • Make improvements to your roof as part of the installation process.
  • Transfer the lease to a new building owner if you sell the property. An income generating roof can improve the property value at the time of sale.

Eligibility requirements

Most commercial and municipal properties are eligible. Contact the Green Bank for more information.

Featured Customer Story

Aerial photo of the SoNo Ice House sports facility in South Norwalk, CT, renovated with a C-PACE-financed rooftop solar system.

Renovated sports facility achieves nearly $2 million in lifetime energy savings

Spinnaker Real Estate Partners used C-PACE financing to install a 312 kW rooftop solar system at SoNo Ice House in Norwalk, CT, projected to save $1.96 million in energy costs over the life of the upgrades.

Read the full story

It's easy to get started!

The roof lease is offered through qualified solar contractors in your area that will help design a project tailored for your roof.