Trenton, NJ – Switching to solar power is a great way to save money and help the environment. Solar power is a clean and renewable source of energy, and it’s becoming more and more affordable as technology improves. As the cost of solar panels continues to fall, more people are switching to solar. Some states, like New Jersey, even offer programs that completely cover the cost of switching to solar, making it an even more attractive option. Moreover, financing options are available that make solar even more affordable by completely replacing utility bills with lower monthly payments. However, not all residents are aware of these programs, financing options, and the savings estimates associated with solar.
New Jersey Solar Initiative is an independent organization created to provide education and help spread awareness about solar power and make switching to solar as easy as possible. The initiative provides free solar assessments to residents, walking them through the details of available programs and financing options. Once a resident decides to switch to solar, the initiative offers no-cost quotes from pre-screened solar installers to help make the process as smooth as possible. By making this information easily accessible, the organization hopes to make switching to solar power a no-brainer for New Jersey residents.
There are a few programs that New Jersey Solar Initiative is particularly excited about as they offer 100% coverage of the costs associated with switching to solar. The most popular is a Power Purchase Agreement (PPA) with a utility or electric company. Under a PPA, the company installs solar panels on the client’s roof and sells them the electricity they produce at a fixed rate for a set period, after which the client owns the system outright. The program aims to make solar power more accessible to those who cannot afford the upfront cost of solar panels and installation.
In addition to helping people take advantage of the free solar panel installation programs, New Jersey Solar Initiative also provides information about the other financial benefits available for homeowners who choose solar energy. For example, the state of New Jersey offers a Property Tax Exemption for the value of solar systems installed on homes. Federal tax credits of 26% of the cost of the system are also available, and homeowners can sell Solar Renewable Energy Credits (SRECs) to offset the cost of their electricity. These benefits are precisely what the New Jersey Solar Initiative aims to make people aware of–the more people are informed about solar power, the more likely they are to switch and take advantage of these great programs and benefits.
New Jersey Solar Initiative is located at 247 E Front St, Trenton, NJ, 08611, US. To schedule a consultation, contact their team at (609) 566-8975. For more information regarding the services offered, follow New Jersey Solar Initiative.
New Jersey Solar Initiative
247 E Front St