Multifamily & Affordable Housing Properties
Turn-Key Energy For Multifamily Properties - Retrofit & New Construction
We take the guesswork out of multifamily solar so your business can grow.
Owners and property managers of multifamily and affordable housing properties face several challenges in todays market. This includes rising energy costs, meeting energy efficiency standards, and providing amenities that attract and retain tenants while keeping operating expenses under control. Implementing solar energy systems, EV chargers, and covered solar structures can help address these challenges in several ways. Installing solar panels on the roof or carport can help reduce energy costs for the property. This can be especially important for affordable housing properties where residents may have limited incomes and be more sensitive to rising utility costs. Properties with renewable energy may be more attractive to potential buyers and investors, leading to increased property values over time. Overall, implementing solar energy systems, EV chargers, and carport solar can help property owners and managers reduce operating expenses, meet energy efficiency standards, attract and retain tenants, and increase property value.
BPi handles your asset class
We take unused portions of your property and generate revenue.
Protect your business from volatile utility costs & Power Outages
Renewable energy empowers you to grow your business.
Significant ROI & Financial Incentives
There is more then one way to cover the cost of energy
There are several tax credits & incentives available to you to offset the cost by up to 50% when adding renewable energy to your property. You also may have the option to sell the tax credits depending on your tax position.
Hedge against utility annual rate hikes. Whether you have a large electric bill you would like to offset or to increase operating income we can help. With net energy metering (NEM) you can be be paid for any excess energy.
Solar and energy is an investment in your future. BPi offers several financing options that allow clients to pick a scenario that best suits their financial needs and goals. A typical energy system pays for itself in 1 to 4 years.
An investment in energy is a financial asset. BPi offers several financing options that include, cash purchase, loan option, Power Purchase Agreement (PPA) and the financial feasibility modeling to yield highest ROI.
Renewable Solutions We Provide
We build & manage your projects from start to finish.
Solar & Roofing
Solar structures, offer a practical solution for reducing energy costs and provide additional benefits for tenants. Generate energy, increase property value, provide shade and protection for tenants’ vehicles, and advance sustainability goals.
Federal Solar Tax Credits for Businesses Available
30% tax credit under the Inflation Reduction Act
The Investment Tax Credit (ITC) is a federal tax credit claimed against the tax liability of commercial investor’s property for investing in solar and energy. This tax credit is a dollar-for-dollar reduction in the income taxes your company would otherwise pay the federal government. The ITC is based on the amount of investment in solar property. The Inflation Reduction Act (IRA) of 2022 (H.R. 5376), was signed into law on August 16th 2022 and aims to significantly lower energy costs for Americans and provides very attractive financial incentives for renewable energy to all sectors of the economy. The expansion and additional tax incentives makes the conversion to renewable energy significantly more enticing to property owners and managers. The US Federal Government is now offering a 30% Investment Tax Credit (ITC) for the installation of a commercial solar system. This is a 15% increase from the previous 26% tax credit. The Investment Tax Credit (ITC) will remain in place for the next 10 years through 2032.
- The investment tax credit (ITC) reduces the federal income tax liability for a percentage of the cost of a solar system that is installed during the tax year.
- The production tax credit (PTC) is a per kilowatt-hour (kWh) credit for electricity generated by solar and other qualifying technologies within 10 years of a system’s commission and operation. This reduces the federal income tax liability and is adjusted annually for inflation.
Environmental Benefits & Requirements
Reduce your facility's carbon footprint.
Ready to diversify your property?
Request a tailored proposal.
We are here to help. Our highly committed in-house team takes care of it all. Book your property’s energy evaluation. BPi evaluates client’s energy needs to maximize the investment and guide clients through every stage of the process in engineering, procurement, and construction management.