EnterSolar and Stewart’s Shops Corporation were honored that the recently completed Stewart’s solar photovoltaic project was nominated as a finalist for The Business Council’s Environmental Committee Chairman's Award.
The Business Council Selects Stewart’s Solar Project as Finalist for Environmental Committee Chairman's Award
Overview of PSE&G’s Solar Loan III Program
PSE&G’s Solar Loan Program provides solar system owners with an innovative form of financing that can fund a significant portion of the upfront cost of a commercial solar system. The Program also provides system owners with a fixed price for all SREC’s generated, eliminating the key risk of SREC price volatility.
The two previous Solar Loan Programs have facilitated the installation of more than 71 MW of solar capacity in New Jersey. PSE&G Solar Loan III will seek to finance the deployment of 97.5MW of new solar photovoltaic installations over the next 2-3 years.
The New York State Public Service Commission (PSC) and the Long Island Power Authority (LIPA) have both announced reduced incentive rates, effective earlier this month. As rates are reevaluated by the respective authorities and adjusted according to demand, these revisions reflect the continued high level of responses that both programs have received from New York State businesses seeking to take advantage of the financial benefits of installing solar.