PERTH AMBOY, NJ – The completion of two rooftop solar installations by Public Service Electric and Gas Co. (PSE&G) and Matrix Development Group marks the latest project in PSEG’s “Solar 4 All” program that will develop 80 megawatts of solar energy by 2012.The 2.8-megawatt installation atop two adjacent Matrix buildings at 1000 & 1050 Amboy Avenue consist of 10,395 solar panels, covering more than 217,000 square feet. They connect directly into the electrical grid and will produce enough electricity to power 470 average-sized homes.
“This project exemplifies Solar 4 All’s innovative approach to developing solar resources while preserving open space,” says Al Matos, PSE&G’s VP of Renewables and Energy Solutions. “Large warehouse roofs are underserved real estate for solar development in New Jersey. By building these rooftop systems we are utilizing undeveloped space, providing a valuable source of revenue to building owners unlocking economic value and creating clean solar power for all of our electric customers to use.”
PSE&G is using leading solar energy companies to help deploy solar systems across the state. The Matrix project was built by San Diego-based enXco. "This project represents a significant step forward for New Jersey in helping to achieve the state's goal of being a recognized leader in the renewable energy arena,” says Richard F.X. Johnson, the partner in charge of Matrix Renewable Energy Services, a division of Cranbury, NJ-based Matrix Development Group. “As a company steadfastly committed to energy-efficiency best practices, Matrix is strongly aligned with the mission of PSE&G's Solar 4 All program to expand New Jersey's solar capacity for the benefit of all residents and business owners in the state."
Passed in 2009, Solar 4 All is a two-tiered program that plans to develop 80 megawatts over a three-year period ending in late 2012. The first tier calls for installing up to 80 megawatts of solar panels attached to utility poles in PSEG’s service area, which includes the state’s six largest cities. The second tier consists of 40 megawatts of centralized facilities such as the Matrix installation, solar systems on PSE&G’s own buildings, ground-mounted farms on PSE&G-owned properties, and arrays on five Newark Public school systems.
The utility will invest $515 million in the overall program between 2009 and 2013, with PSE&G’s customers paying for the installations at a rate of approximately $0.10 per month. However, the company says in its program fact sheet, it will sell SRECs based on the power generated, and also sell the power into the Pennsylvania/New Jersey/Maryland power grid, qualifying it for Federal tax credits. All will be used to offset the cost to customers.
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