Free solar in new jersey the term free solar panels is typically used to advertise solar lease or solar power purchase agreements ppas.
Info on free solar panels.
Free solar panels refer to two types of solar financing options.
But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa.
These offers entice people with a no cost way to go solar.
If you have solar panels don t for heaven s sake think this locks you into your energy provider so you can t get cheaper bills join the mse cheap energy club to stick on permanently low prices.
A recent study found that solar panels are viewed as upgrades just like a renovated kitchen or a finished basement and home buyers across the country have been willing to pay a premium of about 15 000 for a home with an average sized solar array.
But wait that s not all not only can you get solar panels installed for free you also get dramatically reduced monthly electricity bills with fixed rates for as long as 25 years.
You can actually get solar panels installed on your home at absolutely no charge to you.
Additionally there is evidence homes with solar panels sell faster than those without.
But wait that s not all the free solar panels installed on your home are warrantied monitored and maintained by your solar service provider again at no charge to you for as long as 25 years.
You will pay for the electricity that they produce usually under a 20 to 25 year solar lease or power purchase agreement ppa.
Solar leases and solar ppas with a solar lease or solar ppa you do not own the solar panels on your roof instead you make monthly payments to a solar company for the energy the panels produce.