King Energy CEO John Witchel recently joined ESPN to discuss how commercial property owners and national retailers are transforming underutilized rooftops into reliable, long-term income streams through solar and battery systems.
During the conversation, Witchel outlined why solar now makes clear financial sense for commercial real estate. He explained how King Energy lowers energy costs for tenants while creating new NOI for property owners by renting rooftops, driving higher cap rates without requiring capital investment or operational lift.
“Solar energy is the least expensive form of energy in the United States today,” said Witchel. “It lowers the energy costs for all of the businesses in a commercial building and provides additional NOI and increased cap rate by renting the roof (…) we provide value to both the landlords and the tenants.”
Solar and Batteries Are Reshaping Commercial Energy
Looking ahead, Witchel emphasized the growing role of battery storage alongside solar. He shared King Energy’s view that solar paired with batteries will become the dominant source of power for commercial and industrial buildings over the next five to ten years, delivering stable, uninterrupted energy at scale.
A Nationwide Model Built for Multi-Tenant Properties
As the nationwide leader in multi-tenant commercial solar, King Energy installs, owns, and operates solar and battery systems at no cost to property owners. The model delivers:
- Steady, long-term rental income for property owners
- Lower, more predictable energy costs for tenants
- Simple, scalable operations powered by enterprise-grade software
By managing the full lifecycle of the system, King Energy removes complexity and aligns incentives across the real estate ecosystem, making solar a practical financial strategy, not just a sustainability initiative.
Contact King Energy to learn more.
