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Construction Design & Engineering
Posted: April 21, 2020
SolarKal: NJ to close SREC program April 30th
New York, NY According to SolarKal, the NJ Board of Public Utilities will close the state’s SREC Registration Program effective April 30th. The SREC program is scheduled to close once 5.1% of electricity sold in NJ is generated from solar power. Any solar project that has not been completely installed by the end of April will receive access to a transition incentive program.
The new “TREC” program creates a unique opportunity for qualified businesses and real estate owners to get nearly free electricity.
Due to the recent drop in equipment costs paired with high state and federal subsidies, there is a timely window of opportunity for solar companies to fully finance energy projects from solar subsidies and offer electricity at rates close to zero.
The TREC program serves as a transition to a new program and will close in a few months, once the next program is finalized.
SolarKal is working with its clients to take advantage of this timely opportunity and lock in their spot in the new program before it closes.
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New compliance data shows impact of Local Law 97 to improve sustainability in NYC
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Quick Hits
Columns and Thought Leadership
We support green construction. Just not this kind - by Tammy Smith
Most people think of St. Patrick’s Day as a fun footnote on the calendar. In construction logistics, however, it’s a full-scale operational variable — especially if your work touches major metro areas with major parades and, let’s call it what it is, enthusiastic celebrants.
Premium experiences, proven returns: The New revenue playbook for sports venues - by Terry McIntyre
Investing in the Fan Experience as a Revenue Strategy The sports and entertainment venues that bet on premium experiences years ago are now seeing those investments pay off in packed seats, increased revenue, and industry recognition.
