Sun Power, Technology Focus: Listen to the Echo

摘要

Echo refinanced its plant to pay for the installation, and received a reduction of 0.5% from PNC Bank because the project was considered "green." It also received rebates from both the state and federal governments totaling roughly $600,000. Under New Jersey law, the switch to solar power has also provided Echo with a new revenue stream: For every 1000 kWh Echo's system generates, it receives from the state a Solar Renewable Energy Credit (SREC), which is a tradeable commodity.