Increasing Commercial Property Revenue with the New Jersey Community Solar Energy Program (CSEP) If you’re a commercial property...
Commercial Solar And The New Jersey Community Solar Energy Program
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Your New Jersey Commercial Solar Partner
New Jersey is one of the most solar-forward states in the nation, with strict benchmarks for renewables, and robust programs to incentivize solar installations. King Energy is a leading partner in the endeavor to bring commercial and industrial solar nationwide.
New Jersey Solar Benefits & Incentives
New Jersey has passed legislation requiring a bold 50% of its energy to be produced from renewable resources. To bolster this push, incentives have been made available to commercial and industrial property owners to promote solar programs, such as:
- Renewable energy credits for properties enrolled in their Community Solar Energy Program
- Strict requirements for electric companies to buy back unused energy credits
- Exemptions for property tax increases due to increased valuation from solar installations
New Jersey commercial property owners can enjoy greater profits, higher property value, create greater tenant satisfaction, and achieve sustainability goals by incorporating rooftop solar into their energy portfolio.
REPORTING & SUSTAINABILITY
New Jersey ESG & Sustainability Requirements
New Jersey is unique in that it has a deregulated energy market, which provides options not present in other states but can also make finding the right electricity provider challenging. Having electricity reporting infrastructure in place helps to more closely track your provider’s value, and also positions you to take full advantage of New Jersey’s net metering program.
King Energy integrates directly to ESG reporting systems like Energy Star® Portfolio Manager®, which provides streamlined energy tracking, benchmarking against similar properties, and improved energy conservation measures.
Built to be a long-term partner
OneBill™ – Multi-Tenant Billing Solution
King Energy makes the experience of using solar simple and hassle-free for tenants. The OneBill™ software platform delivers a consolidated, monthly energy bill that combines tenant’s utility and solar usage. Tenants get a single energy bill and make a single payment, saving money with no new complexity. And, if they have any questions, our US-based support team is available to help.
Read More About Our Work In New Jersey
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