Dow Jones Plans Solar Installation at Corporate Campus
Monday, June 21st 2010 9:49 PM
By GetSolar Staff.
Financial news publishing company Dow Jones will soon have one of the country's biggest solar arrays at a corporate site.
The firm is building a 4.1-megawatt solar-power system at its South Brunswick, New Jersey corporate office. The project - which consists of 3.6 megawatts of parking-lot mounted solar panels and a 522-kilowatt rooftop installation - is being financed with the help of PSE&G's Solar Loan Program.
The program, available to homeowners, businesses and towns in PSE&G's service area, offers a novel way to finance solar projects. New Jersey mandates that utilities buy power from alternative-energy sources, and they can do so by purchasing solar renewable energy credits, or SRECs, from those who generate solar energy. The Solar Loan Program lets borrowers repay their loans by selling SRECs to PSE&G.
Not only is Dow Jones financing its solar array affordably, it's accruing a number of benefits from going solar. The solar-power system, company vice president for general administrative services Andy Schwartzberg said, will "reduce waste, protect the environment and trim expenses."
More companies are discovering the benefits of solar power - and with myriad financing options available, it's easier than ever to go solar.
New Jersey, one of the top solar markets in the U.S., has seen a stark drop off in one of its most important solar incentives. Now Platts reports that a last ditch effort to provid ...
Princeton Power Systems announced Tuesday that it will invest $1.5 million in a Princeton, New Jersey solar installation for its corporate headquarters. Combining 200 kilowatts of ...
A new solar installation should have Edison, New Jersey shining cleaner and brighter than ever.NJR Clean Energy Ventures announced Thursday its new agreement with Edison-based Adle ...
A program in New Jersey aimed at promoting solar energy investments among homeowners has won an award from the Environmental Protection Agency. The New Jersey Board of Public Utili ...
Subscribe
Financial news publishing company Dow Jones will soon have one of the country's biggest solar arrays at a corporate site.
