Reduce your monthly electric bills to virtually nothing with a solar energy system
Residential customers in New Jersey, California, and the Northeast can take advantage of some of the greatest financial incentives in the nation. These incentives can help to lower the upfront cost and make residential solar energy systems one of the most sound investments you will make to support your home, your family, and the globe. Imagine, solar energy reducing your utility expenses and the costs associated with bringing it to your roof are virtually paid for.
Aesthetics
Our solar panel manufacturers have been manufacturing solar panels for over 25 years and the technology has advanced significantly throughout this time. Panels that were once all very similar now take on different characteristics based on how they are made. One of these advancements is the sleek, slim, and beautiful design of thin-film panels which truly adds beauty to your home. Other options include the polycrystalline products that are often recognized as the most cost-effective solar systems and the monocrystalline systems that give the black roof look which is very elegant. If you are concerned with the way the panels will look please click here to visit our customers page and have a look at some photos of successful installations.
Equity Value
Recently the Appraisal Journal and Wells Fargo came out with a study that stated a solar electric system will add value to a home at a rate of twenty to one of the avoided utility savings. These savings are based not only on the photovoltaic (PV) system but also on the continued ability for the home to have lower energy costs than other similarly sized homes. That would mean that the average 5 kilowatt PV system would add $40,000 in equity value to the home it was installed on.
BIPV (Building Integrated PV)
BIPV is the current trend of the solar industry. It can come in various forms with the most common being solar roofing tiles and solar laminate. BIPV defies the usual expectations of solar power's appearance. Structurally and aesthetically integrated into your home or building, BIPV offers the same green performance in a sleek, low profile form factor and is the right alternative power solution to the new home builder.
Own vs Lease Electricity
Every year, the average rate for your electricity is raised by at least 6-7%. That means if your spending $150 per month this year, 5 years from now, you are going to be spending upwards of $200 for the same amount of electricity. In some parts of the country (like New Jersey) many nuclear power plants are scheduled for retirement. When the traditionally available sources of electricity are being removed, how expensive will it be for your current utility to find alternative mass sources of power? By choosing to go solar, you can lock in the rates where they are at today, become energy independent regardless of whether you purchase directly or work with one of our leasing programs.
This will allow you to have the electricity you need without additional fossil fuels being expended and help prevent future toxic chemicals from entering the atmosphere. Leasing a solar system has never been easier and it has never been less expensive. Often times, the lease payment will be 20-30% BELOW the payment you were making to your utility for an equal amount of power. This gives the homeowner a lower energy cost with no upfront payments!
Purchase vs Lease
We often look at our homes as the single largest investment we make for our future. With that in mind, a solar electric system added to your home is a significant addition to the home. Should you purchase or should you lease?
The answer is often better made based on where you live, how long you plan on living there, and what incentives there might be to make a purchase. With current Federal Tax Incentives, and some state-based programs like Solar Renewable Energy Certificates (S-REC's), Solar Rebates, and more, it makes sense to purchase the systems and get an immediate return on that investment. Our Solar Consultants are well versed in the various incentive programs available and can help you make intelligent choices in how to optimize the solar energy system investment.
In the case of a homeowner with little or no cash reserves, a solar lease program may be just the thing to reduce the monthly expenditures while adding value to your home. Leasing programs are available in 15 and 20 year terms with no money down. Lease payments can be structured to be at a consistent level or increase/decrease at some marginal amount to ensure savings throughout the life of the system.
Either way, you are protecting your home and reducing your carbon footprint. Solar energy is a green solution. It helps save trees and reduces carbon dioxide emissions as well as puts "green" back into your pockets with very significant returns on your investment.
