RENEWABLE ENERGY NEWS – CLEANTECH NEWS – ENVIRONMENTAL TECHNOLOGY NEWS ESSENTIAL INTELLIGENCE FOR INVESTORS, INNOVATORS & DEAL-MAKERS
25 January 2010
Solar design and installation company Geoscape Solar has announced the statewide availability of New Jersey’s first residential solar energy leasing programme.
Geoscape Solar said its new leasing programme was created to avoid upfront costs associated with buying a system and offers homeowners an affordable way to go solar, save money and make a positive impact on the environment.
The company estimates that an average solar energy system will save homeowners more than $10,000 over the 15-year lease period, with the solar lease providing financing.
‘The benefits of solar energy sell themselves,’ said Jeffrey Chavkin, president and co-founder, Geoscape Solar. ‘What customers need are clear and concise explanations of these benefits, financing to take advantage of them and help getting through the maze of government paperwork.’
Geoscape Solar builds on more than 60 years of banking, investment and solar experience to create the region’s first residential lease programme and a range of creative commercial financing options.
‘Right now, amid our troubled economy, New Jersey and the federal government have created the most attractive solar investment opportunity ever,’ said Michael Boches, CEO and co-founder, Geoscape Solar. ‘The state has the fastest growing market for solar in the US and offers the best financial incentives in the country for switching to solar energy. Our research finds that homeowners want to make the switch to solar, but the high upfront costs have created a barrier. By offering the first residential lease and commercial financing options, we are making it simple and affordable for more families and businesses to achieve the benefits of solar power.’
Geoscape Solar is a solar design and installation company focused on providing the region’s first residential solar lease programme and creative financing solutions for businesses, and also offers SREC aggregation and trading services.
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