Smart homeowners know solar offers an economical power source with clear environmental benefits, but the upfront cost of buying and installing a system keeps many from committing. Solar leasing offers a bright alternative to owning a solar PV system and allows you to lock in your electricity rates for years to come!
How does a solar lease work?
Right now, you receive all of your electricity from your utility company (JCP&L, PSEG, etc). Each month, your utility charges you for the electricity you use in the form of a monthly bill. When your utility company decides to raise their electricity rates, you have no choice but to pay more money. With a solar lease, a portion of your electricity comes from the solar PV system that we install on your roof.
With our $0 down solar lease program, Independent Solar purchases the equipment and installs your solar PV system with no upfront or out of pocket costs. Once the system is turned on, you lock in your electricity rates by paying a fixed, monthly bill for a guaranteed amount of power. And the best part – this bill is less than your previous monthly utility bill, enabling you to get save money from day one!
What are some benefits of solar leasing?
- Quick and easy access to solar power
- Turnkey solar design and installation
- Utility bill savings
- Power Production Guarantee
- Worry-free maintenance and monitoring
- Affordable payment options
- Insurance and system warranty
What are the differences between solar leasing and buying a solar PV system outright?
The below chart summarizes the major differences. When we meet to go over your free, no-obligation proposal, we’ll explain each of these factors to you in more detail so you can make an educated, informed decision on how you will go solar.
What’s the process of getting a solar lease in NJ?
Going solar with Independent Solar is easy!
I’m interested in this solar lease program but want to learn more. Where can I get some additional information?
Visit our downloads page to view our solar lease brochure, homeowner solar lease FAQ document and much more!