New Jersey real estate mega-developers are notably less mega- than those across the Hudson. But Hartz Mountain Industries, the bona fide Jersey mega-developer behind the lovely Meadowlands Expo seen here, is indeed big time. And they’re going green, big time.
Tag Archives | photovoltaics
With comparatively cheap and comparatively green hydroelectric power keeping the lights on and water flowing, and low demand keeping real estate prices low, the stage is pretty well set for Buffalo to enjoy a bloom in green industry.
Once the sole domain of the ecologically minded, the green building movement has gone mainstream. Part of the green building movement has been the increase in solar power use in homes and businesses. The decision by homeowners and businesses to install solar electric systems, which are also known as photovoltaic (“PV”) systems, may be made for a variety of reasons. Some want to preserve fossil fuels and reduce air pollution. Some want to invest in an energy producing improvement to their property. Still others like the independence of a solar system, making them less vulnerable to increases in energy prices. A number of government incentives have helped spur this growth of the solar market. However, the increased interest in solar energy and solar systems has created certain real estate law issues, including: (1) the creation of solar easements, (2) restrictive covenants and homeowner’s association requirements, and (3) compliance with zoning and building codes. This article highlights the current state of the solar market and government incentives, with future articles highlighting each of items (1) through (3) above.