US Solargy, Inc. introduces Solar Saver PPA

March 18, 2010 - PRLog -- Iselin, N.J. – New Jersey residents, businesses, governments and nonprofit organizations can now take advantage of the environmental and cost benefits of solar energy without a credit check or capital costs under US Solargy, Inc.’s new Solar Saver Power Purchase Agreement (PPA).

“We understand the need for families and businesses to save immediately in these challenging economic times, and our new Solar Saver PPA enables everyone in New Jersey to save money for their families and businesses while helping to preserve the environment,” US Solargy, Inc. CEO David Wei said.

“The Solar Saver PPA removes most financial hurdles, making it easy and affordable to go solar,” Mr. Wei said. “We can provide solar energy without maintenance costs, capital investment or even a credit check to anyone who wants to make this decision, which will help their finances and the environment.”

Instead of purchasing an entire solar photovoltaic system, which requires expensive maintenance and repairs, US Solargy, Inc. customers pay only a small connection fee upfront* and then just 15 cents per kilowatt hour or 20% less than their current electricity rates, whichever provides the greatest savings for the customer**.

The Solar Saver PPA includes professional design and installation by the company’s fully licensed, insured and experienced installers, as well as full-system maintenance, warranty and monitoring by the company’s expert staff.

Like its older sibling, the No Credit Check PPA, the Solar Saver PPA maintains its popular No Credit Check feature, making this an easy decision for consumers.

US Solargy, Inc. also guarantees that rates will not increase by more than 3.5% per year compared with the average of 6.5% annual increases that New Jersey consumers have experienced over the last 25 years.

With US Solargy, Inc.’s Solar Saver PPA, a typical monthly electricity bill is reduced by at least 20%, but savings can be greater.

* Connection fee depends upon the solar photovoltaic system size. Solar Saver PPA is offered to residential customers for systems of 10 kW or less and nonresidential customers for systems of 50 kW or less.
** 15 cents per kWh is the first year initial cost with 3.5% annual escalation.  Minimum 20% less than current electric rates based on average of previous twelve months electric bills.

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US Solargy is an innovative solar energy company with a "One-Stop Solar Energy Solution" that offers solar panels, solar installations, solar financing programs and solar consultations, for government, nonprofit, commercial and residential customers.