There has never been a better time to convert to solar!
Founded in 2009, we are an owner-operated company committed to delivering a first-class experience to our customers through their journey to cleaner, price-protected electricity generated by the sun.
Lower Your Energy Costs
Due to federal and state incentives, qualified homeowners can lower their monthly electric bill with solar energy for no money out-of-pocket. With incentives expiring at the end of 2019, it literally pays to act now!
Building a Better Tomorrow
Renewable energy is proven to reduce carbon emissions from harmful fossil fuels. Switching to solar helps produce cleaner air today while building a better tomorrow for future generations. Every solar system can make a difference — start a movement to solarize your community!
Solar incentive options available to homeowners
Solar Tax Credits
A solar tax credit is an amount of money that taxpayers can subtract from the taxes they owe to the government. Tax credits are claimed when you file taxes from the previous year. If you made a solar investment that was approved by the government in that previous year, you would be able to deduct that amount when you file your taxes with the government. All products that are eligible for tax credits for residential energy efficiency are labeled with an Energy Star certification.
Solar Renewable Energy Certificates (SRECs)
The Solar Renewable Energy Credit (SREC) allows you to earn (and sell) energy credits for every kilowatt-hour your system produces. SRECs are just like RECs, but specific to electricity that comes from solar panels. A homeowner will earn one SREC every time one megawatt-hour (or 1000 kilowatt-hours) of clean, renewable solar energy is produced by their solar panel system.
Solar rebates work differently than tax credits by getting cash back into your hands more quickly after you switch to solar. While there are no federal rebates for energy efficient purchases at this time, many state governments, local governments, and utility companies offer cash rebates for the purchase of energy-efficient products. Some manufacturers offer specials and sales that make it easier to power your home with clean, renewable energy.
Net energy metering, also known as NEM or net metering for short, is a special billing arrangement, between you and your electric utility company, that provides credit to customers with a solar power system for the full retail rate of the electricity their system generates. With a net metering program, your utility credits you for any energy your solar system produces that you don’t use – your meter will spin backward and build a “bank” of those credits. If you use more energy than your solar system produces, you pay the utility for that energy.
Solar Rebates and Incentives by State
In addition to the great federal solar incentives, many states offer additional tax credit and rebates. There are currently several states with rebates and incentive programs that you can receive to help you pay for your new solar system. Furthermore, there are various programs that will help you offset the cost of your solar energy system and the cost of making your house greener. For the most up-to-date list of all energy incentives for your state, visit the Database of State Incentives for Renewables and Efficiency.
Frequently Asked Questions
Simply put—no. When you sign a solar agreement with Momentum Solar, our no money down policy means zero up-front costs. During the free consultation, we’ll outline precisely what you can expect to get from our relationship. And with no initial investment on your part, you’ll be able to see immediate savings once your solar system is activated. You won’t even have to purchase insurance coverage—we take care of that too.
No need to worry if your panels need fixing. An iron-clad product warranty and worry-free maintenance are built into your solar agreement. We’ll keep your system functioning optimally and will monitor it to detect and resolve any issues that may arise.
When you go solar, there will be times that your system isn’t generating quite enough power—like after sunset. The majority of solar customers remain connected to the electric grid for easy access to power after dark.
The reason for a 20 or 25-year term is to keep your rate per kWh as low as possible. Your solar savings are either locked in or predictable so that you can enjoy peace of mind for years to come.
The good news is that when your solar panels produce more power than your home can use, the excess electricity is automatically sent back into the grid. The meter actually spins backwards, building a ‘bank’ of credits with your utility company. The process is referred to as “net metering,” and is another financial perk of home solar.
For the safety of workers that are fixing power outages, it is a utility regulation for solar power systems to shut off during blackouts if there is a connection to the grid.
If you sell your home, you can transfer your solar service agreement to the new homeowner. It’s easy and offers electricity savings, which is a great selling point when your home is on the market. The Momentum Solar Customer Experience team will walk you through the entire process, but it’s important that you contact us by email at firstname.lastname@example.org or by phone at 732.902.6224, as soon as you decide to sell your home. We have a 100% success rate with transferring our leases, and even teach a course to realtors on how to sell a solar home.
Your solar agreement includes complimentary maintenance and monitoring so that we can identify issues and fix them accordingly. We also offer real-time monitoring software to all of our customers that will allow you to track your energy usage from your smartphone or computer, so you’ll know if you are not producing as much as you should be.