Leasing residential solar system in NJ
When leasing a residential solar system in NJ, each plan is unique to the situation, and a free solar system becomes reality. It is in this area that Arosa Energy’s financial analysts stand apart, working to devise a plan that will offer optimum financing and low rates on electricity. Leasing residential solar system in NJ has numerous benefits.
No capital is required.
- No capital is required.
- A solar system lease is the most common arrangement in residential solar power in NJ because it is great for those who are not eligible for, or can not use the tax credits that help alleviate the cost of purchasing a solar system.
- The most common way to obtain an residential solar system in NJ is through a Power Purchase Agreement, or PPA. Designed to accommodate the financial situation of the lessee, the PPA enables New Jersey residents to benefit from solar power without purchasing the system. Arosa Energy installs the system in the home, and a third party investor sells the homeowner the electricity generated at a fixed, low rate. Arosa Energy absorbs any maintenance costs or risks, and when the PPA is up, the homeowner has the option of renewing the PPA or purchasing the system.