Neptune, NJ — Andover Properties, an investment firm that owns, operates, and develops commercial property throughout the United States, is proud to announce that its community solar project has been officially completed. This project involved the installation of enough solar panels to power over 100 homes and will act as a key component of Governor Murphy’s clean energy agenda which aims at achieving 100 percent clean energy by 2050.
This significant milestone underscores Andover's commitment to sustainable energy solutions and expanding access to solar power for all. The project, located at 3403 Route 33, Neptune, NJ, features a massive rooftop installation spanning over 72,000 s/f and boasting a capacity size of 744 kW.
One of the standout features of this project is its dedication to promoting environmental justice through energy equity. By ensuring emphasis on low- to moderate-income households, Andover can ensure that solar energy is accessible to a diverse range of residents, including renters and families facing economic challenges.
Moreover, the completion of this project is set to deliver guaranteed lower energy bills to those who subscribed to receive the power it generates. This not only contributes to a greener future but also provides tangible financial benefits to the local community.
“Self-storage leaders like Andover Properties can play a unique role in helping fight climate change by dedicating their rooftops to community solar projects like this one,” said Shaun Keegan, CEO and co-founder of Solar Landscape. “We’re proud to partner with Andover Properties to bring the many benefits of this rooftop project – cleaner air, lower energy bills, and clean energy job training – to nearby residents.”
Andover Properties expresses its gratitude to the New Jersey Board of Public Utilities for its support and recognition of this initiative, which aligns with the state's clean energy objectives.