Historical Solar Production
Extra Space has been investing in solar panels on our facilities for over a dozen years. This year we
invested over $20 million into solar builds and have over a hundred installation projects in planning,
development, and building phases. As of December 31, 2023, 33% of our REIT wholly-owned facilities had solar
panel systems. Our solar efforts reduce our grid electricity consumption while targeting a great financial
return, showing clearly how sustainability can be at the intersection of what is good for the environment,
the community, and our shareholders.