March 9, 2020
YSG Solar is currently paying $70,000 for 1 MW rooftop leases—which is equivalent to approximately 70,000 square feet worth of roof area. Under New Jersey’s TREC (Transition Renewable Energy Certificates) program, we have an aggressive mandate with a goal to reach 100% carbon neutrality for electricity generation by 2050. As a solar developer, owner, and operator, YSG Solar is capable of entering into long-term agreements with property owners, providing them with a steady source of revenue.
Should my commercial roof be replaced before installing solar panels?
In order for YSG to install solar panels, the roof can be a maximum of 5 years old. If it exceeds this age, YSG will work with a local roofing company to install a brand new roof.
What is the minimum roof size for a solar lease?
YSG requires a minimum of 50,000 square feet for solar rooftop projects.
How much can I earn from leasing my roof in New Jersey?
As of 2020, under the upcoming New Jersey TREC program, you can earn $70,000/year per 1 MW.
How many square feet does 1 MW take up on a flat roof?
Approximately 70,000 square feet worth of roof area.
YSG Solar is a project development vehicle responsible for commoditizing energy infrastructure projects. We work with long-term owners and operators to provide clean energy assets with stable, predictable cash flows. YSG's market focus is distributed generation and utility-scale projects located within North America.
If you’re based in New Jersey and a solar roof lease sounds like it could work for you, please reach out. YSG Solar has over a decade of experience in the solar industry, handling large commercial and industrial solar projects along the way. Contact YSG Solar today to find out how a solar roof lease could work for you. Send us an email, or call the office at 212.389.9215 to learn more.