The Solar Electricity - Return on Investment


An investment in a solar electric system is solid in New Jersey. The return on investment comes back to you in four basic forms.  Together they account for significant reductions or elimination in regular monthly costs, and include a tax credit, a cash rebate and fifteen years worth of SRECs to be sold back to the electric utilities. These items are outlined below:

 

1. Reduced electric bill

A solar system can reduce your bill by 50-100%, depending on the size of the system and your usage.   ...learn more about Energy Costs with Solar


2. Federal Tax Credit

30 percent of out of pocket cost  ...learn more about Federal Renewable Energy Tax Credits

 

3. SRECs or Solar Renewable Energy Certificates

SRECs are a key component of a solar investment. They are granted to grid connected solar electric system owners for each kilo watt hour of solar electricity that is generated. From your account, they are indirectly sold to electric utilities in NJ.   ...learn more about SRECs

After auditing your roof, we will be able to calculate exactly how much money you will be earning. Just email or call us at 732-384-9506.

 

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