Flexible Solar Payment Options

Thanks to improvements in financing terms, manufacturing, technology and solar payment options, it’s now cheaper and easier than ever before to go green. No matter which option you choose the result will be clean energy for your home and more money in the bank for things you really care about. Each payment option is designed to give you with the most money possible from your solar panels while still paying for the system. Once everything is paid off your making 100% on all the solar energy you produce from your panels. Typically a solar power system is fully paid off by our customers in 5-10 years.

Lease

Get a low, fixed monthly solar payment with fixed costs and savings you can count on. Choose to prepay your lease in part, or in full for added savings. We cover installation, warranty and energy monitoring.

  • $0 down, full & partial prepay options
  • A solar energy lease works just like leasing a car.
  • You pay a monthly amount to lease your solar panels and use the solar energy they produce.
  • For most customers the lease payment and new utility bill is still lower than they were paying before going green.
  • The complete solar energy system is covered by our industry leading Go Green 25 year warranty.
  • If you sell your home the lease is easily transferred to the new owner.
  • Loan terms are adjustable just like a car lease.
  • Solar energy production is guaranteed.

Must be a qualified client.

Loan

Invest in the cost of your new solar power system and save over time. With $0 down payment, simply pay for your system every month with a low, fixed solar payment. We cover installation, warranty and energy monitoring. Any benefits from available tax credits go straight to you.

  • $0 down payment.
  • Works just like buying a car, boat or home with a bank loan.
  • Over time you pay off the loan with a low monthly solar payment.
  • For most customers the monthly loan payment and reduced utility bill is still less than they were paying before.
  • You keep all solar tax credits and any state and local incentives.
  • Most loans range between 5 – 20 years.
  • You can pay off your loan at any time with penalty.
  • Solar energy production is guaranteed.
  • Your entire system is covered by our industry leading Go Green 25 year warranty.

Must be a qualified client.

Purchase

Own the system and energy you produce. Buy the system outright and own all the solar energy you make from day one. We cover installation, warranty and energy monitoring. Any benefits from available tax credits go straight to you. NJ has the best net metering plan in the nation. This means your local utility pays you full value for every bit of solar energy you make over what you use. Read more about NJ Net Metering Here.

The fast and easy way to start making the most money possible from your new solar energy system is to buy it. A home equity loan can also be used to buy the system. For almost every customer we have, the loan payment on a home equity payment and their electric bill is still less than what they make each month with solar panels. This is because home equity loans are typically at a great interest rate and payback term which means low monthly payments.

  • Solar energy production is guaranteed.
  • The complete solar energy system is covered by our industry leading Go Green 25 year warranty.
  • If your planning on selling your home know that solar panels adds to the value of your house.

As if lower bills and helping the environment weren’t incentive enough.

Financial incentives, tax credits and rebates are available from NJ and the federal government. We stay on top of all the programs both State and Federal for you that promote solar energy. Contact us to schedule a free home solar energy meeting and your Hughes expert will make sure you don’t miss a thing.

NJ solar panels increase a homes value

Solar Panels Increase Your Home’s Value

The National Renewable Energy Lab offers a useful guide when determining how much your home’s value will go up. According to its research, each additional $1 in energy bill savings (from your solar panels) adds $20 to your home’s total value.

This rule of thumb varies depending on a number of factors, including:

  • The location of your home. Panels in active solar markets like NJ typically yield higher returns than solar panels in less developed markets.
  • The size of your system. Property value increases are directly proportional to the number (and quality) of solar panels installed. Hughes uses only the best panels and equipment on the market so you’ll receive the maximum increase in your home value from the panels.
  • The value of your home. Larger houses usually receive higher boosts in value.

The exact numbers vary from property to property and system to system, but recent research shows an average increase in resale value being $5,911 for each 1 kilowatt (kW) of solar installed. For example, a small 3.1-kilowatt (kW) system can add an average of $18,324 to the value of a medium-sized home. The property value advantages of solar energy only increase as you scale up. Installing 5kW of solar panels adds an average of $29,555 to the retail value of a medium-sized home. All this while using a low monthly solar payment means you’ll make money on your home value and profit each month from producing clean energy.

It’s important to note that these statistics only apply to today’s housing prices and utility rates. As electricity prices go up (as they most certainly will), the advantages of solar energy rise proportionally as well. Also solar payments are based on current interest rates.

In addition, installing solar panels not only helps you fetch a higher asking price, but it can also help your home sell 20% faster as properties without solar installations. For homeowners who want to reduce exposure, paperwork, and wait times, this can be a huge advantage – especially in today’s sluggish housing market.

Additional Benefits Of Going Green.

  • Solar panels in NJ has never been cheaper
  • Reduce your monthly electric bill
  • Earn money by making more power than you use each month with net metering
  • Shield yourself from energy rate increases which happen almost every year in NJ
  • Take advantage of rebates and federal tax credits
  • Gain freedom from your utility company
  • Increase the value of your home
  • Create local jobs in the energy market
  • Protect the environment
  • GUARANTEED production for over 25 years
  • Incredible ROI
  • Low monthly solar payment compared to the average monthly income from panels
  • And much, much more!

rising NJ energy costs vs nj solar energy chart

NJ solar energy is the smart way to buy solar power icon

SOLAR IS THE SMART WAY TO BUY POWER

Hughes has a passion for all things Green. Every day we help our NJ clients save off their monthly electric bill with clean energy systems, home batteries, home generators, and other green power equipment. We’ve built hundreds of residential and commercial solar power systems. We install only the latest in state-of-the-art equipment and photovoltaic technology. Our team consists of solar specialists, clean energy designers, engineers and North American Board of Certified Energy Practitioners (NABCEP).

Hughes makes it easy to go green with multiple solar payment options. If you’re like most people, you have questions about making the change. How much does it cost? How does it all work? How quickly will you see savings on your monthly power bill? We can answer many of your questions over the telephone, by email or at an on site meeting. Contact us and relax. Hughes entire team is committed to our customers clean energy future.

Save on your energy bills and be energy independent. Solar has finally become the smart choice for buying power.

Ready To Save Money With Solar?