Premium Renewables is changing how multifamily buildings and communities are powered. By providing builders across the nation with home solar + storage solutions.
Contact us today by emailing rajesh.emailme@gmail.com.
Premium Renewables provides multifamily builders with:
There are several solar design criteria that can impact the economics of a multifamily construction project. Optimizing the right design, whether a flat roof, sloped roof, carport or a combination of the two, is essential to maximizing ROI.
California Title 24 building standards mandate solar on all new residential construction three stories or less. And the upcoming code cycle will expand these requirements to all new construction regardless of size. With energy efficiency mandates here to stay, builders must now add solar to their list of code compliance considerations. Premium Renewables can save you time and money by helping you plan your solar project and optimize your investment with higher NOI for both new and existing multifamily buildings.
Premium Renewables is leading the way with a unique microgrid community, including solar panels and battery storage options for each home.
Given enough space for solar panels, it’s possible to size a system large enough to offset more than 100% of a multifamily building’s estimated energy consumption. While some multifamily developers choose to size a system just large enough to meet minimum requirements, many opt for a more comprehensive sizing strategy to achieve greater returns on the initial investment and lock in low-priced energy for the future.
Although adding solar may require significant capital investment for those opting for an upfront purchase, Premium Renewables offers several financing options which can reduce these out-of-pocket expenses. The savings and incentives with solar far outweigh the costs and can bring fantastic returns for many years to come. With multifamily solar, it is possible to see improvements to the net operating income (NOI) and cap rate for the community.
Yes. In California, and increasingly nationwide, authorities are adopting formal laws and building codes requiring high energy efficiency construction standards, including requirements for on-site solar generation. For multifamily buildings in California, code requires solar on every residential unit in the community (with very few exceptions).
Yes. Many multifamily builders and developers are opting to prepare the necessary infrastructure (conduits, pull boxes, breakers, electrical panels, etc.) for future PV expansion and retrofit. The time to incorporate this infrastructure is well in advance of the early construction cycle before foundations and hardscaping are completed.
