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Solar Rebate Program - NJN News Environment Report

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Uploaded by on Apr 13, 2009

A state program that helps homeowners pay for installing solar panels is in heavy demand, despite the weak economy.

For more news and events in and around New Jersey, visit NJN's website at http://www.njn.net

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  • You were taken for a ride for two reasons,

    First of all, you will not get any of your money back.

    Secondly, You will not get your money back because you will not save money. In two or three years you will be paying the same price for eletricity before solar thanks to rising utility rates.

    The Utility Companies are installing their own solar arrays, and rates still continue to increase. You need to go 100% solar or nothing to get back the investment.

  • Where is the savings when you factor the thousands you spent on the system?

    You must also consider the rising utility rates. For instance, we now use all CFL and LED lighting throughout our home, but despite making this change we are now paying more for electricity than we were before changing the lights. The utility companies will not stop raising the cost of electric and in a few years your bill could be the same again.

    Plus the Utilities are building their own solar systems see FL.

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