By Michoel Fine
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Solar, in the Long term and short term, makes sense.
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SRECs deliver high returns but programs are available for long-term stability.
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Create your own electricity.
The Taub Family live by the phrase �The Early Bird gets the worm.� �As an early adopter of solar, the Taubs have been producing their own electricity since towards the end of 2011.� The worm, in this case, has really paid off for them, as they have produced over $8,000 worth of electricity during that period.
Due to the incentives and the programs they enrolled in through PowerLutions Solar, a leading NABCEP certified Solar Installation Company based in Lakewood, New Jersey, they broke even a couple of years ago.
Incentives and programs change but solar has made �cents� for several years now. ��As the market has matured, the finance and lease options have really matured along with them,� Cy Yablonsky, Vice President of PowerLutions Solar, said.
�The Taubs came in early and took advantage of the incentives and programs we had at the time,� Yablonsky continued, �but the Solar Industry is a constantly evolving industry and the different mechanisms to put solar on your roof also changes.� We have been very successful at navigating the available options for our customers to deliver maximum value.� With so many ways to spend money it�s nice to have a way to save a substantial amount of money on a continual basis.�
Although electricity is the obvious benefit of solar energy, there are other incentives like tax credits and SRECs.� SRECs, or Solar Renewable Energy Certificates, are New Jersey’s mechanism to incentivize solar in the State.� It can �be a very lucrative incentive.� Every 1,000 kWh of electricity, that a New Jersey solar system produces, earns one certificate.� These certificates can be sold, usually through third party SREC brokers, to energy producers who are required to produce clean energy. ��They are able to use these SRECs in lieu of producing their own clean energy.� Every solar PV system produces 15 years of SRECs.� New York State is rebate-based.
SREC prices fluctuate over time but PowerLutions Solar has different ways to stabilize the value paid to the customer over the ENTIRE 15 years.� Through their leasing program; the leasing company takes the value of the SRECs to give a very low price on the lease.� Through the finance program; the finance company gives a set value, that does NOT fluctuate, over the entire 15 years.� Additionally, PowerLutions is able to deliver a 15 year value with a cash purchase.
PowerLutions Solar has been especially adept to customizing the best solution for each specific customer in New Jersey and New York.� There are still worms out there for the picking, bon appetit!
PowerLutions Solar Contacts:
PHONE: 888-SUN-4-ENERGY or 732-987-3939
EMAIL: [email protected]
TEXT/SMS: 609-831-2125
WEB: www.PowerLutions.com
