For Building Owners

Turn Facade Costs into Revenue Streams

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Why Mitrex

Smart Solar for Smart Real Estate

Energy generating buildings with lower energy bills and modern aesthetics attract quality tenants and elevate your brand’s reputation—whether you’re managing student housing, retail plazas, or office towers.

Mitrex empowers real estate investors, REITs, and property owners to transform their assets into high-performance buildings by reducing operating costs, supporting LEED certification, and future-proofing properties in a sustainability-driven market.

  • 60-80% upfront cost covered by incentives & tax credits (ITC, MACRS, local rebates)
  • 5-7 years typical payback period on commercial façade projects
  • $12-25K average annual energy savings per 10,000 SF of BIPV façade
  • ↑ 20-30% increase in NOI from energy cost reduction, and tenant appeal premium
  • 60 years revenue-generating lifespan (continues producing income long after payback)
Increase Property Value & Market Appeal
Increase Property Value & Market Appeal

A modern façade does more than improve aesthetics—it enhances the property’s financial profile. Mitrex BIPV systems combine architectural finishes with real energy generation, attracting higher-quality tenants and boosting long-term value.

  • Modernizes outdated façades with contemporary finishes and sustainable facades
  • Converts passive surfaces into active renewable assets
  • Helps differentiate buildings in competitive markets
  • Acts as a long-term renewable income engine for large portfolios
Low Operating Costs, Lifecycle ROI
Low Operating Costs, Lifecycle ROI

Mitrex BIPV provides predictable long-term returns by generating onsite energy that reduces operating expenses while increasing property value. With low maintenance needs and extended service life, the system performs reliably across the entire building lifecycle.

  • Average payback period of 5-7 years
  • Maintenance-free 60 year product lifespan
  • ROI supported by installation cost, energy output, and lifetime savings
  • Low operational costs with long-term performance stability
  • Lifetime product and performance warranties with extended service options
Green Financing & Sustainability Capital
Green Financing & Sustainability Capital

Building owners can take advantage of federal, state, and regional incentive programs that reduce capital costs and accelerate ROI. By supporting renewable energy generation and low embodied carbon design, properties can qualify for lower interest rates, higher loan-to-value ratios, and longer repayment terms—all while achieving sustainability commitments that attract modern investors.

  • Eligible for tax credits, rebates, and accelerated depreciation
  • Supports ESG reporting, carbon reduction, and green-bond eligibility
  • Enables more favourable lending terms, higher LTV ratios, and extended amortizations
  • Incentive guidance available during project planning
New Builds & Retrofits
Energy-Generating Façades for New Builds & Retrofits

Enhance the exterior envelope without invasive structural work. Mitrex BIPV façade systems integrate photovoltaic technology directly into cladding assemblies, enabling buildings to generate onsite energy while improving thermal performance, durability, and visual appearance.

  • Engineered for recladding, over-cladding, and deep retrofit applications
  • Lightweight (as low as 5 lb/SF) systems minimize added loads and typically avoid structural reinforcement
  • Compatible with ventilated rainscreen, prefabricated, and unitized wall assemblies
  • Provides full aesthetic flexibility—colors, textures, patterns, or material simulations to match or modernize any facade design
Portfolio Scale Service Agreement
Portfolio Scale Service Agreement

Mitrex partners with building owners to deliver portfolio-scale solar façade implementation—offering volume-based pricing, unified maintenance programs, and flexible PPA or early buyout options. This approach reduces upfront capital, simplifies management across assets, and guarantees consistent energy and financial performance across a property portfolio.

  • Portfolio pricing with volume discounts to reduce upfront investment.
  • Simplified integration across multiple assets and geographies.
  • Flexible PPA and early buyout options for financial flexibility.
  • Predictable energy yield and annual cost savings per building.
  • End-to-end service agreement covering design, installation, and ongoing support.

