Question 1

What is a Solar PPA in New Jersey?

Accepted Answer

A Solar Power Purchase Agreement (PPA) is a $0-down financing structure where a certified solar developer designs, permits, installs, and maintains photovoltaic panels on your New Jersey home at zero hardware cost. You simply purchase the generated clean electricity at a guaranteed rate substantially lower than your current utility supply tariff.

Question 2

Do I have to buy the solar panels under a PPA?

Accepted Answer

No. The third-party solar provider retains hardware ownership, 24/7 telemetry monitoring, insurance, and maintenance responsibilities over the 20 to 25 year term.

Frequently Asked Questions About New Jersey Solar PPAs

What is a Solar PPA in New Jersey?