Questions? We've Got Answers.
Everything you need to know about selling your legacy commercial solar project.
Getting Started
We buy commercial-scale solar projects that are 6+ years old across the Northeast (NY, NJ, MA, MD, VT, DC, PA). This includes rooftop systems, ground-mount solar farms, carport installations, and systems on brownfield or greenfield sites. We work with projects on office buildings, warehouses, schools, multi-family housing, retail centers, and manufacturing facilities. We buy projects in any condition—working perfectly, underperforming, or neglected.
Systems must be 6+ years old to ensure the 5-year Investment Tax Credit (ITC) recapture period has passed. Selling before the 5-year mark can trigger significant tax penalties for the seller. Our requirement protects you from this liability.
We're happy to take a look, but because of tax credit recapture rules we usually ask you to talk to your tax advisor first. Selling in the early years can trigger recapture, and how much depends on your situation. Once you know where you stand, contact us or start your estimate and we'll tell you what's possible.
Our online estimate tool works for projects 250 kW-DC and larger. Projects smaller than this typically don't have the economics that make sense for our acquisition model. If you're right around that threshold, submit it anyway—we evaluate each project individually.
No, we focus exclusively on commercial and industrial scale projects. We don't purchase systems on single-family residential homes.
We currently focus on NY, NJ, MA, MD, VT, DC, and PA. However, we're actively expanding into new markets. Submit your project anyway—we may be able to help sooner than you think.
Our estimate process is instantaneous. First, you'll get a preliminary valuation range in about 23 seconds after submitting basic project details. Then, immediately after, you'll receive a refined estimate with more specific pricing. Both happen right away—you don't have to wait.
Our online estimate tool handles portfolios and projects up to 7.5 MW-DC. Just start your estimate and add each project in the flow—you can submit multiple assets at once.
The Sales Process
Step 1: Get Your Estimate — Submit basic project info and receive an instant valuation range, then a refined estimate immediately after.
Step 2: Letter of Intent (LOI) — We send a formal LOI with price, terms, and timeline. You review with your advisors and sign when ready. We can't start due diligence until the LOI is signed.
Step 3: Due Diligence — We review all available paperwork and inspect the system on-site (typically 2-4 weeks). The price may adjust based on findings.
Step 4: Docs & Funding — We finalize the legal paperwork, both sides sign, and we wire funds to your account.
Step 5: Total Exit — We take over operations, maintenance, insurance, and liability. You walk away completely free. The signed LOI sets the closing timeline.
We always inspect the system before purchasing—both on-site and through paperwork review. We examine:
System performance data (if available)
Equipment condition
Site leases or property ownership
Utility interconnection agreements
Any existing offtake agreements (PPAs, leases, net metering, wholesale contracts)
Local permits and compliance status
All other contractual obligations
If documentation is missing, we work with what's available and conduct more thorough on-site assessment. Our goal is to understand the asset fully and confirm our valuation.
Many of our sellers need board approval, partner consensus, or other stakeholder buy-in. We're experienced in working with these situations and can provide materials, presentations, or attend meetings to help facilitate the decision-making process. Just let us know who needs to be involved.
In the meantime, put in the project and let's get the ball rolling. We can start the evaluation process while you work on internal approvals.
No, you don't need to repair anything before selling. We buy projects as-is. Whether your system is working perfectly, underperforming, or has deferred maintenance issues, we'll make an offer based on its current condition, with no repairs or upgrades first.
Missing paperwork doesn't disqualify you from selling. Many legacy projects have incomplete documentation, especially if the original developer disappeared or ownership changed hands multiple times. We work with whatever information is available, and during our on-site inspection we gather what we need to evaluate the project.
Yes. When you submit through our estimate tool, simply add only the projects you want to sell. You can pick and choose which assets to divest from while keeping others. We'll structure the transaction around just those specific projects.
You'll work directly with our founding team. For banks and institutional sellers, this means direct access to decision-makers who can move quickly—no committees, no endless waiting.
