Financing

In addition to the incentives listed below, PurHarvest has relationships with lenders that specialize in solar energy loans. Contact us today for more information.

State Rebates and Tax Credits

• Many states provide generous rebates based on the size of the electrical production of
  the solar system.

• State rebates can cover 20% - 35% of the cost of a solar electric system.

• Solar systems are exempt from state sales tax.

Solar Renewable Energy Certificates (SRECs) in New Jersey

• Awarded by the state to producers of renewable energy.

• The monthly or quarterly sale of solar energy certificates provides solar system owners
  with immediate income.

• Sale of these certificates help pay down the cost of the solar system.

• REIP Rebates
  Rebate of $1.00/watt up to 50KW. Will soon drop to  $0.90/watt.

• SRECs
   Production premium structured as a tradable market commodity. Currently trading at up
   to $0.68/KWH.

• JCP&L, ACE, and RECO
   Competitive solicitations for long-term (10-15 year) contracts for SRECs on a semi-annual basis.

 

Purharvest can offer our commercial accounts several options for financing a solar energy purchase.

• Multiple Corporate Financing Options

• Finance the Installed System

• Power Purchase Agreement

 Contact us at 732-886-5300 for a FREE site specific evaluation and analysis!