Tuesday, October 5, 2010

New Jersey Residents Can Earn Actual Ca$h if They Go Solar

by dotcommodity

SunRun_New_Jersey

Did you know that now you can put solar on your roof in New Jersey, and earn actual cash  for 15 years for doing so? Even though you'll also get to use that clean power you make  - because you can stop paying electric utility bills (that average 17 cents a kWh in the state) yet simultaneously: your solar home actually earns money for producing electricity, too. You get to have your cake and eat it too.

The money you can earn comes through legislation akin to the remarkable Feed-in Tariffs that shot Germany and  Spain to solar leadership. You earn the money for sending clean sunshine power to the grid with Solar Renewable Energy Credits (SRECs)that utilities have to buy.

The money you can make can be staggering. As much as $100,000 over 15 years.



continued at Daily Kos....