MULTI FAMILY OWNERS
Create new secure income and improve amenities for multifamily residents
Increase property NOI at zero cost
PearlX owns, operates and maintains on-site solar, batteries and related infrastructure used to help the community become part of the energy transition. The PearX investment enhances the income stream for owners through fixed long term solar power lease agreements providing new rental income while at the same time offering resident energy savings and access to renewable energy. By leasing PearlX unused space in the community, owners can boost NOI and value for residents.
Case Studies
Quail Ridge Apartments, California
HIGH DESERT VILLAS
Victorville, CA
232 units
Roof only
PTO: 12/31/2023 rolling
System size: 932kW DC
Battery size: 2,283.4 kWh DC.
QUAIL RIDGE
Hemet, CA
222 units
Hybrid roof and carport
PTO: 12/31/2023 rolling
System size: 888 kW DC
Battery size: 2,175.6 kWh DC
BORDEAUX HOUSE
Atascadero, CA
400 units
Roof only
PTO: 11/30/2024
System size: 1,016.56kW DC
DRY CREEK
Paso Robles, CA
400 units
Roof only
PTO: 11/30/2024
System size: 1,201.83kW DC
Increase NOI at no cost
Our program helps owners increase property value through new rental income with no additional capital expenditures. PearlX installs and maintains the system while you pay for nothing, and you receive a new rent payment.
PearlX handles everything
We pay rent to property owners to allow us new access to install and maintain solar and battery storage equipment for the property’s unused spaces like roofs and carports. We manage every aspect of the process including: account management, engineering, permitting, construction, billing, resident support, etc.
Reliable energy at a reduced cost for residents
Residents can now become part of the energy transition through discounted on-site renewable energy provided as an amenity to their current utility costs. They can now participate in a new energy future and support smart grid technology, all while saving money.
PearlX also supports other infrastructure amenities
Additionally, like it does for on-site solar and battery storage, PearlX can provide turnkey capital and ongoing maintenance for related infrastructure products and services that further increasing value for the community. PearlX can support ancillary investment in property improvements like new roofing, carports structures, outdoor security lighting, energy management equipment, electric vehicule charging, and much more.
California Solar and Battery Storage
Our principal offering is solar and energy storage, but we offer other electrification amenities such as charging stations. PearlX systems can either be installed to directly deliver power and resilience to residents and building common areas, offset grid consumption by sending solar-generated power directly to the grid, or a combination of both. We work with owners to help them achieve compliance, ESG goals, and improve their resident experience.
If you’re looking to increase your NOI with zero investment, our turnkey solution takes care of everything. Visit our FAQ page to get quick answers to our most common questions.
Owners get a monthly lease payment, residents get on-site energy at a discount, and the result is cleaner energy. Everyone benefits. Get paid to install solar, battery backup storage, and other electrification amenities at your multifamily properties while decreasing energy costs for your residents.