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Financial Incentives a Boon and Bane to New Jersey Solar Energy IndustrySubscribe to RSS feed

The renewable energy industry in New Jersey is booming thanks to financial incentives the government offers and the lack of state regulations regarding the industry. There are 52 proposed renewable energy projects in the state, 24 of which are located south of Trenton. While this sounds great in theory, closer inspection shows that companies involved in these renewable energy project often have little or no background in the sector. Industry experts say that most of these new companies don’t know what they’re doing and are in the business primarily for the incentives involved. (more)