Momentum Solar
Your Numbers
kWh per year — CT average ~8,500
$
per kWh
$
per month — what utility would charge for same kWh
% increase per year
$
per kWh
% increase per year
Payment Trend
Year-by-Year Breakdown
YearUtility
Monthly		Solar Monthly
(before EPP)		Solar Monthly
(EPP)		Yearly
Savings
Your 25-Year Summary
💡

If You Do Nothing

$0
Total utility payments over 25 years
📈

Savings (before EPP)

$0
💰

Savings With EPP Pricing

$0
💡 What is Efficient Partner Pricing (EPP)? ▼
Save Even More

Efficient Partner Pricing (EPP) rewards homeowners who help us operate efficiently. It's the same idea insurance companies use with non-smoker discounts — people who cost less to serve get better rates.

Here's how it works for you:

  • You set aside time to go through all the information and upgrade to solar in one visit
  • That saves us from making a second trip to your home
  • Each home we don't have to revisit lets us help one additional homeowner that month
  • We pass those efficiency savings back to you as a lower monthly rate

To lock in your EPP rate today, we just need three things:

  • ✅ Sign the agreement — get your solar journey started right now
  • ✅ Schedule your Engineering Visit — we send a specialist to finalize your custom system design
  • ✅ Set up autopay — enroll in automatic bank draft (ACH) to waive the monthly billing fee and lock in your lowest rate

It's a win-win. You get a better price today, and we get to help more families switch to solar. That's why the EPP rate you see above is lower than our standard pricing.

📄 Your Solar Lease — What You're Signing Up For

▼
1. Who Is This Agreement Between? ▼

This agreement is between you (the homeowner) and IGS Solar, LLC (the company that owns and maintains the solar system).

IGS Solar leases the equipment to you. You pay a monthly amount to use the system and keep the power it generates. IGS handles installation, insurance, repairs, and monitoring for the full 25 years.

All obligations start on the "Transaction Date" listed on your agreement — that's the day you sign.

2. How Long Is This Agreement? ▼

This is a 25-year lease — 300 months total. Think of it like leasing a car, but for solar panels.

The clock starts on the first day of the month right after your system gets turned on and connected to the grid. We call that the "Interconnection Date." Every year after that is a "Contract Year."

What this means for you: You're locking in your solar rate for 25 years. No renegotiating, no surprises. After 25 years, you choose what happens next — renew, buy the system, or let us remove it for free.

3. Your Monthly Payment ▼

You pay one fixed monthly amount for using the solar system. That's it. No equipment costs, no installation fees, no maintenance bills.

When you sign up, you'll set up automatic payment by credit card, debit card, or bank transfer (ACH). If you set up auto-pay through your bank (ACH), we usually waive the small monthly billing fee — so it's basically free to pay.

You'll get an email invoice every month. If a payment bounces, there's a standard returned-check fee (same as any other bill). If you're late, the fee is 1.5% per month on the past-due amount.

Sales tax may apply to your monthly payment, just like it does on your utility bill. That's normal.

Bottom line: Set it and forget it. One predictable payment. No utility bill roller coaster.

4. What Each Side Handles ▼

What IGS handles (so you don't have to):

  • Installation and construction start to finish
  • A revenue-grade meter that tracks every kilowatt-hour your system produces
  • Insurance on the system against damage or loss
  • All repairs if something breaks
  • No lien on your house — your home title stays clean. We may file a simple equipment notice (like a car loan notice) just to show we own the panels, but that's it

What we ask from you:

  • Keep trees and bushes trimmed so they don't shade the panels
  • Don't clean or modify the system yourself — call us if something looks off
  • Tell us ASAP if you see damage or something missing
  • Sign permit and inspection paperwork within 7 days when we send it
  • Keep your internet on — the monitoring system needs a connection to track performance. We can use your WiFi or install a cellular gateway
  • Get HOA approval if your neighborhood requires it
  • Don't use the system to heat a pool or hot tub
  • Share utility bills when we ask — helps us verify your savings

Roof work: If you're getting a new roof or doing construction that affects the panels, give us 30 days' notice. We'll coordinate removal and reinstallation. You keep paying your lease during any brief downtime.

