“...consumers need to be cautious of installers that promise too-good-to-be-true offers,”
says Stephen A. Cox, President and CEO of the Council of Better Business Bureaus in a recent
Scam Alert
NOTHING IS FREE: Don't Get Scammed!A $0 down solar lease is not free.You will be responsible for making lease payments for 20 to 25 years… and in many cases the lease company will include an annual escalator that can increase your payments by up to 3.9% a year. $0 electricity supply for 24 months.This only covers the portion of your annual electric consumation that solar cannot power in your home. To participate, you will need to contract with the Lease Company’s third party electric supply division . Electric supply is a portion of your traditional electric bill. You will still be responsible for paying delivery charges to your local utility. $0 installationisn't all it’s cracked up to be. In many cases it means inferior equipment installed on your roof with little effort put into design or aesthetics. Remember, this out-of-state leasing (utility)company will own the equipment on your roof! They make money on the installation; take your 30% federal tax credit; all of your SREC profits; and depreciate your equipment at an accelerated rate...and they will charge you a monthly fee! The End Result:The leasing company makes about $3,780 a year. The homeowner saves about $468 in the 1st year. |
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Simplified Financing For Your Solar Purchase Or LeaseWe’ll work with you to determine if purchasing or leasing is the best fit for you and your family - But, we'll never offer you "FREE SOLAR"- because it doesn' exist! Not all solar leases are a bad deal. Our LeaseBase program enables us to install solar on your house for as little as $0 down followed by a small monthly payment that is typically 30% lower than your current electric bill. In most cases, our SolarBase (purchase) program enables you to own your system and save about two times more than leasing by financing through one of our lending partners. |
Ongoing Maintenance And Performance GuaranteeWhether you decide to buy or lease, we've got you covered. Depending on the program you select, you'll receive 15 to 25 years of monitoring, on-site maintenance, and an industry leading guarantee on the energy production of your system. All of our SolarBase clients also receive an annual inspection/panel cleaning and ongoing SREC management/brokerage services. |
How Is Green Sun Different?We only work in New Jersey, so we have the local knowledge, resources, processes and technology to outfit New Jersey homeowners with solar programs (not just installations) that deliver immediate and long-term savings. Our end-to-end service capabilities, aesthetically pleasing designs, and commitment to long-term customer relationships separates us from the crowd. |
