The growth of New Jersey’s solar industry has been driven by an ambitious requirement that increasing percentages of the regulated power suppliers’ energy come from renewable energy sources, favorable financial incentives and favorable regulatory provisions such as net metering rules. In order to determine the economic viability of a solar project and the return on… Continue Reading
Category Archives: Renewable Energy
Subscribe to Renewable Energy RSS FeedSolar Panels Not Impervious Cover in New Jersey
Posted in Renewable EnergyOn April 22, 2010, Governor Christie signed a new law that exempts solar panels from the calculation of impervious cover under a number of state laws. The calculation of impervious cover can be a critical factor in development projects in New Jersey, as many state and municipal laws limit the percentage of a property that… Continue Reading
Corzine Signs Bundle of Clean Energy Bills
Posted in Renewable EnergyOn March 31, 2009, Governor Corzine signed three clean energy bills in front of a combined heat and power production facility at Rutgers University Busch Campus. With stated goals of reducing dependence on foreign oil, creating jobs and combating global warming, the first bill requires developers to offer to install solar energy systems on development… Continue Reading
Environmental and Energy Projects within the American Recovery and Reinvestment Act
Posted in Land Development & Sustainable Building, Regulatory Counseling, Renewable Energy, Transactions Involving Contaminated PropertyOn February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act of 2009, also known as the Stimulus Bill. Among the numerous programs encompassed within the Stimulus Bill are significant proposed expenditures for environmental and energy projects. There are many opportunities for businesses to capitalize on the federal funding and tax incentives provided… Continue Reading
Can I Use Solar Energy To Save Energy Costs For My Business?
Posted in Land Development & Sustainable Building, Renewable EnergyBusinesses and property owners can use solar systems to reduce their annual energy costs and even generate income. The cost of installing these systems is significant. However, there are a number of incentives from the federal and state governments that reduce the upfront costs of solar system installation and generate money for many years after the initial… Continue Reading