Costs and savings of solar for New Jersey homeowners

There are ways for New Jersey homeowners to avoid increased electric power rates and save money on their electricity bills, by installing solar panels.


Just like most U.S states in the Northeast portion of the country, utility rates are always on the rise year after year, and the state of New Jersey is no different. Homeowners are always exposed to these rate hikes mostly during the summer and winter months. The utilities justify these increases as necessary to help maintain and build on service reliability and customer improvements.

New Jersey has four major electric utilities providing electricity delivery service and default generation service. The utility companies manage and control the delivery portion of electricity in the state and should not be expected to provide the lowest possible electric rates.

----
To continue reading this article, please click here to subscribe as a PRO for the complete pvbuzz media experience and to help support our efforts. Become a pvbuzz pro today for CAD $24.99/YEAR and access premium content anytime, anywhere, and on any device. For a limited time only, get 20% off for one year by using the Promo/Coupon Code GET20SUBSCRIBE at checkout.

If you already have a pvbuzz pro account, you can log-in to your account below:

More Stories From Around the Web:

What to Read Next:

Canada needs to boost its solar potential

Last year confirmed what many within the renewable energy sector have known: Renewable energy, specifically solar, is growing at an...

Game-changer breakthrough for organic solar cells

In an advance that could push cheap, ubiquitous solar power closer to reality, University of Michigan researchers have found a...

Is a diverse workforce the way forward for solar?

The Solar Foundation’s 2017 U.S. Solar Industry Diversity Study was released last month, causing a stir among solar workers and...

DOE discovery could lead to better batteries

A collaboration led by scientists at the U.S. Department of Energy's (DOE) Brookhaven National Laboratory has observed an unexpected phenomenon...

How do extreme weather conditions affect solar efficiency?

North America is experiencing one of its coldest spells in recent years, with temperatures dropping to -20F(-29C). And the temperatures...