Case Study For Building Owners

The SunRise Retrofit

Residential High-Rise
  • Architect:

    MBC Group

  • Developer:

    Avenue Living / Logyx Solutions

  • Engineer:

    -

  • Engagement Step:

    Design Development

  • Deep energy retrofit of a 12-storey residential building to replace aging infrastructure with a high-performance BIPV facade system.
  • Installation of a 267 kW solar facade generating approximately 180,000 kWh annually—equivalent to the energy needs of 23 homes.
  • Use of Mitrex eFacade PRO+ custom panels integrated into a standard rainscreen system for durability, ease of installation, and long-term performance.

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Project details
  • Deep energy retrofit of a 12-storey residential building to replace aging infrastructure with a high-performance BIPV facade system.
  • Installation of a 267 kW solar facade generating approximately 180,000 kWh annually—equivalent to the energy needs of 23 homes.
  • Use of Mitrex eFacade PRO+ custom panels integrated into a standard rainscreen system for durability, ease of installation, and long-term performance.

Challenge
  • Achieve a minimum 50% decarbonization target required to secure retrofit financing, exceeding the capability of the originally planned 60 kW rooftop system.
  • Replace conventional fiber cement siding with a solution that met sustainability goals without compromising cost, constructability, or aesthetics.
  • Balance energy generation, architectural expression, and artistic collaboration—particularly for the north facade mural—within a single integrated system.
  • Coordinate logistics, installation, and long-term maintenance requirements within an occupied retrofit environment.
Solution
  • Mitrex proposed a significantly expanded 267 kW BIPV facade, enabling the project to surpass decarbonization targets and unlock retrofit financing.
  • Developed a fully integrated solar cladding system that functions as both the exterior envelope and the primary renewable energy source.
  • Collaborated closely with the architect, owner, general contractor, and artist to deliver a mosaic BIPV facade and the world’s largest BIPV mural, seamlessly integrated into the building envelope.
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Frequently Asked Questions

What's the bottom line on ROI and payback period?

Most commercial scenarios see simple payback around 5-7 years, depending on façade area, local electricity rates, and qualifying incentives. BIPV qualifies for the same incentives as commercial solar—typically three layers: federal investment tax credit, accelerated depreciation, and local cash-in-hand programs (utility rebates, state/provincial programs) that can cover 60-80% of façade cost upfront. The remaining 20-40% is repaid through energy savings. After payback, the system continues generating power for 60+ years, reducing operating expenses, improving net operating income, and supporting asset value. We provide project-specific financial models including expected kWh/year, bill savings based on your tariff, incentive calculations, and clear payback/ROI projections before you commit.

How does BIPV cost compare to conventional cladding?

Supply-only ranges from $45-65/SF, and turnkey installed ranges from $70/SF to $100+/SF. BIPV effectively combines two budgets: building envelope and solar installation. BIPV façade systems generally align with premium cladding costs. When BIPV costs exceed standard cladding, it becomes highly competitive once you factor in incentives and tax credits (covering 60-80% upfront), 25+ years of energy savings, and maintenance-free building envelope. You're not just buying cladding—you're investing in an income-generating asset that pays you back.

What incentives and tax credits can my project access?

Mitrex BIPV is treated identically to conventional solar for incentives. Eligible projects may access federal/national investment tax credits (ITC), accelerated depreciation (MACRS), state/provincial or utility cash-in-hand rebates for on-site renewable generation, and stackable incentives. Some jurisdictions offer additional bonuses for building-integrated or architecturally integrated solar. Combined, these typically cover 60-80% of façade cost upfront. We work with your tax and finance advisors to map out a 'capital stack' combining incentives, depreciation, and cash rebates to minimize your net investment and maximize returns.

What warranty coverage and lifespan can I expect?

Panels are designed for 60-year service life and are virtually maintenance-free. Our lifetime warranty includes a 25-year product warranty covering the façade as building material, and 25-year performance warranty guaranteeing defined percentage of original power output (typically around 80% of initial output at year 25). Maintenance is minimal—similar to glazed façades with periodic visual inspections and cleaning schedules aligned with your building's façade maintenance plan. This long-term reliability is crucial for lifecycle value and long-term asset planning.