Access: We need to get on your roof occasionally for maintenance or monitoring. We'll always try to give you reasonable notice. Access continues for 90 days after the lease ends, just in case we need to remove the system.

Bottom line: IGS handles the technical stuff. You handle basic homeowner stuff. Fair trade.

5. Before We Install ▼

Before installation day, we do our homework:

  • Engineering site audit to make sure your roof is solid
  • Final system design customized for your home
  • Real estate due diligence
  • All city permits, zoning, and building approvals
  • We claim any available rebates and renewable energy credits

You just need to return any paperwork we send you and get HOA approval if it applies.

If for some reason your roof can't support solar or the city won't approve it, we can cancel the agreement — but that's rare and protects both of us.

6. Changes to This Agreement ▼

The only way this agreement changes is if both of us sign a written amendment. No handshake deals, no verbal promises. We can fix utility paperwork to match the lease terms, but nothing changes your rate or your obligations without your signature.

7. Your Warranties ▼

Your protection comes from two documents:

  • The Limited Warranty (Exhibit 2) — covers defects, workmanship, and materials for 25 years
  • The Production Guarantee (Exhibit 3) — makes sure your system performs

Those two documents cover everything that matters. IGS doesn't make promises beyond what's in those exhibits — but honestly, they cover all the important stuff.

8. Can IGS Sell This Lease to Someone Else? ▼

Your lease may be transferred to a qualified financing partner — just like your mortgage gets sold to another bank. This is standard for solar leases.

Your rate, your terms, your warranty — nothing changes for you. The new company takes over the backend, and the old company is off the hook. Same as when your mortgage gets sold.

9. Who Owns the Equipment? ▼

IGS owns the panels, inverters, and equipment. It's considered personal property — like a leased car, not a built-in appliance. It doesn't become part of your house.

You can't let anyone put a lien on the equipment. If a contractor you hire separately tries to file a lien on the panels, you have 30 days to clear it.

Bottom line: You get all the benefits of solar without the headaches of ownership.

10. Who Owns the Power? ▼

You do. Every kilowatt-hour that hits your roof is yours. That's what you're paying for — the power, not the hardware.

11. Tax Credits & Incentives ▼

Since IGS owns the equipment, we claim the federal tax credits, state rebates, and renewable energy credits (SRECs). That's how we can offer you such a low monthly rate. We take the tax benefits on the front end, you take the savings on the back end. Win-win.

You'll need to sign some utility paperwork so we can process the incentives, but that's standard and takes two minutes.

Bottom line: The tax credits are baked into your low monthly payment. You're already getting the benefit — just in the form of savings instead of a tax form.

12. Can You Buy the System Later? Yes. ▼

Starting at year 5, you can buy the system outright if you want. The price is based on whichever is more fair:

  • Your remaining payments at a discount: All remaining lease payments, discounted at 5% per year. Basically "pay off the lease early at a discount."
  • What the system is actually worth: An independent appraiser figures out the fair market value. IGS pays for the appraisal.

If you buy it, you get any remaining manufacturer warranties and a bill of sale. From that day on, you're responsible for maintenance and repairs — just like you own it.

Bottom line: You have an exit ramp. Most people don't buy because the lease savings are already great, but the option is there if your situation changes.

13. What If You Sell Your House? ▼

You have three easy options. Most buyers love taking over a solar lease because it means lower electric bills from day one.

Option 1: Transfer the lease. Give us 30 days' notice, we run a quick credit check on the buyer. If they qualify, they take over the payments. This is the most common route — buyers see solar as a selling point.

Option 2: Prepay the lease. Pay off the remaining payments in a lump sum. The new owner pays nothing but still gets the solar power. Great for cash buyers.

