What is the Solar Loan Program for Businesses?

The Smart Way to Finance Solar

PSE&G's Solar Loan Program lets you repay your solar panel installation loan with the energy you generate.

What are the benefits to going solar with PSE&G's Solar Loan Program for Businesses?

Enjoy a fast return on your investment

Going solar means you potentially save thousands of dollars per year on energy—ask your solar contractor for an estimate

Get started with minimal out-of-pocket costs

When you finance through PSE&G, you can repay your Solar Loan using Solar Renewable Energy Credits (SRECs). SRECs are credits earned from producing clean energy. In New Jersey, these credits are issued as tradable certificates.

Pay less in taxes

Your company could be eligible for a business energy investment tax credit of 30%

Guaranteed value

PSE&G guarantees a minimum value for your SRECs, so you won't need to worry about price fluctuations

Business-friendly loan terms

All Solar Loans for Businesses have a repayment period of 10 years, with a set interest rate of 11.179%