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Pennsylvania

Green Power Energy has been installing solar in Pennsylvania since 2009.

With our corporate headquarters located just 20 miles from the Delaware River, providing Eastern Pennsylvania with quality solar options has always been principal to our business.

Every year more and more homeowners are making the switch to solar in PA. The state offers an SREC program which issues credits worth cash for the energy produced by a system. When coupled with the Federal Income Tax Credit (ITC) and net metering, a solar project in Pennsylvania has short return on investment can even provide savings on a $0 down solar program.
“It’s been great, no regrets. It was a large purchase. You’re always a little nervous when you are putting out that much money, but after the first year I’m sure it was the right choice.”

Available Purchase Offerings in Pennsylvania:

Cash Purchase, $0 Down Solar Loan, $0 Down Solar Lease.

Available Products in Pennsylvania:

Solar PV Installation, Home Battery Installation, EV Charging Installation

Pennsylvania Solar Incentives

Solar Renewable Energy Certificates (SRECS)

SREC stands for Solar Renewable Energy Certificate. An SREC is a sellable certificate that represents all the clean energy benefits of the electricity generated by a solar electric system. Each time a solar electric system generates 1,000 kilowatt-hours of electricity, an SREC is issued which then can be sold for cash. A grid-connected solar electricity system in Pennsylvania is eligible to collect SRECs on all energy produced by the system for a 15-year period. The price of an SREC can fluctuate based on the spot market price. As of February 2022, the PA SREC is trading at $40.

Net Metering

Net Metering is a billing mechanism which allows grid- tied solar producers to put electricity that they do not use from their solar array back into the grid. When the solar produces more power than the site needs, the utility meter spins backwards, and the account holder will have a credit against future energy use. The solar producer is then billed for their total “net” usage at the end of the month, which is the balance between the power pulled from the grid and the power put back into the grid.

Federal Solar Tax Credit (ITC)

The Solar Investment Tax Credit (ITC) is a dollar-for-dollar federal tax credit which reduces a person or business’ tax liability based on the amount they have invested in a solar energy project. The residential and commercial ITC are both worth 26% of a solar project’s cost though 2022. For example, a $10,000 solar electricity system will be eligible for a $2,600 federal tax credit. Customers that purchase or finance their system through a solar loan are eligible for this incentive.

Get Started Today

Let’s talk about potential solar opportunities. We offer free, no obligation quotes to get you started on your solar journey.

If you’d like to talk with us outside of getting a quote then please reach out to us using our contact page.

News

We would like to share this knowledge with you to illustrate what we offer and how it can impact you. Both by lower monthly bills and helping reduce impacts to the environment.

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@ 2022 GREEN POWER ENERGY (844) 584-0008
47 East Street Annandale, NJ 08801

42 Ozick Dr, Suite 3, Durham, CT 06422

NJ HIC #13VH05559800

NJ ELC #34EB01151200

PA HIC #PA128259
CT HIC #0656622
CT ELC.0205319-E1