Option 3: Buy the system (only if you're past year 5) and include it in the home sale. Now the buyer owns the panels free and clear.

Bottom line: Solar doesn't trap you in your house. It's a selling point. And if none of these work, talk to us — we want to help, not punish.

14. What Happens After Year 25? ▼

About 3 months before your lease ends, we mail you renewal forms. You have three choices:

  • Renew — sign the forms and keep going
  • Decline — sign the forms saying you're done, and the lease ends
  • Do nothing — your lease continues year-to-year at the same low rate, and you can stop anytime with 30 days' notice

If you don't renew or buy, we can remove the system for free at a time that works for you. Or we may transfer ownership to you as-is at no charge, and the system becomes yours to keep.

Bottom line: No cliff at year 25. You have options, and if you want out, we clean up after ourselves.

15. System Removal ▼

If you don't renew or buy after 25 years, we can remove the system for free and schedule it at your convenience. We'll take the panels off, seal the roof penetrations, and leave your roof as close to original as possible.

Or we may transfer ownership to you as-is at no charge, and the system becomes yours to keep.

16. Storms, Damage & Insurance ▼

Unless you intentionally damage the panels or are grossly negligent, IGS covers everything — hail, wind, fire, theft, you name it.

Your lease payment stays the same during repairs, but remember — you're still getting power from the grid, so your lights stay on while we fix the system. The repair is on us, not you.

Bottom line: Sleep easy. A tree falls on your roof? Not your wallet. Lightning strikes an inverter? We replace it.

17. Liability Limits ▼

If something goes wrong, IGS is only on the hook for direct damages — not lost profits, emotional distress, or other indirect stuff. Your liability to IGS is capped at what you'd owe under the default section.

Standard lease language. Every contract has it.

18. When Would This Go Bad? ▼

You're in default if:

  • You miss a payment and it's 30+ days late
  • You break a major rule and don't fix it within 14 days of us notifying you
  • You alter the system without permission
  • You give us false info on the application
  • You try to sell or transfer the lease without our okay
  • You go into bankruptcy or foreclosure

Bottom line: Pay your bill, don't mess with the equipment, and be honest. Do that, and you'll never think about this section. 99% of customers don't.

19. What Happens If Things Go South? ▼

This is the worst-case scenario section. If you default, we can try to fix the situation, take the system back, ask for the remaining value, or report it to credit bureaus.

This almost never happens because most people just pay their bill and enjoy the savings. If you're struggling, call us before you miss a payment — we'd rather work with you than against you.

20. Credit Check ▼

We run your credit when you apply. We report your payment history to credit bureaus.

Pay on time, build credit. Miss payments, it can hurt — just like any other bill. Standard stuff.

21. Photos of Your System ▼

We might take pictures of the panels on your roof for our website or marketing materials. Your name, address, and personal details stay private.

Your house might be a solar model home. No big deal.

22. Waivers ▼

If we don't enforce a rule one time, that doesn't mean we can't enforce it later. Standard contract language.

23. Legal Stuff ▼

This agreement follows the laws of your state. If there's a dispute, it gets handled in your local courts. No jury trials, no class actions — just straightforward resolution.

Standard legal boilerplate. Every contract has it.

24. Notices ▼

Important stuff has to be in writing — email, mail, or hand delivery. No "he said, she said."

25. The Whole Deal ▼

This document is the whole deal. No side agreements unless both of us sign them. If a court says one part doesn't work, the rest still stands.

26. Your Right to Cancel — 7-Day Safety Net ▼

You have 7 business days to change your mind. Zero cost. Zero hassle.

Sleep on it. Talk to your spouse. Google us. If you're not 100% in, cancel within a week and it's like it never happened. We'll refund any payments within 10 business days.

