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While New Jersey has often been touted as an ideal place in which to pursue solar power, recent drawbacks in government incentives, coupled with a volatile solar renewable energy credit market, has led some commercial developers and property owners to view the installation of solar panels with a more critical eye.

In April 2011, we at Avidan Management completed a 4.26-megawatt solar installation on the roof of our 656,255-square-foot distribution facility at 145 Talmadge Road in Edison, NJ. Recognized as the largest rooftop-mounted installation in the country at the time, it was projected to have a fairly quick payback period, with SRECs trading as high as $685.

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