Published in December 2008 Issue of Builder/Architect Magazine, Greater New Jersey Edition
By: Thomas F. Carroll, III, Esq. and Michael J. Lipari, Esq.
Builders, architects, planners and designers see the increasing need to explore environmentally friendly or “green” elements of construction. But these efforts are sometimes halted by the cost of implementing green systems, the time required to keep up with new technologies, and the time and cost associated with learning about the new technologies. The dilemma of whether to invest in green building in New Jersey may soon be resolved, at least with regard to the use of solar power to generate electricity into new projects. Several initiatives have been introduced in the Legislature that, if passed, will require builders and developers to incorporate solar energy systems into their projects as a prerequisite to governmental approval. At first glance this may appear to be yet another barrier to achieving an economically feasible building project in New Jersey, but certain initiatives such as roof warranty funds and state and federal tax credits are also on the horizon, which may provide enough incentive for building professionals and property owners to “go green.“
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