News


NJ Introduces Bill to Increase Solar Energy Subsidies to Panel Owners

solar-energy-njThe Entech Group Inc., a leading energy, engineering and environmental services company in NJ, today announced that a key legislative panel has introduced bill S1925 for consideration.  S1925, the focus of intense debate within New Jersey’s solar energy industry, was proposed to stabilize the solar market by paying out increased subsidies to solar panel owners.

Proponents of the bill, including solar energy companies in NJ like The Entech Group, believe that this will help absorb the overabundance of solar renewable energy certificates (SRECS) that have flooded the market since the price per credit came crashing down in June of 2011.

Last summer, New Jersey’s installed solar capacity was more than 380 MW generated from over 10,000 solar arrays statewide. New Jersey was second in the nation in both installed solar capacity and number of installations; only California had more.

Solar Energy Usage in NJ Dropped Significantly

Since then, however, the state’s solar energy usage has plummeted after the price of the solar credits that owners of solar systems earned for the power they produced fell from nearly $600 to less than $100.

Thomas A. Furey, P.E, LSRP and Vice President of The Entech Group is quoted, “Introducing S1925  is a step in the right direction to regain growth in New Jersey’s solar market.”  Furey believes that S1925 could help to stabilize the solar energy market in NJ and pave the way for a thriving labor market for the solar installation community.

For more information on how bill S1925 affects residential and commercial solar panel installations, call The Entech Group at 800-571-8661.

NJ Solar Energy Company Helps to Build Green Dream Homes

NJ solar energy company, The Entech Group Inc., reports a new trend on the rise in NJ; solar panel installations on dream, luxury homes.  These ‘green’ dream homes are built with sustainable materials that help homeowners reduce their carbon foot print.

Energy efficient homes look good and are also good for the environment.  The installation of solar panels in NJ turns a dream home into a green home and protects homeowners from rising utility rates.

nj solar powerEssentially, solar panels enable the homeowner to save money by creating more of their own energy from the sun instead of purchasing it from utility companies.   A recent study by Yahoo! Real Estate revealed that there is a growing consensus that the dream home must be more energy efficient.

NJ Solar Energy Trends on the Rise

According to the Home Horizons 2012 study:

  • 50% of people consider green/energy efficient appliances/materials are a requirement of their dream home – it is more popular than perennial favorites such as “building a custom home” (38%); “water views” (38%) and “mountain views” (32%);
  • 27% of those in the market say that looking for a greener, more energy-efficient home is a significant reason they want a new home.

The US Department of Energy estimates that electricity utility costs will more than double in the next five years.  Having a solar energy system installed has never been a smarter choice for homeowners.  And because Entech’s solar systems are a proven technology backed by a 5-year system warranty and a 20-year manufacturer’s warranty, homeowners will be enjoying significant electric savings for the next quarter century or more!

NJ homeowners interested in installing solar panels in their home can call Entech for a complimentary site assessment of their property.  An Entech representative will prepare and present a one page outline of preliminary budgetary cost estimates including a summary of current federal and state program savings and incentives.

For more information, call 800-571-8661.

 

NJ Solar Energy Company Confirms State’s Takeover of California for Largest Solar Market

nj solar powerWith a recent boom in solar panel installations in NJ, The Entech Group, Inc., a solar energy company in NJ, confirms that the state recently overtook California as the largest solar market.

According to research conducted by Solar Energy Industries Association, New Jersey’s solar market jumped 170% from 1Q 2011 to 2Q 2011.  In June of 2011, the state of New Jersey set a new single-month record for installed solar capacity and solar power installations.

According to The Entech Group, Inc., businesses stand to save a substantial amount of money by switching to solar power systems, which can greatly improve their bottom line and allow them to thrive and create more jobs.  Similarly, homeowners are protected from rising utility costs and can re-sell surplus energy back to utility companies for a profit.

Solar Power in NJ Protects Homeowners From Rising Electricity Costs

According to The US Department of Energy, electricity utility costs will more than double in the next five years.  Having a commercial or residential solar power system installed has never been a smarter choice for a business or homeowner.  And because Entech’s solar systems are a proven technology backed by a 5-year system warranty and a 20-year manufacturer’s warranty, customers will be enjoying significant electric savings for the next quarter century or more!

The Entech Group, Inc. offers commercial and residential installation of solar panels in NJ.  The company believes the rise in solar installations in NJ will only continue, especially as the NJ Assembly and Senate get ready to pass additional legislation for solar power users which will help them realize the return on their investment much quicker. A Department of Energy report says U.S. solar incentives are already delivering an increasing return on investment as the dollar-per-watt value increases.

The Entech Group, Inc., affirms that solar energy in NJ is good for the environment, good for the job market and good for the economy overall.

To learn more about solar power in NJ, please call 800.571.8661.

Contact: The Entech Group, Inc. 
400 Morris Avenue, Suite 265 
Denville, NJ 07834 
800-571-8661 
info@entechgroupinc.com

The Entech Group, Inc.
Office: 400 Morris Avenue, Suite 265, Denville, NJ 07834
Office: 202 Hamilton Blvd., South Plainfield, NJ 07080
Phone: 800-571-8661
Email: info@entechgroupinc.com