PSE&G Endorsing Flawless Home Solar Power Installations

As a substitute to renting out solar power set ups, PSE&G is committed to help people possess their own solar power systems in New Jersey. PSE&G agenda is to outline utterly green ambiance by financing public who aspires to mount solar panels at their dwelling. Under this line up, up to 6 MW competence solar system installations are entitled for mortgage. At any point in time, production of 1MWH solar energy would dig up one solar renewable energy credit which is worth $475 or market value, either is more. With an interest rate of 6.5% for a decade plan, this loan scheme offered by PSE&G seems to be moving and rational since loan amount could also be compensated back effortlessly based on the SREC received.

Via TreeHugger


This entry was posted by author: Sheetal on Saturday, July 26th, 2008 at 1:19 am and is filed under Energy, Green, Solar | Tags: · , , , , , , , , You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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