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.
Solar panels nj free.
Profit with the power of sunshine.
Free solar panels are not actually free.
Free solar in new jersey the term free solar panels is typically used to advertise solar lease or solar power purchase agreements ppas.
Start today for 0 down.
Still if you don t have the income to take the tax credit a ppa might be right for you.
Going solar is now free for homeowners in nj.
New jersey is one of the top states to be adopting solar power although not abundant in sunshine they are making solar power work.
Thanks to the new jersey clean energy program qualifying your home for solar energy is much cheaper than you think.
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.
Under both agreements the main drawback is that you don t own your system.
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.
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.
The installer owns it.
You will pay for the electricity that they produce usually under a 20 to 25 year solar lease or power purchase agreement ppa.
You heard right you can have solar panels installed in your new jersey home for free.
Drawbacks of solar leases solar ppas.
By matthewgodfrey neighbor.
Free solar panels aren t free.
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.
Contact nj solar power today to get free customized pricing that s tailored to your home or business.
Maybe you ve heard of free solar.