4 Main Benefits of Solar

  1. Savings in Electricity over the life of Solar ownership, not just the current year
  2. Helping the Environment
  3. Both the Federal Tax Credit of 30% and NJ Rebates are substantial
  4. Increases the value of your home by an average of almost 10%*
solar panels

Average Homeowner Experience in 2022

Your Analysis may differ based on your Electric Bill and Credit
$ 0 Down Payment on Solar Panels
  • Average Solar Loan Payment $135/month and no payments due the first year
  •  
  • ELECTRIC BILL SAVINGS
  • Previous Average Electric Bill $145/month
  • 1st year payments due $0
  • New Electric Bill $9/month
  • Electric Bill Savings per month 1st year $136/month
  • Savings per month in 5th year $245/month
  • Expected Savings in year 25 per month $495/month
  • Average Electric Savings over 25 years over $40,000 projected based on PSE&G history of annual increases
  •  
  • INCENTIVES, TAX CREDITS AND NJ REBATES
  • 30% Federal Government Tax Credit $15,055 against your tax liability and you can use over several years
  • NJ TREC Rebates over 15 years $9,044
  • Average Increase in Home Value in NJ = 9.9% or $32,281*
  •  
  • SOLAR PANELS AND EQUIPMENT
  • State of the art Solar Panels with Inverter and Battery Pack
  • 25 Year Solar Panel Warranty
  • Full Labor Warranty
  • ENERGY INDEPENDENT
Popular