4 Main Benefits of Solar
- Savings in Electricity over the life of Solar ownership, not just the current year
- Helping the Environment
- Both the Federal Tax Credit of 30% and NJ Rebates are substantial
- Increases the value of your home by an average of almost 10%*
Average Homeowner Experience in 2022
Your Analysis may differ based on your Electric Bill and Credit
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Down Payment on Solar Panels
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Average Solar Loan Payment $135/month and no payments due the first year
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ELECTRIC BILL SAVINGS
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Previous Average Electric Bill $145/month
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1st year payments due $0
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New Electric Bill $9/month
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Electric Bill Savings per month 1st year $136/month
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Savings per month in 5th year $245/month
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Expected Savings in year 25 per month $495/month
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Average Electric Savings over 25 years over $40,000 projected based on PSE&G history of annual increases
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INCENTIVES, TAX CREDITS AND NJ REBATES
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30% Federal Government Tax Credit $10,555
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NJ TREC Rebates over 15 years $9,044
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Average Increase in Home Value in NJ = 9.9% or $32,281*
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SOLAR PANELS AND EQUIPMENT
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State of the art Solar Panels with Inverter and Battery Pack
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25 Year Solar Panel Warranty
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Full Labor Warranty
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ENERGY INDEPENDENT
Book a Solar Analysis Appointment
We can meet to discuss all options and create a proposal. Please have your electric bill ready.
Popular
Understanding the Federal Incentive Solar Tax Credit of 30%?
Can I use my Tax Credit for a New roof or other home project?
How does the NJ TREC Rebate Work?
How much will my electricity bill be reduced?
How much will my Home` Value Increase?
What will my monthly loan or lease payment be?
Types of Equipment, Solar Panels and Battery as it relates to the environment