Category Archives: solar energey

NJ Will More Than Double Solar Power Generation

Remember that silly video that Chris Christie put out a few weeks ago about “his commitment to expand renewable energy production as the foundation of the state’s economic future?

And how he was widely ridiculed for trying to pander to President Obama and his New Jersey supporters by saying that he was behind the Presidents energy plan, and how ” Renewable energy is the future and as the country and the world make it a priority, my administration will be committed to making New Jersey a leading provider and supporter of green technology.”
The video, if you all remember was filled with a number of misleading statistics and facts and was generally panned by both critics and some supporters.
The following story from the Associated Press was released last night and announced that New Jersey will soon be the trailing only California in the production of solar power, generating 232 megawatts of electricity, enough to power 232,000 homes in the state while creating 200 new green jobs:
NEWARK, N.J. – Regulators approved more than $515 million in projects Wednesday that will more than double the amount of solar power generated in New Jersey and will solidify the state’s No. 2 spot behind California in power produced from the sun.

The state Board of Public Utilities gave the green light to proposals from four utilities that together will yield 145 megawatts of solar energy, enough to power about 130,000 homes, and will boost the state total to 232 megawatts.

“We’re all in this climate change boat together, and we’re all going to sink or swim together,” board president Jeanne Fox said.


With global warming, many nations have been working to reduce the use of fossil fuels that release greenhouse gases, a major contributor to pollution and climate change. The United States had 791 megawatts of solar capacity at the end of last year, with California accounting for 530 megawatts, according to the Solar Energy Industries Association.

New Jersey Gov. Jon Corzine has said he wants 30 percent of the energy consumed in the state to come from renewable sources by 2020.

Of the projects approved Wednesday, PSE&G proposed the largest — $515 million in solar panels installed on more than 200,000 utility poles plus solar gardens and rooftop arrays. Combined, the solar plants will produce 80 megawatts of electricity and power about 72,000 homes. The utility, New Jersey’s largest, expects to complete the project by the end of 2013.

Consumers initially will pay $1.28 a year to fund the solar generation, and pay up to $4.08 by 2028.

The project is expected to create about 200 jobs. South Plainfield-based Petra Solar will produce solar panels for PSE&G and says most of some 100 workers it expects to hire will be used for the project. Also, PSE&G estimates an additional 90 jobs will be created for other parts of the project.

Regulators also approved proposals from three utilities that together will generate an estimated 65 megawatts of electricity from the sun. Jersey Central Power & Light was given the OK to contract for 42 megawatts of solar power through 2012. Atlantic City Electric Company was cleared for 19 megawatts and Rockland Electric Company, for 3.8 megawatts.

Solar energy currently costs more to produce — between $6 and $8 per watt — than power generated from fossil fuels, such as coal, oil and natural gas, according to Lance Miller, chief of policy and planning for the board. The cost is expected to reach parity in seven to 10 years.

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Filed under Atlantic City Electric Co., Gov. Jon Corzine, Petra Solar, PSEG, Rockland Electric Co., solar energey, South Plainfield NJ

NEW LEGISLATION FROM SEN. MENENDEZ PROVIDES INCENTIVES FOR PRODUCTION OF SOLAR ENERGY

WASHINGTON – U.S. Senator Robert Menendez (D-NJ) yesterday introduced legislation that would help encourage the use of solar energy by homeowners and small businesses. The initiative would support new, innovative solar financing strategies being adopted by local governments around the nation by allowing home and business owners to participate in these local programs while still receiving a full solar federal energy tax credit. In addition, the bill would help spur the manufacturing of solar panels here in the United States and would boost the use of solar power in federal buildings.

“Solar power can save people money, create jobs, and help lower greenhouse gas emissions, which is why it needs to be a key part of our green economic recovery,” said Senator Menendez. “This legislation would allow homeowners to take full advantage of programs to help harness solar power and encourage the manufacturing of solar power in our country. These are the sorts of programs with short and long term economy benefits that should be considered for an economic recovery package.”

“We applaud Sen. Menendez’s ongoing efforts to help the solar industry to continue to flourish. This bill will help the solar industry produce 440,000 jobs by 2016 and truly repower our economy,” said Rhone Resch, President and CEO of the Solar Energy Industry Association.

Senator Menendez’s bill is a companion to legislation introduced in the House of Representatives by Rep. Mike Thompson (D-CA). It would do the following:

• Allow communities to finance solar panels without forcing their residents’ to forgo federal tax incentives. Instead of incurring upfront costs of up to $40,000, residents would be able to get solar panels for less than $200 per month by taking full advantage of a solar energy tax credit. New Jersey communities are considering adopting such a funding mechanism that was adopted by Berkeley. See the following for details: http://www.berkeleyfirst.renewfund.com/

• Provide a manufacturing tax credit for solar equipment so solar panels can be made affordably right here in America.

• Allow federal buildings to enter into long term solar power purchase agreements. This will mean federal buildings can contract with firms to get power at a fixed rate long period of time. This could result in an immediate savings for taxpayers and the expansion of solar installations.

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Filed under ecomonic benefits, economic recovery, Federal tax incentives, Job creation, press release, Rep. Mike Thompson, Senator Bob Menendez, solar energey

>NEW LEGISLATION FROM SEN. MENENDEZ PROVIDES INCENTIVES FOR PRODUCTION OF SOLAR ENERGY

>WASHINGTON – U.S. Senator Robert Menendez (D-NJ) yesterday introduced legislation that would help encourage the use of solar energy by homeowners and small businesses. The initiative would support new, innovative solar financing strategies being adopted by local governments around the nation by allowing home and business owners to participate in these local programs while still receiving a full solar federal energy tax credit. In addition, the bill would help spur the manufacturing of solar panels here in the United States and would boost the use of solar power in federal buildings.

“Solar power can save people money, create jobs, and help lower greenhouse gas emissions, which is why it needs to be a key part of our green economic recovery,” said Senator Menendez. “This legislation would allow homeowners to take full advantage of programs to help harness solar power and encourage the manufacturing of solar power in our country. These are the sorts of programs with short and long term economy benefits that should be considered for an economic recovery package.”

“We applaud Sen. Menendez’s ongoing efforts to help the solar industry to continue to flourish. This bill will help the solar industry produce 440,000 jobs by 2016 and truly repower our economy,” said Rhone Resch, President and CEO of the Solar Energy Industry Association.

Senator Menendez’s bill is a companion to legislation introduced in the House of Representatives by Rep. Mike Thompson (D-CA). It would do the following:

• Allow communities to finance solar panels without forcing their residents’ to forgo federal tax incentives. Instead of incurring upfront costs of up to $40,000, residents would be able to get solar panels for less than $200 per month by taking full advantage of a solar energy tax credit. New Jersey communities are considering adopting such a funding mechanism that was adopted by Berkeley. See the following for details: http://www.berkeleyfirst.renewfund.com/

• Provide a manufacturing tax credit for solar equipment so solar panels can be made affordably right here in America.

• Allow federal buildings to enter into long term solar power purchase agreements. This will mean federal buildings can contract with firms to get power at a fixed rate long period of time. This could result in an immediate savings for taxpayers and the expansion of solar installations.

Leave a comment

Filed under ecomonic benefits, economic recovery, Federal tax incentives, Job creation, press release, Rep. Mike Thompson, Senator Bob Menendez, solar energey