Americans have just received untold numbers of new iPhones, iPads, video game consoles and flat screen TVs as holiday presents. All of these devices require electricity. It’s got to come from somewhere.
RAI has been involved in the solar business for quite awhile. The implementation of renewable energy projects is, by itself, a great stride for our society and economy. Stewardship of our environment is a responsibility we all share, and we’re proud to be doing our part to assist our customers to do just that.
While wind and solar projects carry with them a certain level of excitement – they use ‘cool’ technology, they’re very visible and fun to talk about – there are also some other ways in which organizations can be good to the environment. Have you taken a look at how energy efficient you are?
The coupling of energy efficiency and renewable energy projects is a real winner – first, reduce how much energy you really need to use, then get that energy from renewable sources.
Make that a New Year’s resolution – to explore all of the ways in which you can be the best consumer of energy you can be. We’re here to help you do so.
After months of little new activity, we’ve been incredibly busy in solar. In the past 4 months we have been building over 12 MW of net-metered commercial solar projects, putting over 150 people back to work. With New Jersey SREC values currently near their lowest point, how is this possible? Through a combination of hard work, patience, strong, performing team members.
It’s no secret that there has been a dramatic reduction in the volume of new commercial solar projects in New Jersey. The huge solar farms that were planned have been particularly affected. Many organizations interested in solar have ‘been standing on the sidelines.’
So who has been ‘greenlighting’ solar projects of late?
• Public sector customers like school districts and municipalities
• Privately-held companies that own their own buildings
• Energy investors and independent power producers with a long term view
Now is a good time to take another look at solar. SREC values are expected to turn up beginning next summer, when the new RPS requirements from the solar law signed last summer take hold. Prices of components have continued to slide, making systems less expensive than they were. All things that point to solar being a solid investment. Key questions:
1. Are you committed to ‘going green?’
2. What is your tolerance for payback on your green investment?
3. Are you willing to pay for your system to be ‘built to last?’
Commercial solar is coming back. This time, the recovery will be gradual but lasting. Be a part of it! Give us a call.
In the truest sense, doing net-metering projects and allowing businesses and homes to reduce their energy cost make the most sense and bring the most value back to the community. Creating lower energy costs allow for business to be more competitive, stable, and keep jobs intact. Jobs pay taxes, jobs purchase commodities, food, clothing, appliances, houses, etc., and flow money back into the economy. Residential solar increases the value of the property and allows for property owner to have more spending, allowing more money to flow as well.
Master plan for Brownfield’s and Landfills also makes sense with bonus S-REC credit amounts due to the higher cost of constructing these projects. We in the industry are still unsure if these particular projects can get done in any great number. There are many hurdles that have to be overcome, environmental regulatory, etc.