A Leased Array at a Fixed Rate for 25 Years in Manahawkin

Manahawkin, New Jersey · Client since February 2026

Colin from Manahawkin, NJ has been a Green Sun Energy Services client since February of 2026. The array was completed on 9 March: 10 panels making 4.4 kW with Enphase IQ8PLUS microinverters, and an estimated 5,399 kilowatt hours in the first year – enough to cover the whole of the household’s usage. Atlantic City Electric interconnected it at the end of the month. This one is leased through LightReach rather than bought. The rate is $0.150 per kilowatt hour with a 0.0% escalator, which means it is fixed for the full 25-year term – the same price in 2051 as in 2026. Atlantic City Electric’s rate at the time of installation worked out at roughly $0.283 per kilowatt hour, and that figure has been climbing at about 3% a year, so the projected saving in the first year is around $718 and the gap widens as the utility rate rises against a lease rate that does not. The roof was stripped and replaced before the panels went on.

Project Facts

Location
Manahawkin, New Jersey
Service
Solar Panel Installation
Client since
February 2026
Panels
Hyundai Model # HiN-T440NF
System size
4.40 kW
Inverter
EnPhase IQ8PLUS-72-2-US
Mounting system
Pegasus
Estimated first-year production
5,399 kWh
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