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:

What to Read Next:

Saskatoon Light and Power proposes $3.5 million solar power plant

In a fit to build up its solar power capacity, Saskatoon Light & Power is looking to add clean energy...

Mandatory state policies work best to curb power plant emissions, study finds

Nature Climate Change published the analysis, which shows that policies with mandatory compliance are associated with the largest reductions in...

FortWhyte Alive launches Winnipeg’s largest solar facility

FortWhyte Alive is now home to Winnipeg’s largest solar power plant. The 60kW solar farm, installed on a 640-acre nature...

Sono Motors unveils its solar-powered car

After a successful crowdfunding, SONO MOTORS has finally revealed what could be the very first solar-powered electric car to hit...

India’s solar ambitions face the risk of a bubble

The recent auction to build the 500-megawatt Bhadla solar park in Rajasthan was one of the lowest prices for solar...