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NJ Solar Power Company Announces DOE’s $60 Million Investment

nj solar powerThe Entech Group, Inc. (Entech) of NJ is excited to confirm that the Department of Energy (DOE) announced a $60 million investment for applied scientific research to advance cutting-edge Concentrating Solar Power (CSP) technologies. CSP technologies use mirrors to reflect and concentrate sunlight to produce heat, which can then be used to produce electricity.  The investment supports the DOE’s SunShot Initiative.

The Department of Energy SunShot Initiative is a collaborative national initiative to make solar energy cost competitive with other forms of energy by the end of the decade. Reducing the installed cost of solar energy systems by about 75% will drive widespread, large-scale adoption of this renewable energy technology and restore U.S. leadership in the global clean energy race.

The Entech Group, Inc., a leading provider of residential and commercial solar power solutions in NJ, is pleased with the announcement.  Tom Furey, VP of The Entech Group, Inc., is quoted, “The SunShot Initiative will help make solar power more accessible for NJ companies, and companies nationwide.  This will help cut our reliance on fossil fuels and reduce carbon emissions overall.”

Benefits of Switching to Solar Power in NJ

There are numerous benefits for businesses that make the switch to solar energy.  Some of these benefits are:

  • Protect against rising utility rates
  • Reduce operating costs
  • Take advantage of government rebates & tax credits
  • Receive an above average return on investment
  • Experience long term reliability & low maintenance costs
  • Become a “green” business

According to The US Department of Energy, electricity utility costs will more than double in the next five years.  Having a commercial solar energy system has never been a smarter choice for a business owner.

The Entech Group, Inc., offers solar power systems that are backed by a 5-year system warranty and a 20-year manufacturer’s warranty.

To learn more about NJ solar power solutions, call The Entech Group, Inc., at 800.571.8661.

NJ Solar Power Users Offered Generous Incentives

The Entech Group, Inc., (Entech) a leading provider of solar power systems in NJ, reminds homeowners and businesses of the terrific incentives NJ offers for those who go solar.

NJ recently expanded its Renewable Portfolio Standard, requiring utilities to produce about 1,500 mW of solar by 2021. The result of setting the bar so high is the state’s SREC (Solar Renewable Energy Certificate) programs, which offer homeowners and businesses terrific incentives to utilize solar power in NJ.

NJ Solar Power Incentives

solar power njNJ’s SREC program allows businesses and homeowners to resell surplus power generated through their own solar systems back to utility companies. Most recently, New Jersey SRECs were trading at about $600, so homeowners or businesses that have at least a 5kW system, can earn $3,000 per year in SREC payments.

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

The Entech Group, Inc., provides residential and commercial solar power systems in NJ. Entech’s solar systems are a proven technology backed by a 5-year system warranty and a 20-year manufacturer’s warranty, so customers will be enjoying significant electric savings for the next quarter century or more.

To learn more about the benefits of solar power in NJ, call 800-571-8661.

 

NJ Surpasses 10,000 Solar Power Arrays Statewide

The Entech Group, Inc., (Entech) a leading provider of solar power in NJ, is proud to acknowledge that the state of New Jersey set a new single-month record for installed solar capacity and solar power installations in June, according to an official release from Governor Chris Christie.

solar power njAccording to the release issued by the New Jersey Board of Public Utilities, New Jersey’s installed solar capacity is now more than 380 MW generated from over 10,000 solar arrays statewide. New Jersey is second in the nation in both installed solar capacity and number of installations; only California has more.

The new findings advance the Governor’s commitment to develop renewable sources of energy that protect the environment, promote economic development and spur job creation.

Everyone Benefits from Solar Power in NJ

Representatives of The Entech Group, Inc added, “We are thrilled to provide solar power solutions to NJ homeowners and businesses. Solar power is good for the environment and good for the economy. Everyone can benefit from solar power in NJ.”

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.

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!

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

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