People all over the country are focused on energy efficiency, saving on electricity bills and finding cost-effective solutions to climate change. Enter solar power in New Jersey, of all places. New Jersey, never really known for its sunshine, actually has the second highest rating for solar panel installations. New Jersey residents everywhere are reaping both the financial and environmental benefits of solar photovoltaic systems. Vadim Daynovsky, CEO and president of Green Essex Solar, works with a highly skilled team to harness the sun’s energy to affordably power your home.
Essex County NJ PV installation company, Green Essex Solar has the evidence to prove that Northern and Central New Jersey residents choosing to go solar receive substantial monetary benefits. Customers usually are able to recoup their entire investment within four years (i.e., 25% per year, or more than three times the average annualized rate of return of the stock market). For businesses, the return is closer to 2.5 years or less (a 40% annual return on your money). Thanks to recent Congressional legislation, businesses can depreciate, or write off, all of their net costs (plus half of the 30% federal tax credit) of going solar from their taxes–what’s known as “100% bonus depreciation”.
What is more, with all the energy savings, your electric bills may disappear altogether. Between solar’s proven increase of property value, various tax and green incentives and a manufacturer’s 25-year warranty on the solar panels, going solar will leave you with money in your pocket. All who do their homework see that going solar is perhaps the best investment possible in the Garden State.
When you purchase an Essex County NJ solar panel system, you automatically become entitled to a government tax credit of 30% of the total cost, which you generally receive as soon as you file your taxes. Moreover, the state of New Jersey reduces your financial burden of going solar by allowing every solar home to receive Solar Renewable Energy Credits (SRECs). These credits can then be sold to utilities, ultimately earning you money. In New Jersey, SRECs are valued significantly higher (over $600 per SREC as of this writing) than in other states, resulting in a large revenue stream to every solar property owner each year that the solar panels are in operation. Right from the start, the economic incentives are evident.
Finding the best PV installer in Northern and Central New Jersey is the next step toward solar success. Green Essex Solar’s main installer is a NABCEP-certified PV installer with over 300 systems (both residential and commercial) under his belt. With their clear presentations and careful explanation of the benefits and potential pitfalls, Green Essex Solar’s full service guarantee assures a safe, easy and profitable transition for you and your family.