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Hesco

Hesco was founded in 1968 with a location in Lebanon, NJ. The company’s initial focus was in electric supply, but as the business grew, local contractors were requesting lighting fixtures in order to bring their jobs to completion. The original lighting showroom was opened in Princeton in 1981 and is still open for business today. Their location in Annandale was opened soon after and is now powered by Green Power Energy’s solar array.
Green Bolt

Problem

Hesco provides a unique and local service to their customers. In an age of competition from online retailers, Hesco has kept their prices in line and also provides a knowledge and service you can’t get online. To stay competitive, Hesco needs to make careful financial decisions. As a lighting showroom, electric usage is one of their largest operating costs. Solar panels could allow them to operate as usual, at a fraction of the cost.

Solution

Green Power Energy installed a solar array that will produce enough energy to offset the electrical demand on site. In addition to the electric offset, the business took advantage of New Jersey’s SREC Program, MACRS Solar Deprecation, and the 30% Tax Credit. When you add the electric savings along with all of the other incentives, 50% of the investment was recuperated in year one, while ROI is expected to be met around 4 years.
Riding High Farm

Result

By installing a solar array the site became a truly green operation, meeting Ken’s goals by powering the business with clean energy. The system reached its return on investment in year four and has collected over $150,000 worth of SREC income since being installed in 2013. The ground mounted array allowed for a system to offset the majority of the usage and allow the geothermal heating and cooling system to operate without additional costs.

Overall Solar Experience

“We felt right from the beginning, a lot of confidence in your abilities as a company. I immediately liked your plan, you were very positive in what you could do. My expectations were far exceeded, we had no glitches or problems.”

– Dennis Kahn, President

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We would like to share this knowledge with you to illustrate what we offer and how it can impact you. Both by lower monthly bills and helping reduce impacts to the environment.

Home with Solar

A Quick and Easy Guide to PA SREC System

The state of Pennsylvania offers a smart incentive program under SRECs for residential solar buyers in the state. As part of this program, PA residents are incentivized for every megawatt-hour of solar power they generate through the year. Broadly speaking, the more solar energy they produce, the more money they get. The SREC incentive is above and beyond the net metering incentive that residents receive by diverting their excess solar power to the grid.

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(844) 584-0008
47 East Street Annandale, NJ 08801

42 Ozick Dr, Suite 3, Durham, CT 06422

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