To cancel, just send a written notice to:

IGS Solar, LLC
6100 Emerald Parkway
Dublin, Ohio 43016
Email: SolarSupport@igs.com

Before You Sign ▼

By signing, you're saying:

  • "I've read this agreement and I understand it's legally binding"
  • "I know utility rates change over time, so savings can vary month to month — but over 25 years, the math is strongly in my favor"

Don't sign if there are blank spaces. Everything should be filled in before you put pen to paper.

Bottom line: You're making an informed decision. No pressure, no rush. You have 7 days to back out. Let me make sure every blank is filled and every question is answered before you sign.

Your 25-Year Warranty ▼

System Warranty: Professional install, free from defects in workmanship and materials for 25 years under normal use.

Roof Warranty: All roof penetrations are watertight for 5 years. If we put a hole in your roof, we seal it right.

Operation: The system will operate within manufacturer specs. If not, we repair or replace defective parts and restore operation.

Monitoring: Free monitoring for the full 25 years (unless you buy the system). We watch your production remotely. If something's off, we know before you do and we fix it.

Claims: Email SolarSupport@igs.com, call 888.974.0114, or mail overnight to 6100 Emerald Parkway, Dublin, OH 43016 — ATTN: IGS Residential Solar.

What's NOT covered: Damage you cause, unauthorized repairs, new tree growth shading the panels, or failures not caused by a system defect. Acts of God (hurricanes, earthquakes) — but remember, IGS still insures the system against those.

Bottom line: You're covered for 25 years. If the system breaks, underperforms, or leaks — we handle it. That's the whole point of leasing instead of buying.

NJ Solar Savings Calculator 2026 – PSE&G, JCP&L & ACE | Solar by Omar

NJ Solar Savings Calculator 2026 —
PSE&G, JCP&L & ACE

Enter your monthly electric bill and kWh usage. The calculator instantly shows your effective cost per kWh (your total bill divided by how many kWh you used — the real all-in rate including delivery, supply, and every fee), your monthly solar savings from day one, and your 25-year total savings projection.

Updated for 2026 NJ utility rates. Works for all three major NJ utilities — PSE&G, JCP&L, and Atlantic City Electric.

📅 Updated April 2026 ⚡ PSE&G · JCP&L · ACE ☀️ Solar by Omar · NJ

How to use this calculator

  1. Select your utility — PSE&G, JCP&L, or ACE. This sets a typical starting bill based on NJ’s post-2025 rate increases.
  2. Enter your monthly kWh used — find this on your bill, usually labeled “Total kWh” or “Energy Used.”
  3. Enter your monthly electric bill — electric only, not gas. The calculator will show your effective all-in rate (bill ÷ kWh).
  4. Enter your solar rate — Solar by Omar’s current NJ lease rate is approximately $0.16–$0.18/kWh fixed for 25 years.
  5. See your results instantly — month-one savings, year-one savings, and 25-year total.

☀ NJ SOLAR SAVINGS CALCULATOR

Solar by Omar · Serving New Jersey Homeowners · Updated 2026

⚡ YOUR NJ UTILITY

Select Your Utility Provider
Monthly kWh Used From your bill
kWh
📊 NJ avg: ~693 kWh/mo (EIA 2023) Please enter a valid kWh amount.
Monthly Electric Bill Electric only, not gas
$
Your effective rate: $0.2900/kWh
? Your all-in blended rate = total monthly bill ÷ monthly kWh. This is the real number — it includes supply, delivery, taxes, and every fee. PSE&G’s “Price to Compare” only covers supply (~$0.17/kWh), but your actual all-in bill is ~$0.29/kWh.
Please enter a valid bill amount.
Utility Annual Increase
? NJ utility rates have increased 3–5%/year historically. Post the 2025 BPU-approved 17–20% hikes, 4–5% is a conservative ongoing estimate.
Hist. avg ~3–5%/yr
%/yr