Eligibility & Ownership
You own the equipment if:
You purchased and installed the solar panels yourself
You bought them outright from a solar company
You have a site lease where you own the equipment and pay rent for the land/roof space
You do NOT own the equipment if:
A third party installed solar and you pay them monthly for the electricity (this could be a PPA, lease, or other offtake agreement)
Someone else holds title to the panels and you're just the property owner
If you're unsure, check your original solar contract or contact us—we can help clarify.
If a solar company owns the equipment and leases it to the building owner (or sells power via a PPA), we would need to purchase from the solar company/equipment owner—not the building owner. However, if both parties are interested in a transaction, we can coordinate with everyone involved.
Yes. We step into your shoes and take over the PPA or lease, and it's a situation we see all the time. We review the agreement during due diligence, since its terms are part of what we're buying.
It depends on what your documents say, but we always prefer to go in with everyone informed. We're stepping into a long-term relationship with your tenant or off-taker, so we want them to know who we are from the start. We check your agreements for any notice or consent requirements during due diligence.
We regularly handle complex ownership situations:
Foreclosed systems
Fractured ownership among multiple parties
Systems on properties with unclear titles
Assets from dissolved companies or partnerships
Inherited projects with missing documentation
Projects where ownership has changed hands multiple times
Situations where the original owner completely disappeared
Even if you don't know the full history of the system, contact us. We have experience untangling these situations and can often piece together ownership from available records, utility bills, and property documents.
For especially complex situations, contact us—we can help sort it out.
If a third party owns the solar equipment and you just own the property it sits on, we'd need to work with the equipment owner. However, if you're both interested in a transaction, we can facilitate a three-way deal.
Yes, as long as the loan can be paid off at closing. If there's debt that can't be cleared, it becomes more complicated. We can work with assumable financing or help structure a payoff if the numbers work.
We buy non-compliant projects. Whether it's lapsed permits, outdated interconnection agreements, or other compliance issues, we'll evaluate the situation and price the offer accordingly. You don't need to fix compliance problems before selling.
System Performance & Condition
We buy underperforming and broken systems. Common issues we handle include:
Failed inverters
Degraded panels producing less power
Monitoring systems that stopped working
Damaged racking or structural issues
Systems that haven't been maintained in years
We'll assess the condition during our on-site inspection and make an offer based on what it would cost us to repair or upgrade.
That's not a problem. We buy as-is, and inverter failures are something we see and handle regularly, so you don't need to replace anything first. We make our offer based on the system's current condition.
No. Many older systems don't deliver the savings they once did—whether due to equipment degradation, changed usage patterns, or outdated rate structures. We buy these projects regardless of current economic performance to the building owner.
You can still sell without performance data. Many sellers don't have monitoring data, production records, or maintenance logs. We work with whatever information is available, even if it's minimal, and we always conduct our own on-site assessment during due diligence to evaluate the system's current state.
Yes, always. We inspect every system before purchasing—both the physical equipment on-site and all available paperwork. During our site visit, we:
Visually inspect equipment condition
Take photos and measurements
Verify system specifications
Assess what repairs or upgrades might be needed
This inspection happens during the documentation and on-site review phase, and findings may refine our offer.
Financial & Payments
We evaluate on many factors, but here are four main ones:
System age and condition — Equipment life expectancy, degradation, maintenance needs
Revenue potential — Existing offtake agreements, net metering credits, wholesale market rates, SREC/REC sales
Contracts and obligations — Site leases, interconnection agreements, offtaker creditworthiness
Market conditions — Local incentive programs, grid constraints, comparable sales
Our algorithm provides an instant preliminary valuation, then a refined estimate immediately after. However, the price can change after we speak with you and learn more about the project. It may also adjust again after we complete documentation review and on-site due diligence. We're transparent about these potential changes throughout the process.
