>PSE&G and Matrix Development Group Cut Ribbon on New Solar Systems
Rooftop Systems Feed Solar Electricity Directly Into Grid; Part of Utility’s Solar 4 All Program
Public Service Electric and Gas Company (PSE&G) and Matrix Development Group today marked the completion of two rooftop solar installations at adjacent Matrix-owned buildings in Perth Amboy, NJ. The 2.8-megawatt (MW) project is part of PSE&G’s Solar 4 All™ program that is spurring economic growth in New Jersey and creating jobs while economically increasing New Jersey’s renewable energy capacity.
Solar 4 All is a two-tiered approach that will over three years develop 80 solar megawatts – enough power to serve about 13,000 average-sized New Jersey homes. The program is structured so the financial benefits – the value of the solar credits (SRECs), federal tax credits and the sale of the solar energy – are returned to customers by offsetting the overall cost of the program.
“It’s hard to beat energy that’s pollution-free and can be produced and distributed locally, using the grid to benefit as many people and businesses as possible,” said Al Matos, PSE&G’s Vice President – Renewables and Energy Solutions. “We are providing solar power and developing the New Jersey solar market in a cost effective way.”
The Partner in Charge, Richard F.X. Johnson, runs Matrix Renewable Energy Services, a division of Matrix Development Group of Cranbury, NJ.
“This project represents a significant step forward for New Jersey in helping to achieve the state’s goal of being a recognized leader in the renewable energy arena,” said Johnson. “As a company steadfastly committed to energy-efficiency best practices, Matrix is strongly aligned with the mission of PSE&G’s Solar 4 All program to expand New Jersey’s solar capacity for the benefit of all residents and business owners in the state.”
The Matrix buildings are located at 1000 & 1050 Amboy Avenue in Perth Amboy, New Jersey. The two solar systems are comprised of 10,395 crystalline solar panels. The panels cover more than 217,000 square feet of roof space in total and are connected directly to the electric grid for the benefit of all PSE&G electric customers. They will produce enough solar electricity to power about 470 average-size homes.
“This project exemplifies Solar 4 All’s innovative approach to developing solar resources while preserving open space,” Matos said. “Large warehouse roofs are underserved real estate for solar development in New Jersey. By building these rooftop systems we are utilizing undeveloped space, providing a valuable source of revenue to building owners unlocking economic value and creating clean solar power for all of our electric customers to use.”
