Sunday, April 18, 2010

How Solar Leasing Can Put Free Solar Panels on Your Roof


In the 4 years since we've started this blog, we've covered several exciting developments in solar technology that have made it more efficient and accessible to homeowners. Yesterday, at Essex County's Earth Day fair we checked out Milburn based Geoscape Solar's intriguing new concept. It's goal is to dramatically expand solar's accessibility and affordability to millions of homeowners. Geoscape Solar’s new leasing program requires no upfront payment - consumers only pay a monthly fee that is lower than the utility cost of the electricity produced by the solar system. The leasing program was created offer homeowners an affordable way to go solar, save money and make a positive impact on the environment. At the Earth Day exhibit, I keyed in my home address and saw my rooftop clearly displayed on Geoscape's computer screen. Calculating the size, pitch and exposure of our roof, our home may be worth considering for a lease arrangement. The catch? Geoscape gets the profits from selling your solar energy back to PSE&G. In return you save 25% off your electricity bills.

Solar energy systems are an investment in one’s home or business – one that provides immediate and ongoing benefits in energy savings and cash income, creating a better environment for families and communities. The company estimates that an average system will save homeowners more than $10,000 over the 15-year lease period. Studies show that the value of your home increases $20 for every $1 per year saved on electricity. Panels will actually extend the life of a roof since they protect it from the elements.

13 comments:

  1. Your blog is very informative indeed. Maybe I'll try this Solar leasing you are talking about but I still got some questions to ask? Will it be okay if I ask something?

    ReplyDelete
  2. Your blog is very informative indeed. Maybe I'll try this Solar leasing you are talking about but I still got some questions to ask? Will it be okay if I ask somethings regarding to solar panels?

    ReplyDelete
  3. Kelly201011:21 PM

    Use of renewable energy has depicted in form of solar devices like solar panels, solar water heaters, solar cookers, solar calculators etc. These small devices using which solar power be harnessed. You also set up solar electricity at home instead of electricity from government. For this just need roof to install solar panel.


    solar panels

    ReplyDelete
  4. Thanks for this information. I'd like to think I'm pretty clued up on solar energy but I hadn't come across this. I've been fortunate enough to find some really affordable home solar panels through stockists on Less Lettuce, which I've managed to get hold of and waiting to install after the Winter period/

    ReplyDelete
  5. Informative Post..Solar energy systems are an investment in one’s home or business – one that provides immediate and ongoing benefits in energy savings and cash income...For more details visit solar power..

    ReplyDelete
  6. If you install a solar panel in your house, you are tapping into this massive source of free energy, and slashing your fuel bills. There are also great environmental benefits to solar energy, as it produces no pollution.

    ReplyDelete
  7. I know solar Panel is very important.solar panel can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications.It seems Google is showing more interest in investing solar related
    Projects
    .

    ReplyDelete
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  13. Solar energy has come down in price drastically and is becoming more popular. Leasing and power purchase agreements are the hot topic (in states that allow them). However, you will always have a higher return on investment on a grid-interactive solar electricity system when you purchase it outright. Even obtaining a low interest loan, like a home equity loan, will provide a far better return on investment. When leasing or entering a power purchase agreement, you may have low out of pocket costs, but you will still pay for your energy - the money will just go to a bank instead of your utility company. You may save money in future years, but the investment return pales in comparison to owning your system.

    ReplyDelete