Solar Panels Nj Pseg

Residential customers are eligible for 10 year loans that can be repaid with cash or using solar renewable energy certificates srecs.

Solar panels nj pseg. If your new lender determines that a subordination agreement is necessary please contact jacob skaist with the solar loan team at 973 430 3703 to receive a copy of our standard subordination agreement for your lender s review and signature. Pse g has set aside millions of dollars to help finance the installation of solar power systems for residents businesses and organizations throughout our electric service area. First there will be times when you ll need power from the electric system like on a cloudy day or when there s snow covering your solar panels. The pse g solar 4 all program is developing 158 megawatts mw of solar capacity that will generate enough energy to power about 25 000 new jersey homes.

Most solar photovoltaic pv systems in new jersey are connected to the local utility s electric system. Pse g views the solar panels and related equipment as personal property and not fixtures. Solar 4 all facilities are directly connected to the grid which provides many benefits to all pse g electric customers and new jersey residents. Pse g offers a program help make owning solar panels affordable.

Pse g solar loan program is available to nj residents. The program called the solar loan program finances a large part of the customer s solar system and gives the customer a payment plan.