Solar Panels

Fast Facts

1. Your solar system will generate annual income of 3X the amount of your electrical bill for the next 15 years, in addition to the free electricity if designed to match the yearly electric usage.


2. You are not allowed to generate more electricity than you use annually. Designed correctly, your electric bills will annually average out to $0.00.


3. Financing 75% of the cost will enable you to receive 100% of your cash investment back within TWO YEARS.


4. The total Return on Investment will be 4-5 years, with Solar Renewable Energy Credits (SRECâ..s) income of approximately 3X your electric bill for 15 years, and electric bill savings for the systemâ..s lifetime.

Fast Specs

1. You will receive a 30% Federal Grant for all money invested in a solar installation.


2. Accelerated depreciation for solar installation; 60% 1st year, 16% 2nd year, 9.6% 3rd year, 5.76% 4th-5th years, and 2.88% 6th year.


3. On average at todayâ..s rates, installed solar panels will cost 20X your annual electric bill factoring in the Federal Grant. Your annual income will be 4X your annual electric bill.


4. The size of the roof area needed for your solar system will be about 2/3 of your annual electric bill â.. in square feet. For example, if your electric bill costs $100,000/year, you will need 66,000 SF of roof area to generate enough electricity to cover your yearly bill.


5. The income is generated by eliminating your electricity costs and NJ provided publicly traded Solar Renewable Energy Credits (SRECâ..s) earned for each 1,000kwh generated annually. Currently they are trading at $660.00 each, but should average out to $500.00 each over 15 years. Utility companies doing business in NJ are forced to buy these â.. or pay fines. To find out more about this, or visit our incentives page for links to various informative websites.