Our new program is a game-changer that monetizes 15 years of SREC revenue to drastically cut the upfront cost for solar.
Lakewood, NJ (PRWEB) April 05, 2016
PowerLutions Solar, a leading solar company serving residential and commercial customers across New Jersey and New York, announced today the launch of its game-changing new “PowerLutions Solar Get Paid NOW SREC Prepay Program," which is designed to help customers save thousands of dollars -- and get priceless peace of mind -- on a new solar install project.
SRECs are a form of renewable energy certificate. For the first 15 years of a project’s lifespan, each time a solar installation generates 1,000 kilowatt-hours (kWh) of electricity, the owner reports the production and receives one SREC. SRECs can then be accumulated and sold at prevailing marketplace rates to buyers that need to offset their “dirty energy” production.
Now through the new PowerLutions Solar Get Paid NOW SREC Prepay Program, homeowners or business owners that hire PowerLutions Solar to install a solar energy system can pre-sell all 15 years’ worth of their SRECs to the company (the exact dollar amount is based on the system’s anticipated production). The result is dramatic up-front cost savings that, in many cases, makes the decision to “go solar” financially feasible instead of prohibitive.
Furthermore, customers do not assume any risk -- or experience any anxiety -- if their SRECs fall in value over time; a scenario that some experts believe is likely as more clean energy supply is produced in the years ahead rather than less. As advised on the New Jersey’s Clean Energy Program (NJCEP) website: “SRECs are traded in a competitive market, the price may vary significantly. The actual price of an SREC during a trading period can and will fluctuate depending on supply and demand.”
“Our new program is a game-changer that monetizes 15 years of SREC revenue to drastically cut the upfront cost for solar,” commented PowerLutions Solar’s VP Cy Yablonsky. “Plus, there is absolutely no administrative or clerical burden placed on our customers. They do not have to spend a second of their valuable time dealing with SRECs on a monthly basis, or worrying about price fluctuations and marketplace volatility.”
Participation in PowerLutions Solar’s new Get Paid NOW SREC Prepay Program is optional and free. Prospective residential and business customers, as well as solar companies looking for a quality-assured and customer-centric subcontracting partner, can learn more by visiting the company’s website at http://www.powerlutions.com, by calling (888) SUN-4-ENERGY or 732-987-3939, or by emailing info(at)powerlutions.com.
About PowerLutions Solar
Established in 2008, PowerLutions Solar designs and installs solar PV systems for residential and commercial customers, which are customized to maximize value and quality, while lowering energy costs. The company’s commitment to excellence is outlined by their principals; “Superior Service, Unabashed Honesty and Unequalled Value”. They are NABCEP Certified Commercial and Residential Solar Installers. Learn more at http://www.powerlutions.com.