2026 Spring Preview: Nick d’Arbeloff, ReVision Energy

What trends or market activity are you seeing as we move into the spring season? We’re seeing a surge in commercial solar driven by the sunsetting of the federal ITC (30% investment tax credit) in July. With electricity costs rising, solar is increasingly viewed as a means to cut operating expenses, increase NOI, and boost valuations; owners are moving quickly to safeharbor solar projects before the deadline.

What projects, initiatives, or types of work are currently keeping your team busiest? Rooftops and parking canopies are most common. Our current focus is on helping companies safe harbor, or lock-in, the ITC for their solar projects. The process involves signing a binding contract and making a 5% deposit. Since each project is given four years to construct, all that’s needed before the deadline is the contract and deposit.

What opportunities or challenges do you see shaping the commercial real estate landscape over the next several months? The cost of electricity is rising rapidly as data centers and other factors drive up rates. Many real estate developers understand that properties with onsite solar show stronger NOI, improved resilience, and higher valuations. They essentially see solar as an effective defense against higher operating costs brought on by skyrocketing utility rates.