No, the estimate is not binding, and the price can change. It can move based on the site visit, due diligence, and document and legal review. Nothing is binding until you sign our written offer. How the process works
We do. When we buy a project, the SRECs, incentives and net-metering credits that come with it become ours along with the system. We review the specific programs and agreements during due diligence.
If you own the equipment and pay a landowner for roof or ground space (a site lease): We would assume those payment obligations as part of the purchase.
If you own both the property and the solar equipment (no current site lease): We could structure a site lease as part of the transaction—where we pay you ongoing rent for the land/roof space. These payments would be part of the overall purchase price structure.
If you have an active Operation & Maintenance contract with a third party, we typically assume that contract as part of the purchase. If the O&M provider is doing good work at a fair price, we'll likely continue the relationship. If the contract is unfavorable or the service is poor, we may renegotiate or switch providers after closing.
We assume all agreements as part of the purchase, including:
Utility interconnection agreements
Net metering arrangements
All types of offtake agreements (PPAs, solar leases, wholesale power contracts, community solar subscriptions)
State incentive programs (SRECs, renewable energy credits, performance-based incentives)
Operation and maintenance agreements
Any other contractual obligations tied to the system
You transfer these to us at closing.
Yes. In some states, solar equipment is taxed separately from the property. We'll review the current tax treatment during due diligence and assume all tax obligations going forward. If there are outstanding tax liabilities, we'll address those as part of the closing process.
No. We don't charge seller fees, broker commissions, or transaction costs. The price we offer is what you receive at closing (minus any debt payoffs if applicable).
Payment happens at closing, typically via wire transfer. The LOI sets the closing timeline, and pace depends primarily on third-party response times — utility consent, landlord SNDA, lender payoff — and document availability. We handle the coordination; sellers mainly need to provide records they have and grant site access for inspection. Responsive sellers help us move faster.
Working With Us
We work with a wide range of sellers:
Real estate owners and REITs who inherited solar with property purchases, own solar they no longer want, are selling a building where solar complicates the sale, or used solar for its tax benefits and don't want to hold the asset long-term
Solar developers recycling capital from legacy assets or divesting from projects outside their current focus
Schools and nonprofits navigating complex agreements or ready to exit solar ownership entirely
Banks and lenders holding distressed solar assets
Asset managers divesting from non-core holdings that no longer fit their investment strategy
Estate executors liquidating commercial real estate
Anyone else who no longer wants to manage a solar system
See who we work with in detail
Know someone stuck with an aging system? See the Partner Program.
Our founder has 15 years of experience building and operating commercial solar across the Northeast, including 200+ projects built or managed. Do Good Energy applies that experience to buying aging systems: deep expertise in the region's regulatory environment, utility structures, and asset valuations.
Our founder has built and run 200+ solar projects across the Northeast over 15 years, and that team is who you deal with here. We buy with our own money, our founder is on every deal, and we'll give you references.
We're the first company to exclusively buy individual legacy commercial solar projects post-ITC recapture. We're not developers looking for new construction sites or aggregators buying massive portfolios. We focus on the projects others overlook—the 6+ year old systems that are too small or complex for large institutional buyers. We specialize in understanding the financial lifecycle of these assets and can move quickly on deals that would take others months to evaluate.
We optimize and operate the system for its remaining useful life. This might include equipment upgrades, improved maintenance, renegotiating contracts, or repowering with new technology. Our goal is to maximize the asset's value while continuing to deliver clean energy.
Yes. When we purchase a project, we assume all operational liabilities, maintenance obligations, compliance responsibilities, and contractual commitments. You walk away completely free of any future obligations related to the solar system.
We evaluate every project individually. Whether it's an unusual ownership structure, complex contracts, missing documentation, or circumstances that don't fit standard categories, reach out. We've handled many non-standard deals and can likely find a solution.
Contact us directly—we evaluate every situation individually and can likely find a solution.
Still Have Questions?
Can't find what you're looking for? Submit your project for an estimate or get in touch with our team.
Not sure if your project qualifies? Check eligibility