Construction Today - January/February 2013 - (Page 14)

GREEN CONSTRUCTION THE TENANT ON THE ROOF A new solar procurement program allows owners to lease their unused rooftops. BY BRIAN VON MOOS T he volatility of today’s real estate market has many commercial property owners searching for new revenue streams. While improvements and renovations can increase the overall value of a property, the upfront costs of labor and materials as well as the potential revenue that could be lost if tenants are forced to vacate during construction are often too large of a financial risk for most owners. However, commercial property owners have a new opportunity to increase the value of their properties without disrupting the income generated by their tenants. A new type of solar energy procurement program allows property owners to lease their unused rooftops, and generate a guaranteed revenue stream that not only provides cash but increases the property’s resale value. In many ways, it’s very similar to the process that was used to lease roof space for cell phone towers. 14 CONSTRUCTION-TODAY.COM JANUARY/FEBRUARY 2013 Net Energy Metering (NEM) projects are the most common type of solar power installation. NEM is a billing mechanism that allows retail energy customers to receive credits on their energy bill for the energy they produce from a solar energy system, while they continue to pull energy from the grid to fill their electrical consumption needs. The utility debits and credits the customer’s account on a rolling basis as energy is put in and pulled from the grid, and settles up a final bill at the end of the year. The advantage with NEM for businesses is that solar happens to be most efficient and http://www.CONSTRUCTION-TODAY.COM

Table of Contents for the Digital Edition of Construction Today - January/February 2013

Construction Today - January/February 2013
Case Studies
Best Practices
Business Management
Green Construction
Construction Materials
Consigli Construction – Wat Nawamintararachutis NMR Meditation Center Thai Buddhist Temple
The Michaels Organization – University Student Living
Clark Builders – The Mustard Seed
JC Beal Construction Inc.
Plaza Construction – ENV
Regalia Beach Developers LLC – Regalia
Batson-Cook Construction – SkyHouse Orlando
Billingsley – Cypress Water Dallas
Jon M. Hall Co.
Pratt Homebuilders
John Moriarty and Associates – Charlesview Residences at Brighton Mills
Daikin America – Plant Expansion Project
Morton Buildings
MSI General Corp.
ClearSpan Fabric Structures
TOPCOR Companies LLC
Coatings Unlimited Inc.
Brencal Contractors Inc.
Del’s Construction Co. Inc. – Cambria Production Facility Expansion
Paric Corp.
Archer Western – Consolidated Courts Complex
Tishman Construction
McCarthy Building Cos. – Mercy Hospital Joplin
University of Maryland Medical System – Trauma Center Expansion
Swinerton Builders – San Joaquin Community Hospital Cancer Center
The Lemoine Company – Lafayette General Medical Center expansion
L.F. Driscoll – Temple University
P. Agnes
FIP Construction Inc.
National Lutheran Communities and Services – The Village at Rockville
Carothers Construction Inc. – Special Operations Command South Headquarters
The Hillman Group
Taylor Woodstone
Tooz Construction Inc.
Woolley’s Classic Suites
Structure Tone – Novo Nordisk Inc. North American headquarters
Gilbane Building Co. – Potawatomi Bingo Casino hotel
Pacific Building Group
Denark Construction – Owensboro-Daviess County Convention and Events Center
Traylor Bros. Inc.
Bobcat Contracting LLC
Reliable Contracting Co. Inc.
Union County and KemperSports – Galloping Hill Golf Course Clubhouse and Learning Center
E.L. Robinson Engineering
INDOT: 1-69 Corridor
Palmetto Corp
Monroe Tractor
Wood's CRW Corp.
Last Look

Construction Today - January/February 2013