How much energy will the system actually produce for my building?

Energy production is project-specific based on façade area, orientation, location, shading conditions, and color choices. We provide detailed estimates of system capacity (kW), annual production (kWh/year), and expected bill savings based on your local utility rates. For example, a typical commercial façade project might generate 7,500-15,000+ kWh annually depending on size, offsetting common-area loads like lighting, HVAC, elevators, and EV charging. We account for site-specific shading, building geometry, and local climate data in our calculations to give you realistic, bankable production estimates that support informed financial decision-making.

How does BIPV affect property value, ESG goals, and tenant appeal?

A solar façade directly supports higher building value through reduced operating costs, improved net operating income (NOI), and more resilient energy profile—all favorable in valuations and cap-rate discussions. It advances ESG and reporting with on-site renewable generation and transparent environmental data (EPDs, embodied carbon metrics) for corporate ESG, net-zero, and climate-disclosure commitments. Many institutional, tech, and corporate tenants actively seek low-carbon, visibly sustainable buildings. A Mitrex façade becomes both a design feature and visible sustainability story you can promote in marketing and leasing materials.

What maintenance does a Mitrex Solar Façade require?

Maintenance is similar to high-quality glass or metal façades. The exterior glass surface includes anti-soiling and hydrophobic properties reducing dirt build-up and making cleaning faster and less frequent. Routine maintenance typically involves visual inspections for damage or soiling and periodic cleaning aligned with your building's overall façade maintenance program. The system is designed to be virtually maintenance-free over its 60-year lifespan, significantly reducing long-term operating costs and access requirements compared to traditional cladding materials that may require refinishing, repainting, or replacement.

Does it make sense to use BIPV on the entire building? Even on the north side?

We maximize the energy generation by considering the location, orientation and project design. In general, the north side will generate less energy than the south, east, or west elevations. Whether or not it makes sense to use BIPV there usually comes down to cost feasibility. If the alternative cladding material is priced similarly to BIPV, and the energy generation provides a return on investment, then it may still be worthwhile to install BIPV on the north. But if there’s a significant cost difference and the energy output doesn’t justify it, a non-active material is typically the better option.
It’s uncommon for 100% of a building’s façade to be suitable for BIPV. In areas where solar integration isn’t feasible, non-active panels that visually match the active ones can be used to maintain a cohesive appearance. With BIPV, the most effective approach is not “all or nothing”—instead, it’s about being strategic. Some areas will offer better energy performance and cost-efficiency than others, and focusing on those zones is what’s typically recommended. Solar studies can be run in the design phase—these assessments help evaluate energy production potential, identify cost-effective areas for integration, and determine how much the system can contribute to the building’s overall energy needs.

What happens at the end of life? Do the cladding panels stop producing power and need to be removed?

Our BIPV facade panels continue to produce power, even after the 25-year power warranty. The BIPV facade has a 60+ year lifespan, and continue to act as the building envelope even if power generation decreases. In the event of a retrofit, the BIPV panels are >90% recyclable with primary materials of glass and aluminum.

What is the power generation and efficiency?

Mitrex BIPV uses high-efficiency solar cells (typically ~22% cell efficiency), while the delivered panel power density depends on architectural choices and site conditions. As a practical planning range, output is often ~7–18 W/ft² (75–196 W/m²) depending on factors like orientation, tilt, color/opacity, cell spacing, and shading. Because BIPV is part of the building envelope, we typically provide owners and design teams with a clear estimate of annual production (kWh/year), expected bill offset, and performance assumptions (soiling, temperature, inverter losses, etc.) rather than relying on a single nameplate number.

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Whether you're managing rental housing, universities, or commercial buildings, Mitrex helps you meet energy goals and unlock building energy credits.

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