Solar Panels Nj Free

You will pay for the electricity that they produce usually under a 20 to 25 year solar lease or power purchase agreement ppa.

Solar panels nj free.

Your choice to save with solar might be simply to lower your monthly bills or you may just want more control over how your home energy is sourced. Drawbacks of solar leases solar ppas. Under both agreements the main drawback is that you don t own your system. You heard right you can have solar panels installed in your new jersey home for free.

Free solar panels aren t free. Thanks to the new jersey clean energy program qualifying your home for solar energy is much cheaper than you think. Then you simply pay off your solar panels with affordable monthly payments which are typically lower than what you currently pay on your utility bills. You can get solar panels for free here with a power purchase agreement.

By matthewgodfrey neighbor. Still if you don t have the income to take the tax credit a ppa might be right for you. Solar sales tax exemption when you purchase your home solar system you will be 100 percent exempt from any sales tax due to the pv energy sales tax exemption. New jersey is one of the top states to be adopting solar power although not abundant in sunshine they are making solar power work.

In new jersey getting solar panels with a ppa costs nothign up front and saves you money from day 1. For now the savings from a solar ppa in new jersey are about 02 per kwh of energy or around 129 in the first year. On top of these revenue streams new jersey has also granted residential solar a couple tax breaks to help keep the costs down. Free solar in new jersey the term free solar panels is typically used to advertise solar lease or solar power purchase agreements ppas.

Or if you decide to purchase outright with a loan you re still coming out ahead with all the incentive that new jersey has to offer. Start today for 0 down. Free solar panels are not actually free. Profit with the power of sunshine.

Contact nj solar power today to get free customized pricing that s tailored to your home or business.