Lasley Brahaney Architecture + Construction's photovoltaic system (solar panel system) atop their office building at 860 State Road has netted the company $8100 in its first year.
"We were very surprised to achieve such high earnings this year. In this economy, having your office building generate revenue while doing something great for the environment is a win for everyone." says Marc Brahaney, owner of the firm.
The 44 panel photovoltaic system was activated in February of 2010. It is positioned on a 10 degree angle facing south and is not shaded by trees or other buildings, thereby giving it the maximum absorption of solar energy. Each panel can generate 224 kilowatts (kw) each.
Solar energy is measured in kw and electrical power is measured in kilowatt-hours. For every kilowatt-hour of power that is generated by the solar collectors, one Solar Renewable Energy Certificate (SREC) is earned. Each SREC earned can be sold as a commodity and is currently going for $647 per certificate. Lasley Brahaney earned 11 SREC's valued at $647 each and they were sold as a commodity. In addition, the company's monthly PSE&G costs were reduced by $1004.
The Lasley Brahaney office building has been recently awarded the LEED Certification (Leadership in Energy and Environmental Design) for the sustainable methods used in renovating the building. LEED is the nation's preeminent program for the design, construction, and operation of high performance green buildings.