Pse G Solar Loan Iii Program

Program established by pse g and approved by utility regulator as a means of encouraging solar development in nj since 2008 more than 1 100 pse g customers have financed over 85mw of solar on homes and businesses in nj solar loan iii was approved in 2013 to.
Pse g solar loan iii program. Pse g should also be notified if insurance coverage is canceled or changed in any material way. Pse g solar loan iii program. Pse g solar loan program. Borrowers should provide pse g with a certificate of insurance annually as proof that adequate coverage is in place.
Pse g has set aside millions of dollars to help finance the installation of solar power systems for residents businesses and organizations throughout our electric service area. The loan can be repaid with cash or solar renewable energy certificates srecs which are valued at the higher of a predetermined floor price or the market price. It is expected that the solar loan iii program will issue 100 million in loans with certain costs to be recouped by pse g through the regional greenhouse gas initiative rggi recovery charge rrc on all pse g new jersey electricity customer accounts. Pse g encourages gas customers to test gas heating systems now.
Pse g makes it affordable to go solar pse g s solar loan program helps qualified business and residential customers finance a significant portion of their solar energy system costs. The pse g solar loan iii program will cover 45 the federal government will cover another 30 with a tax credit and you net out of pocket is just 25. Dear applicant the following is a basic tutorial in order to make data entry into our application web portal as seamless as possible. Under solar 4 all pseg g will invest 515 million in 80 mw of solar projects by the end of 2013.
Pse g to reimburse customers for food and medicines spoiled during tropical storm isaias. Solar loan iii filing 07 31 12. And that means you may be eligible for a loan from pse g that can help finance 40 60 of your qualified solar power installation. Residential program segment.
Does the word loan worry you don t let it. Closed and committed loan report 07 27 12 notice of intent to participate in an extended edc srec program. Applicant web portal tutorial. 80 park plaza t 8.
Pse g s solar 4 all in july 2009 pse g received approval for their solar 4 all program. Pse g is prepared to respond to hurricane laura.