Public Service Enterprise Group (PSE&G)
PSE&G’s Solar Loan Program can help make solar ownership affordable for qualified PSE&G electric customers by financing a major portion of their solar system and providing a unique repayment option.
The loan can be re-paid with cash or by using Solar Renewable Energy Certificates (SRECs) with a minimum floor price for each credit guaranteed by PSE&G. With this guarantee, solar loan customers can be assured that the SRECs generated by their system will have a substantial value for the life of the loan.
By taking advantage of the Solar Loan Program PSE&G customers might find out-of-pocket costs to install a solar system to be surprisingly low and the time needed to re-coup their investment to be shorter than expected.