PSEG Solar Loan Opens Up 4/03/2017

For homeowners and businesses in central and northern New Jersey located int he PSEG utility territory the PSEG Solar Loan Program opens up for its latest solicitation April 3rd.

The PSEG loan program provides an upfront payment for Solar Renewable Energy Credits generated by solar systems in New Jersey which can effectively provide 40%-60% of project cost to be repaid by SREC sales over time.

We regard this as a great opportunity for individuals whom would like to reduce the upfront cost of solar for their homes

 

Here is the video from the utility describing the procedure.

For any questions do not hesitate to reach out to us.

 

 

Buying commercial Solar in 80 seconds | New Jersey

Sunpower has created a great video that quickly explains how solar works on residential and commercial buildings in New Jersey.  With a strong SREC market, New Jersey remains one of the best states to employe solar for your home or business.

 

 

 

Commercial solar is hands down the way to go for a cap-ex improvement for your business.  

NJ State and Federal Incentives Include

  • 30% Federal Tax Credit
  • 50% Bonus Depreciation
  • 5 Year MACRS Depreciaton
  • Solar Renewable Energy Credits for Income