July 9th, 2012
The Entech Group, a leading engineering, environmental and solar energy company in NJ is very optimistic about the future of solar energy with Governor Christie on their side. The Governor is expected to sign legislation (Bill S1925/A2966) that would revive the solar energy sector by increasing the amount of solar energy state utilities must buy.
In June of 2011, New Jersey set a new single-month record for installed solar capacity and solar power installations, second only to California. Then, in first quarter of 2012, New Jersey surpassed California and became the biggest U.S. solar market by megawatts installed.
Since then, however, the installation of solar energy systems in NJ has plummeted when the price of SREC’s (Solar Renewable Energy Certificates), fell by more than half and the market was flooded with credits.
Proponents of the bill, including solar energy companies in NJ like The Entech Group, believe that this new legislation will help absorb the overabundance of SRECS, increase their value and attract new solar investors.
Governor Christie is an outspoken supporter of solar power and is expected to sign the legislation shortly. “If this bill passes, I’ll sign it,” he said. “It’s going to help the market significantly and help the expansion of the solar industry in the state.”
Thomas A. Furey, P.E, LSRP and Vice President of The Entech Group is quoted, “We are confident about the future growth of solar energy in NJ. This new legislation will revive the solar market which will benefit not only the environment but the job market as well.”
For more information on how Bill S1925/A2966 affects residential and commercial solar panel installations, call The Entech Group at (866) 548-0208.
May 22nd, 2012
The Entech Group Inc., a leading energy, engineering and environmental company, was selected to provide professional construction observation services for a $4.2M solar panel installation project in NJ.
The solar energy project included the installation of 941.3kW of roof mounted and parking canopy mounted Solar Electric Systems across six properties at a contract value of $4.2M.
The Entech Group Inc. was called in to review and confirm the installation of the six separate solar electric generating facilities for the client prior to contractor payment.
The NJ solar energy company was able to review construction drawings and technical specifications for industry conformance, review and approve over $4.2 million in contractor applications for payment and perform on-site construction observation services of work completed in accordance with each contractor application for payment.
“We are extremely excited that Entech was retained to be part of the Columbia Bank and Jack Daniels Automobile Dealership Solar Energy Project Team,” said Thomas A. Furey, Vice President of Entech. “We value their trust in us to ensure, we will act in their best interest.”
For more information on Entech’s NJ solar energy services, please visit http://www.entechgroupinc.com/solar-energy-services
March 16th, 2012
The Entech Group Inc, a leading energy, engineering and environmental services company in NJ, has introduced new leasing programs for homeowners that are ready to go solar. The leasing program provides NJ homeowners the opportunity to spread the cost of their solar system over time and to potentially start saving money on their electric bill right away.
Many NJ residents are turning to solar panel systems to defend themselves from increasing utility rates. According to The US Department of Energy, electricity utility costs will more than double in the next five years. Homeowners installing residential solar panels in NJ will be well protected from these anticipated cost hikes.
The Entech Group, Inc. installs solar power systems in NJ and is now offering leasing incentives for NJ homeowners that qualify.
In addition to the instant savings NJ homeowners will realize on their energy bill, solar power systems also increase the value of a home, which can repay homeowners quite handsomely when it’s time to sell. Some studies suggest that a home’s value can increase $20,000 for every $1,000 reduction in annual energy costs. Plus any electricity produced from the solar power system will allow homeowners to accumulate energy certificates. These New Jersey Solar Renewable Energy Certificates (SREC) can be sold and provide an additional yearly income.
Having residential solar panels installed in NJ has never been a smarter choice. 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.
To learn more about leasing solar energy systems with The Entech Group, Inc., please visit http://www.entechgroupinc.com/solar-energy-services/solar/ or call 800.571.8661.