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New Jersey Solar Leases – Scaring Home Buyers

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For many potential home buyers, 'a solar lease is a liability rather than an asset, and may drive some people away', said Adomatis, who wrote the Residential Green Valuation Tool, a guide offered by the Appraisal Institute trade group.

NOTHING IS FREE

Take A Quick Look At The Numbers

  1. Since the leasing company will own the equipment on your roof, FannieMae will not allow you to include the solar panels in the value of your home.
  2. Solar lease may not add value to your house. In fact, it can devalue your house. In general, people who own rooftop solar enjoy an added value to their home but not with the leases. Buyers shy away from them because they straight out don’t like the deal or simply do not understand it. 
  3. In many cases 'free solar' equates to inferior equipment installed on your roof with little effort put into design or aesthetics.
  4. Solar leasing companies can make upwards of $75,000 from every NJ homeowner that signs up for one of their 'free solar' programs. Check out this news article
  5. The leasing company makes money on the installation; takes your 30% federal tax credit; all of your SREC profits; depreciates your equipment at an accelerated rate; and they will charge you a monthly fee for your solar energy --- that can increase by up to 2.9% a year!

The End Result: 

The leasing company typically makes about $3,780 a year.

The average homeowner only saves between $39 and $79 a month.

Making The Switch To Inexpensive Solar Power - Buy it don't lease it!

With Green Sun at your side, switching to clean and inexpensive solar power has never been easier. We’ll work with you to determine the best Solar Program for you and your family.

Locally owned and operated, we implement fully managed solar programs (not just solar panel installations) that deliver immediate and long-term savings.

Our local experts, superior equipment, aesthetically pleasing designs, money-back guarantee, and commitment to long-term customer relationships separates us from the competition.

How Much Can Solar Save Me?

Top 10 Benefits of Owning Solar Panels In New Jersey

The following benefits are being enjoyed by our clients:
  1. 30% Federal Investment Tax Credit.
  2. 15-Years of SREC-II income from New Jersey's Clean Energy Program.
  3. Clean & inexpensive solar electricity for 25+ years.
  4. Increased property value without increasing your property taxes.
  5. No large upfront cost required with our $99 down financing programs or receive an extra discount for paying cash.
  6. Start saving in the very first when you select one of our low-interest solar loans featuring 5, 10, 15, 20 or 25-year terms.
  7. Hassle free maintenance because we manage & maintain everything for you.
  8. Simple to sell your home if you decide to move.
  9. No long-term solar lease or solar PPA commitments.
  10. You will typically save two times more than a leased system - starting in the very first year.

Why Green Sun Energy Services?

  • We are focused on developing long-term relationships with each of our clients.  You will see this start during the initial consultation and continue through the design, installation and ongoing service & support. We'll work with you to determine the most astatically pleasing and productive solar design using a combination of Tier-1 products that meet your specific requirements.  Next, we work with you to determine the best possible payment and financing options.  We have dozens of financing options available across multiple lenders, so you can rest assured that we can find a solution what works best for you and your family.  
  • Once your system is installed, we turn our attention to maximizing your energy production and financial returns. Therefore, all of our SolarBase™ Programs include your choice of 10, 15, or 25-years of the following post-installation services:
  1. Fleet Managed Remote Solar System Monitoring 
  2. Maintenance & Support
  3. Money Back Solar Energy Production Guarantee
Call us at 732-410-7818 or complete the form below to speak with one of our New Jersey-based Solar Energy Consultants.

Rest assured, we value your privacy! We will never sell or share your personal information!

Solar Programs & Financing Comparison

With Green Sun at your side, switching to clean and inexpensive solar power has never been easier. We’ll work with you to determine the best solar ownership option for you and your family. [ninja_tables id="18915"] *Estimated returns based on a 9.75 kW DC PV Solar system oriented 160 degrees from north with 5% shade. SREC values are estimated at a 10-year gross average settlement price of $166 each. Energy prices start at the fully delivered rate of $0.145 per kWh and increase at the rate of 4.0% a year. Program assumptions and pricing are subject to change without notice. ** 5, 10, 12, 15, & 20-year fixed rate solar loans are available.

NJ Electric Rates Set to Rise 17-20% on June 1, 2025—Go Solar Before Time Runs Out! Read More.

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