Delivering Economic Benefits with Rooftop Solar

Turning the region’s vast unused rooftop space into clean-power generators

L.A.’s Feed-in Tariff Program. . .

$500 Million
Delivered in direct private investment

$400 Million
Leveraged in federal tax credits

%

of FiT projects in low-income “solar equity hotspots”

The Feed-in Tariff program fights climate change and creates economic opportunity

Los Angeles is facing an alarming mix of challenges related to climate change. Droughts and high temperatures are reaching new, more frequent extremes. Devastating wildfires have forced families from their homes. Our air quality ranks among the nation’s worst – hitting disadvantaged communities hardest.

The LABC is a longtime champion for the Feed-in Tariff, or FiT program, which allows local property owners, solar companies and third parties to sell solar power generated from underused rooftops back to the L.A. Department of Water and Power for distribution on the city’s power grid.

Today, Los Angeles leads the largest FiT program in the nation. It has helped building owners turn their roofs into revenue, created thousands of high-quality local jobs, and avoided the release of 2.7 million tons of greenhouse gas emissions annually.

Rooftop Solar is a Win-Win-Win!

The building owner receives a regular lease payment for unused rooftop space

The solar developer earns income from clean electricity generated into the power grid

Los Angeles benefits from reduced greenhouse gas emissions and thousands of local jobs

The LABC is a proud member of the Green Together Collaborative, a partnership designed to strengthen the local economy and reduce greenhouse gas emissions in the Pacoima-Sun Valley area.

Through a partnership with the Los Angeles Department of Water and Power, we connect building owners with solar developers to harness the power of the sun for profit — a market-driven approach to sustainability.

With rooftop solar, property owners win big!

Westmont Solar Energy Project
The 16.4 Megawatt (DC) Westmont Solar Energy Project in San Pedro will produce over 28 million Kilowatt-hours of electricity every year, making it the most powerful rooftop solar project in the world.
CRAFTED
At CRAFTED, a handmade goods marketplace at the Port of Los Angeles, a FiT installation is expected to gross $5.6 million over 20 years according to an LABC Institute estimate.
Forever 21
A combination of FiT and net metering to offset energy use at the headquarters of fashion retailer Forever 21 is providing 16 percent more return than predicted, and is expected to pay for itself within five years.
Southern California Trophy Building
At the family-owned Southern California Trophy Building in downtown Los Angeles, revenue over the 20-year contract with the utility is expected to exceed $670,000.
Oxnard Plaza Apartments
The first solar panels installed under LA’s FiT program, the 336 panels on the roof of the Oxnard Plaza Apartments in North Hollywood generate 142,000 kilowatt-hours of clean, renewable solar energy each year and are expected to bring in $561,000 from a 20-year LADWP contract.

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California Planning & Development Report: Report Identifies Roadblocks to Housing Production in L.A.

Mayor Bass Answers Key Questions at Friday’s Mayoral Housing Summit

Mayor Bass Answers Key Questions at Friday’s Mayoral Housing Summit

For Media Inquiries Please Contact:


Rachel Levy
Communications Director
(310) 226-7839
Email Rachel

Sugerman Communications Group
(310) 974-6680