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"Shell Oil predicts that 50% of the world's energy will come from renewable sources by 2040."

"A system as small as 50 kilowatts, which can fit on a medium-sized office building roof, can produce enough electricity to eliminate 86,388 lbs of CO2 pollution annually, equivalent to planting over 6.5 acres of trees!"

"The number 2 state in the U.S. for solar electric power, and number 1 in total solar installations on a per capita basis, is New Jersey. Abundant state and federal incentive programs have caused the number of solar installations to skyrocket from just six installations seven years ago to over 4,340 today." LEARN MORE

In one hour, the planet Earth receives more energy from the sun than the entire world uses during a whole year.

In most states, you are allowed to feed the electricity produced by your solar power system back into the power grid.

Known as "net metering," this allows you to sell your solar power to the local utility, reducing or eliminating your electric bill.

The American Recovery and Reinvestment Act of 2009 (ARRA), passed in response to the worldwide economic crisis of 2008-2009, contains more than than $50 billion in direct spending programs, tax incentives, grants, loans, loan guarantees, and bond programs devoted to clean and renewable energy.

Even during the recession, the solar industry grew by 37 percent in 2009 and created 17,000 new American jobs. One industry association projects 10 gigawatts of new installations annually by 2015, powering two million households with clean, safe solar energy and supporting 440,000 domestic jobs.

2009 marked the second year of major price declines for photovoltaic solar modules. Prices have fallen over 40 percent since the beginning of 2008.

Since module prices account for up to half of the installed cost of a PV system, overall installed system prices are trending significantly downward as well.

Commercial Property

It is now common knowledge that "green" properties are highly attractive to developers, owners, operators, retailers, municipalities and consumers.


NRE's renewable energy services are a zero-cost capital improvement that helps property owners obtain LEED certification or other "green" recognition. For commercial property owners and tenants, NRE offers solar power solutions for the following building applications:

  • Single Tenant, Owner-Occupied Properties. These are ideal customers where our services can often add the greatest value and annual savings.
  • Leased Properties. NRE has programs that enable tenants to enjoy solar power at competitive prices while we deliver monthly lease payments to owners to enhance net operating income.
  • Regional Shopping Centers. Solar energy is often an ideal improvement for retail properties with significant CAM loads and/or large anchor tenants. NRE can deliver discounted clean electricity to offset heating, cooling, and lighting needs. Owners realize increased asset value since the property is now "green," which often dovetails with tenant and consumer values.
  • Hotels. NRE can provide an effective way to reduce electricity-related emissions associated with larger hotel operations. A renewable energy installation can often create a point of differentiation for guests, underscoring sustainability as a core value of the parent company.

For more information on our solar energy development services, contact us today!