
System Ownership
Solar Ownership Options & Benefits
Myth: You have to pay thousands out of pocket to go solar!
Fact: This is Fake News!
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Solar Loan Option
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Allow a homeowner to purchase a Solar System with ZERO MONEY out of pocket.
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Requires a minimum 650 Credit Score
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The Solar System begins to erase your Utility Electric bill (electric consumption offset varies per each home and roof situation).
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Cash Flow Positive from Day 1.
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Allows the Homeowner to take advantage of the Federal Investment Tax Credit(ITC) 26% of system cost.
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Allows the Homeowner to be eligible for Renewable Energy Certificates (REC). RECs' reward the system owner with a $91 value for every 1000 kWh generated by the solar. 15 year Fixed program.
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Cash/Self -Finance Option
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Possible Return on Investment (ROI) of 3 years or less! (Investment returns vary per each home, roof, and production situation).
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The Solar System begins to erase your Utility electric bill (electric consumption offset varies per each home and roof situation).
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Allows the Homeowner to take advantage of the Federal Investment Tax Credit(ITC) 26% of system cost.
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Allows the Homeowner to be eligible for Renewable Energy Certificates (REC). RECs' reward the system owner with a $90 value for every 1000 kWh generated by the solar. 15 year Fixed program.
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***Note***
All accountants and tax preparation companies are aware of this credit and how it is applied. The Federal 26% ITC is Nationwide tax incentive that is not just for solar projects Please consult your Tax Professional about your Federal ITC eligibility.
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The Annual Savings grow each year you have your Solar System, as utility prices continue to increase annually due to all of the homes going solar. A look at the cost of power from utilities in California shows it is triple what it is in New Jersey and they have passed a bill to make all new construction mandatory to be built with solar. This incentives make it the smart move to invest in solar.
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