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December 15, 2016

Solar Leases Are an Affordable Way to Go Solar

Woman with solar panels

Solar leasing programs are opening the door for homeowners who want to take advantage of energy savings without the large upfront financial investment. Instead of paying for the purchase of a solar system, you pay a fixed monthly amount to install solar panels and use the electricity they generate.

There are many advantages to leasing solar panels:

Affordability. You pay nothing upfront and then a low, fixed monthly fee once your system is activated.House with solar panels

Convenience. You don’t own the equipment, so you don’t have to worry about installation costs, maintenance or repairs.

Clean energy savings. As a New Jersey homeowner, you’re always looking for ways to save, especially since the state has some of the highest electricity costs in the nation. Adding solar to your home is a wise financial strategy that can greatly reduce your monthly electricity bills for years to come– all while your system is generating clean, reliable power for your home.

Home value. Recent research by Lawrence Berkeley National Laboratory indicates that buyers are often willing to pay more for homes with rooftop solar panels.1

Going solar is easy! NJR Home Services will take care of everything, including system design, installation, paperwork, permits and inspections. Purchase plans are also available. For a limited time, when you sign up for a solar lease with NJR Home Services, you’ll save even more!2 With energy savings and no lease payments for the first six months, now is the perfect time to go solar! Call 732-938-7892 or visit njrhomeservices.com/solar for your free, no obligation solar evaluation.

1Source:  Hoen, B., Adomatis, S., Jackson, T., Graff-Zivin, J., Thayer, M., Klise, G., & Wiser, R. (2015). Selling Into the sun: Price Premium Analysis of a Multi-State Dataset of Solar Homes.  Based on an analysis of homes with and without solar systems in 8 states from 1999 through 2013.  Actual impact on home values will vary. For more information, visit https://emp.lbl.gov/sites/all/files/selling-into-the-sun-newhomes-factsheet.pdf.

2*NJR Home Services (NJRHS) will provide eligible solar lease customers with check equaling the amount of the first six months lease payments up to $1,000 if customer qualifies for the lease and the lease is signed with NJRHS between January 15 and March 31, 2017. Check not to exceed $1,000 and will be paid after system installation is completed by NJRHS. The check will not be issued if for any reason customer cancels or terminates the lease prior to system installation. Not valid on prior leases (i.e.,any lease signed before January 15, 2017). Cannot be combined with any other rebates, offers or promotions. Limit one check per eligible customer. Customers are subject to the terms and conditions of the solar lease as set forth by NJRHS.