$2,400
100%
or more of electricity
$18,900
26.0%
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Green Power Energy and Panasonic are as good as it gets for NJ solar!
$2,400
100%
or more of electricity
$18,900
26.0%
Property
- Owner:
- Steve McHale
- Type:
- Residential
- Address:
- 27 S Portland Dr, Little Egg Harbor Twp, NJ 08087
- Size:
- 1,100 sq ft
- Energy need met:
- 100% or more of electricity
Technology
- Type:
- Solar PV
- Installed:
- October 2018
- Size of System:
- 9.425 kW
- Purposes:
- To generate electricity
Financial Details
- Gross Cost of System:
- $27,000
- Value of Tax Credits:
- $8,100
- Net Cost of System:
- $18,900
- Annual Savings:
- $2,400
- Annual Revenue:
- $2,520
- Own or Lease:
- Purchase with Loan
- Additional Financial Notes:
- Went with a "no fee" loan through Green Power Energy and Mosaic, it came with a higher interest rate but it allowed Green Power Energy to give me the best price possible so that I can pay the system off quickly.
Professionals & Suppliers
- Installers:
- Green Power Energy
- Financing:
- Mosaic
What You Need to Know
Description:
I went with Panasonic 325w panels paired with SolarEdge Power Optimizers. The equipment on my system is all warrantied for 25 years and it came with panel level monitoring through SolarEdge so that I always know how it is producing.
Maintenance Requirements:
None, Green Power Energy provided 20 years of labor/post install service and the equipment is all warrantied for 25 years.
My Motivation:
Solar in NJ is a no brainer. Between the SRECs, tax credit and electricity savings the numbers speak for themselves.
Experience with Installer:
Green Power Energy provided me the best equipment for an unbeatable price. They are ranked number 1 on EnergySage and their reviews are all on point and right in line with what I experienced myself. The install crew was polite, quick and clean and my system looks awesome!
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