Know The Facts Before You Sign
First and foremost, New Jersey's Clean Energy Program does not offer free solar panel installations. All current NJBPU sponsored Solar incentive programs can be found at www.NJCleanEnergy.com/renewable-energ.
That said, here are some common pitfalls associated with solar leasing:
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- 20+ Year Financial Commitment: Solar leases often lock you into long-term contracts, extending over two decades. It's essential to carefully consider the commitment and potential financial implications.
- Potential for Increased Costs: Beware of annual payment escalators typically found in leases. These escalators, often around 2.9% per year, can lead to cumulative costs exceeding your old electric bill over a short period of time.
- Transferability Issues: Selling a home with a leased solar system can be tricky. Buyers may be hesitant to assume the lease or may request changes that complicate the process.
- Limited Financial Incentives: Leasing will exclude you from federal tax credits, state rebates, and solar renewable energy credits (SRECs) that are typically available to solar owners.
- Limited Control and No Ownership: Leasing means you won't own the solar equipment on your roof. Lack of ownership restricts your control over system modifications and decisions.
- System Performance and Maintenance: As a lessee, you depend on the leasing company for system maintenance. Ensure the lease includes provisions for regular upkeep and monitoring to optimize performance.
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Know The Facts Before You Sign
First and foremost, New Jersey's Clean Energy Program does not offer free solar panel installations. All current NJBPU sponsored Solar incentive programs can be found at www.NJCleanEnergy.com/renewable-energ.
That said, here are some common pitfalls associated with solar leasing:
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- 20+ Year Financial Commitment
- Potential for Annual Cost Increases
- Transferability Issues
- Limited Financial Incentives
- No Ownership of the Panels Bolted to Your Roof
- System Performance and Maintenance
Going Solar Made Easy with Green Sun Energy Services
At Green Sun Energy Services, we believe in empowering our customers. Before committing to a lease, consider exploring the many benefits of solar ownership.
As a locally owned and operated company, our team will work closely with you to determine the best Solar Program that suits your needs and preferences. Plus, we go beyond just solar panel installations. Our fully managed solar programs are designed to provide you with immediate and long-term savings, ensuring a seamless transition to solar power.
The Green Sun Difference
When it comes to going solar, you can trust the experts at Green Sun Energy Services. We make the process simple, affordable, and stress-free. Take control of your energy future and enjoy the benefits of clean, inexpensive solar power.
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- Local Experts: Our team consists of knowledgeable and experienced solar energy experts who are well-versed in the latest industry trends and technologies. We are dedicated to delivering the highest standard of service.
- Superior Equipment: We only work with top-quality solar equipment and technology, ensuring optimal performance and maximum energy efficiency for your system.
- Aesthetically Pleasing Designs: We understand that the visual appeal of your solar system matters. Our designs blend seamlessly with your property, enhancing its aesthetics while harnessing the power of the sun.
- Dozens of Financing & Payment Options: We work with three specialty banks offering low interest loans terms from five-years to twenty-five-years.
- Money-Back Guarantee: We are confident in the quality of our work and guarantee your satisfaction. If your system doesn't produce 90% our contracted estimate, we'll write you a check!
- Commitment to Long-Term Customer Relationships: Building lasting relationships with our customers is at the core of what we do. We are here to support you throughout your solar journey and beyond, providing ongoing maintenance and support.
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Going Solar Made Easy with Green Sun Energy
At Green Sun Energy Services, we believe in empowering our customers. Before committing to a lease, consider exploring the many benefits of solar ownership.
As a locally owned and operated company, our team will work closely with you to determine the best Solar Program that suits your needs and preferences. Plus, we go beyond just solar panel installations. Our fully managed solar programs are designed to provide you with immediate and long-term savings, ensuring a seamless transition to solar power.
The Green Sun Difference
When it comes to going solar, you can trust the experts at Green Sun Energy Services. We make the process simple, affordable, and stress-free. Take control of your energy future and enjoy the benefits of clean, inexpensive solar power.
-
- Local Experts
- Dozens of Financing & Payment Options
- Superior Equipment
- Aesthetically Pleasing Designs
- Money-Back Guarantee
- Commitment to Long-Term Customer Relationships
Green Sun Energy is a Class A outfit. I did my research before taking the plunge, and nothing else even compared. They are detail oriented and do an excellent job (I am VERY picky). No complaints. Executed as promised. Job done right. Highly recommend. - Bruno M. from Oceanport, NJ. Solar Review Source: Google