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%*
Popular
Average Homeowner Experience in 2022
Your Analysis may differ based on your Electric Bill and Credit
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 $10,555
- 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