What is Behind the Dramatic Shift in NJ Solar Incentives?

UPDATED: ON MARCH 9,2020 THE NEW JERSEY BOARD OF UTILITIES OPTED TO GO WITH THE FIXED RATE TREC PRICE OF $152(OPTION 1) FOR THE TRANSITIONAL RENEWABLE ENERGY CERTIFICATE PROGRAM. By no means could the New Jersey Solar Energy Market ever be called predictable. From the time the solar renewable energy certificate (SREC)  was introduced back in [...]

How Much Does a Solar Energy System Cost?

This is the #1 Question that Geoscape Solar gets asked in an initial phone call, web-chat, or e-mail. The simple answer might be: “Currently, the cost to convert to solar energy in New Jersey runs about $3.46 per kilowatt.” But what does that tell the property owner? Even if you know your annual electrical usage, [...]

Demand for Sustainable Features Shown to Increase Property Values

Recently, the National Association of Realtors , America's largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries, released the Realtors and Sustainability 2019 Report which found that consumers continue to look for eco-friendly features in a property and are willing to pay a [...]

Determining Eligibility for the Solar Investment Tax Credit

With the 30% Solar Federal Tax Credit (ITC) coming to an end in 2019, a great deal of material is currently being published about it. The ITC is one of many valuable incentives to consider when converting to solar energy and there are many questions about how the tax credit is applied and which line [...]

Why Should Commercial Property Owners Consider Going Solar?

There are many factors a business must consider when contemplating going solar. These range from bottom line savings, ability to finance, and the strategic advantages of marketing the business as a sustainable company. Braen Quarry in Franklin, NJ. A 3MW project which will pay for itself in 2 years. Dollars and $ense  - If [...]

Why Property Owners Need to Make a Solar Reservation

Any property owner who has looked into converting to solar energy most likely discovered that the 30% Solar Federal Tax Credit (ITC) ends on January 1, 2020.  This solar tax credit is remains available for solar installation costs for solar energy systems installed in 2019. This deadline might give property owners the false impression that they [...]

2019 is the Year of the PIGgy Bank

  2019 is The Chinese Zodiac Year of The Pig. Here at Geoscape Solar, we are calling it "The Year of The Piggy Bank." The year ahead is predicted to be crucial in terms of how we invest, how we save, and how sustainably we choose to live. After experiencing the volatility of the 2018 [...]

Does Solar Energy Work in Winter?

One of the first ways we know that Winter is around the corner is when we set our clocks back. This ritual is inevitably the start of shorter days and higher costs to heat your home. The best way to protect yourself from the rising costs of heating your property is by converting to Solar [...]

Why Go Solar in the State of New Jersey?

  Why Go Solar in the State of New Jersey? New Jersey saw the most dramatic solar growth last year, rising from 10th largest state by installed PV capacity to 5th while also entering the top 10 for solar job creation for the first time. A number of strong solar incentives in New Jersey make [...]

Why Your Choice of a Solar Installer Matters

Installing a solar energy system is a powerful way for property owners to control their bottom line. Whether that means revenue, disposable income or freeing up operating capital, the choice to go solar eliminates the challenge of budgeting based on unpredictable monthly utility bills. It is also an opportunity to strengthen the local economy and [...]

Go to Top