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Re: Solar in JC
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It's a good place for solar given PSE&G's usurious electricity rates. My last bill averaged to $.185 per Kwhr, or 50% more than the U.S. average.

Posted on: 2010/2/23 17:49
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Solar in JC
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Clear Skies Solar Signs $1,300,000 Jersey City Project

Company launching second fully financed project of 2010 -- CEO comments on future growth.

MINEOLA, N.Y., Feb. 23 /PRNewswire-FirstCall/ -- Clear Skies Solar, Inc., a full-service renewable energy provider to commercial, industrial and agricultural clients, announces its second fully financed project for 2010, a 324 kW solar power project to be installed on the ShopRite building located in the Metro Plaza in New Jersey. The new project is being financed by G&S Investors of New York City, bringing the total currently announced and financed CSS backlog to $2.1 million or more than half a megawatt in just the first six weeks of the New Year 2010.

"Our business pipeline for 2010 is already shaping up to be very strong. There are many positive industry factors contributing to this growing pipeline including strong government incentives, attractive component pricing and the increased availability of financing for such projects," commented Ezra Green, CEO of Clear Skies Solar. "As we have previously discussed, we are moving forward with our plans for expansion and for delivering to our shareholders fully financed projects and strong revenue growth. On March 2nd, we will be breaking ground on our first major project of 2010 in which we will install 185 kWs on the old Linens & Things building located in the Livingston Shopping Plaza. The project we are announcing today is schedule to begin shortly thereafter. We are clearly excited about the resurgence of financing within the solar energy space and look forward to the strong growth we expect to realize throughout the rest of the year. It is clearly an exciting time for all of us at Clear Skies Solar," said Green.

Gregg Wasser, CEO of G&S Investors, commented, "We look forward to continued growth with Clear Skies Solar and appreciate the model they have in place as it ensures our projects get completed on time with high quality and efficiency."

Posted on: 2010/2/23 16:44
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