"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.

Institutional Properties

As budget cuts impact schools and universities across the country, solar energy provides a solution that cuts energy costs, while providing the opportunity for educators to teach students about the benefits and construct of solar energy installations.

Educational or healthcare facilities that have large, flat, unshaded roofs can easily benefit from solar energy, in most cases with no up-front investment required.

Schools and Universities. NRE provides schools, school districts and universities with a cost-effective way to meet increased sustainability goals and mitigate volatile energy costs. By hosting a solar power system, administrators can reduce operating expenses and transform empty campus rooftops, parking lots, or vacant land into productive assets.
Healthcare. NRE works with assisted-living facilities, hospitals and larger medical centers to identify opportunities to mitigate increasing energy costs. Our experts can develop renewable solutions that deliver payback within the first five years of system deployment.

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