Solar Photovoltaic (“PV”) Project Development Program
If you are considering a solar electric system for your commercial
or industrial business Pasteris Energy can assist in the evaluation,
development and installation process.
A Solar PV system allows you to produce electricity without
noise or air pollution from a clean renewable resource, the
sun. Adding a solar PV system to your business takes advantage
of government-sponsored incentives and improves the value of
your business. A solar PV system reduces your energy costs,
improves efficiency, reduces reliance on foreign oil, reduces
pollution and green house gas emissions and creates a strong
positive image towards the community.
Pasteris Energy can assist you with the evaluation of a solar
PV system to determine the optimum sizing of the system, the
state and federal incentives which reduce the capital cost,
the sale of Solar Renewable Energy Credits (“SRECs’) which
offer an addition project revenue stream, short term accelerated
depreciation which increases the return on investment and calculating
the amount of free electricity generated.
If raising capital is a concern for your business a solar
PV system can be installed at no capital cost to the site host
by entering into a Power Purchase Agreement (“PPA”) with a
third party. The third party will develop, construct own and
operate the system. At the end of the PPA term, usually fifteen
years, the system is turned over to your business to gain the
full benefits of free electricity production. With proper maintenance
your system will produce free power for 25 years.
Currently Pasteris Energy is assisting a major New Jersey
hospital in developing a 2,500 kW ground mounted Solar PV system.
Also Pasteris Energy is assisting the Toms River Regional Schools
with the further development of Solar PV systems on their remaining
ten school buildings. Solar PV systems have already been installed
on seven school buildings.
View of solar panels installed on the Toms
River High School North
Photo Courtesy of Toms River Regional School