13,000 Solar Panels! Wow that’s a lot of panels. Where are they putting all those solar panels? The South Brunswick Dow Jones campus, placed like canopies in the parking lot. Literally! Renewable energy is on its’ way now quicker than ever. It is so great to see a large campus take advantage of the space it has and use it as a way to produce clean energy. I hope to see more campuses follow there lead.
New Jersey is one of the best places for solar. Why? Well one because NJ has some of the highest electricity rates, therefore the rebates are the largest. They have a special incentive called SRECs, Solar Renewable Energy Credits. What can you do with these credits? Well, a home accrues 1 credit for every 1,000 kWh of solar energy produced, and each credit is currently worth around $600. A new solar energy system is eligible to produce SRECs for 15 years. This means that an average roof could earn over $75K by selling credits over that time period.
What states are eligible for SRECs?
North Carolina, Maryland, Massachusetts, Washington D.C., Ohio, Delaware, Pennsylvania, New Jersey.
In response to the multi million dollar solar project, the two senators in New Jersey and others who spoke related this clean energy movement as a direct response to the environmental disaster going on in the Gulf of Mexico. The nation’s thirst for foreign oil really needs to end, and it is really important for everyone to consider our future and where we are going to get our energy from. Can we really keep getting our energy from oil? Do we have enough? We already get 60% of our oil from foreign countries. Oil leads to increased prices in goods and services, pollution, and war.
Where do i get energy from?