System Ownership

Solar Ownership Options & Benefits

Myth:   You have to pay thousands out of pocket to go solar!

Fact:  This is Fake News!

  • Solar Loan Option

    • Allow a homeowner to purchase a Solar System with ZERO MONEY out of pocket.

    • Requires a minimum 650 Credit Score

    • The Solar System begins to erase your Utility Electric bill (electric consumption offset varies per each home and roof situation).

    • Cash Flow Positive from Day 1. 

    • Allows the Homeowner to take advantage of the Federal Investment Tax Credit(ITC) 26% of system cost.

    • Allows the Homeowner to be eligible for Transition Renewable Energy Certificates (TREC). TRECs' reward the system owner with a $91 value for every 1000 kWh generated by the solar. 15 year Fixed program.

  • Cash/Self -Finance Option

    • Possible Return on Investment (ROI) of 3 years or less! (Investment returns vary per each home, roof, and production situation).

    • The Solar System begins to erase your Utility electric bill (electric consumption offset varies per each home and roof situation).

    • Allows the Homeowner to take advantage of the Federal Investment Tax Credit(ITC) 26% of system cost.

    • Allows the Homeowner to be eligible for Transition Renewable Energy Certificates (TREC). TRECs' reward the system owner with a $91 value for every 1000 kWh generated by the solar. 15 year Fixed program.

***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.

  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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