Financing Your Solar Installation with PSE&G

The Smart Way to Finance Solar

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

What are the benefits of financing your residential solar energy system with PSE&G's Solar Loan Program?

Enjoy a fast return on your investment

Going solar means you can potentially save hundreds 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

You could be eligible for a tax credit of up to 30%.

Guaranteed value

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

Easy loan terms

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

Frequently Asked Questions