MINEOLA, N.Y., Sept. 14, 2011 (GLOBE NEWSWIRE) -- Clear Skies Solar, Inc. (CSS) (OTCBB:CSKH), a full-service national renewable energy provider has today announced their entry into the New England region's residential and commercial markets.

Due to the dynamic nature of the fragmented US solar industry, we must choose carefully which markets we enter. After diligently evaluating the Massachusetts market, we decided to enter this market utilizing the same model that was successfully executed in New Jersey. We expect our Massachusetts sales program to have a high level of success based on the stability of the MA Renewable Energy Credits (REC's) market. REC's are derived from the production of electricity via non-fossil fuel means. In Massachusetts, this gives each kilowatt hour produced a value of not less than $0.30 but currently a value at $ 0.52 on the spot market. This "floor" is slated to last for ten years adding a unique level of security to both private as well as institutional investors.  

CSS test marketed the program for Massachusetts in August 2011 with positive results.  Already CSS has signed contracts for over $1 million worth of projects in Massachusetts. "As we grow our sales force and our brand in Massachusetts, we expect this rapid pace of growth to continue. We look forward to tremendous success in this market due in large part to the REC market structure in Massachusetts which was designed with a price floor to bolster investor confidence by providing a safeguard against any major downturns in the market. Additionally, we will continue to seek out new markets and opportunities as they open up in the months and years to come," said Ezra Green, CEO of Clear Skies Solar.

About Clear Skies Solar, Inc.

Clear Skies Solar, Inc. (CSS), through its wholly owned subsidiary, provides full-service renewable energy solutions to commercial, industrial and agricultural clients across the country. CSS was incorporated in 2003 and launched formal operations in 2005. During that time, the Company developed its proprietary systems, obtained important licenses and certifications, and acquired technologies to maximize the impact of its construction expertise in the renewable energy sector. Clear Skies Solar has become one of the premier solar electric installation companies in the country. For more information about CSS please visit http://www.clearskiessolar.com

The Clear Skies Solar, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7498

Forward-Looking Statements

Certain statements in this press release may constitute "forward-looking statements" that involve risks and uncertainties. These include statements about Clear Skies Solar's expectations, plans, objectives, assumptions or future events. You should not place undue reliance on these forward-looking statements. Information concerning factors that could cause the Company's actual results to differ materially from these forward-looking statements can be found in Clear Skies Solar's periodic reports filed with the Securities and Exchange Commission. Clear Skies Solar undertakes no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events.

Clear Skies Solar, Inc.
Investor Relations Department
Email: 
Direct: 1-877-309-CSKH (2754)