New Jersey’s Solar Solution
May 8, 2008
New exciting energy saving opportunity for New Jersey!
As electric cost continueto rise, you will find that New jersey has taken a very aggressive step in promoting clean solutions to reduce electric demand.
Federal aand State credits and incentives provide a perfect opportunity and takes a significant step in controlling future electric costs as well as providing a ROI that finally makes sense.
Currently New jersey recieves 1.6% of their energy from clean energy sources. With the demand for electric increasing at a rate of 1.5% a year, New Jersey has committed to increasing renewable energy sources to 22.5% by the year 2020.
Why, you may ask?
With the growing demand for electric, New Jersey faces the issue of brown outs in their future.
How do you think the public would react to that?
The Solution……
Harness the Sun’s Energy….
Going Solar!
. Below is an outline of the steps recently taken that makes this investment desirable.
- Federal Government provides 30% tax credit.
- PSEG will be paying SREC’s (Solar Renewable Energy Certificate) each time a solar electric system generates 1000kwh of electricity.
- Your electric bill will be decreased by the value of the electric you are generating.
- Full 7% State Sales Tax Exemption
- Federal Guidelines allow for 5 year accelerated Depreciation of basis.
- Low interest loans available thru PSEG
Hutchinson Business Solutions has formed a strategic partnership with BP Solar, a world leader in providing solar solutions. They are the only company that has been making solar panels longer than their warranty (30 years).
They offer a full 25-year warranty on the equipment and a full 10-year warranty on the installation.
Solar …..The New Sexy
To learn more about the new solar incentives in New Jersey contact george@hbsadvantage.com
The Future of Energy is Now!