AvalonBay Communities
Southlands
Aurora, Colorado
1,060 kW
System size
$246,818
Annual solar NOI
18.6%
Cash-on-cash return
$4.25M
Est. property value created
Increase NOI With Solar
Did you know solar creates new income lines for market-rate multifamily properties? By installing small solar systems on resident meters, Shine turns your property’s electrical load into a recurring revenue stream — on top of savings from common area solar.
How to Generate New Income With Shine
Shine allows multifamily properties to:
Turn resident electricity into a new income line
A typical multifamily solar system installs only on common area meters, which cover 5% of a property's electrical load. Shine installs on resident meters — the other 95% — letting you capture 100% of the load. Residents pay for that electricity through a solar lease which flows to you as a new recurring income line.
Combine common area and resident solar for maximum NOI
Shine installs common area solar to cut your operating expenses on top of the new income you'll see from resident solar.
Get ahead of Building Performance Standards (BPS) penalties
A growing number of municipalities now require multifamily properties to keep emissions below a set threshold or pay fines. Shine's resident meter approach helps you adhere to these standards and avoid expensive penalties.
Work with one team instead of several vendors
Other solar companies require you to hire multiple vendors to complete a project. From feasibility analysis through design, installation, and monitoring, Shine handles every stage ourselves. We're your one accountable partner.
Roll out a cohesive solar program across your portfolio
Shine's approach allows you to run the same solar strategy across every property in your portfolio, in all 50 states.
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Our projects increase NOI by $620/unit
Equity Residential
Helix
Weymouth, Massachusetts
332.5 kW
System size
$131,158
Annual solar NOI
22.7%
Cash-on-cash return
$2.13M
Est. property value created
AvalonBay Communities
RiNo
Denver, Colorado
602.3 kW
System size
$154,360
Annual solar NOI
19.3%
Cash-on-cash return
$2.51M
Est. property value created
One Solar Expert for All Stages of Your Project
A typical solar project involves a portfolio consultant, a solar provider to design, permit, and build the system, a separate software company for resident billing, and a monitoring vendor to keep it all running. Shine does all of it ourselves.
From the first feasibility analysis to years of ongoing maintenance, we own the lifecycle of your solar program and stay accountable every step of the way.
Calculate my income with solarWhat We Cover :
1. Analysis
We evaluate a single property or your full portfolio to identify system size, project costs, potential NOI, and more.
2. Design
We engineer around your property's roofs, electrical infrastructure, and unit configuration.
3. Permitting
We manage the plans, permitting, and utility interconnection so the project keeps moving.
4. Installation
We build and commission the system with the care an occupied apartment community requires.
5. Resident Billing
For resident-facing systems, we set up and manage billing, and we help establish solar leases for tenants with no SaaS fees.
6. Monitoring
We track system performance after commissioning at no additional cost.
7. Maintenance
Our optional long-term maintenance program includes inspections and repairs for the life of the system.
Turning Energy Into NOI Across the USA
Find Out What Your Roof Is Worth
Get in touch with us to discover how solar delivers additional income. Whether you have one property or an entire portfolio, we’re happy to provide a free analysis.