☀ YOUR SOLAR RATE

Solar Rate Per kWh Locked-in rate
$
Solar rate seems higher than your utility rate — double-check.
Solar Annual Escalator Usually 0% fixed
%/yr
System Offset
? What % of your usage the solar system covers. Most NJ installs target 90–100% offset. Some utility export rules cap this.
95%
↑ Drag to adjust — most NJ systems: 90–100%

💰 YOUR SAVINGS ANALYSIS

⚠️ Your solar rate appears to be higher than your current utility rate. Check your inputs — solar should almost always be lower.
Utility Rate

$0.0000

Solar Rate

$0.0000

You Save Per kWh

$0.0000

Month 1 Savings
$0
You save from Day 1
Year 1 Annual Savings
$0
vs. staying on the grid

📈 PROJECTED MONTHLY BILL

Timeline Grid (Est.) Solar
Today — Year 1 $0 $0
Year 10 $0 $0
Year 25 $0 $0

25-YEAR TOTAL SAVINGS

vs. staying on the grid at current rates

$0
⚡ Lock In Your Rate — Get a Free Custom Solar Design
🌿
NJ SuSI TREC Bonus — Not Included Above

New Jersey’s SuSI program pays solar homeowners $85.90 per MWh generated for 15 years — on top of your energy savings. A typical NJ system earns an additional $815–$1,000/year in TREC income. This calculator shows your bill savings only; add ~$68–$83/month extra on top.

Your monthly solar payment stays flat. Their bill keeps climbing.
☀ Check My NJ Solar Eligibility — Free Custom Quote
Sources & Assumptions: Utility rates shown are estimated all-in blended rates (total bill ÷ kWh used), including supply, delivery, taxes, and all fees. PSE&G ~$0.29/kWh and ACE ~$0.29/kWh based on post-June 2025 rate increases. JCP&L ~$0.32/kWh reflects BPU-approved increases effective June 2025. These differ from supply-only “Price to Compare” rates shown on bills. Annual escalator default 4%/yr. TREC/SuSI rate: $85.90/MWh (NJ BPU ADI program, 2026). This calculator provides estimates only and does not constitute a financial guarantee.

Understanding Your NJ Solar Savings Calculation

The most important number in this calculator — and the one most NJ homeowners don’t know — is their effective cost per kWh. This is calculated by dividing your total monthly electric bill by how many kilowatt-hours you used that month. It’s the only rate that matters for solar savings math.

Why does this differ from what you see on your bill? Your utility statement typically shows a “Price to Compare” or “Basic Generation Service” rate — this covers supply only, around $0.17/kWh for PSE&G. But your bill also includes delivery charges, transmission fees, SBC charges, taxes, and other line items. When all of those are added together and divided by your kWh used, PSE&G customers are paying approximately $0.29/kWh all-in — over 70% higher than the supply rate alone.

Solar savings are calculated against your effective all-in rate — not the supply rate. That’s why the math is so compelling in 2026.

2026 NJ Utility Rates — What You’re Actually Paying

Following the BPU-approved rate increases in 2025, all three major NJ utilities saw significant all-in rate increases. Here’s the current landscape:

Utility All-In Blended Rate Avg Monthly Bill (650 kWh) Net Metering Credit Value
PSE&G ~$0.29/kWh ~$189/mo $0.29 per kWh exported
JCP&L ~$0.32/kWh ~$208/mo $0.32 per kWh exported
ACE (Atlantic City Electric) ~$0.29/kWh ~$189/mo $0.29 per kWh exported

These rates are estimates based on post-2025 increase data. Your exact effective rate depends on your specific usage — which is why the calculator asks for both your bill and your kWh. Two homes on the same street with different usage patterns will have slightly different effective rates.

What This Calculator Doesn’t Include — NJ SuSI TREC Income

This calculator shows your direct bill savings — the difference between what you’d pay on the grid vs. what you pay on solar. It does not include NJ SuSI TREC income, which is an additional payment on top of your energy savings.

The NJ SuSI program pays solar homeowners $85.90 per megawatt-hour generated, guaranteed for 15 years. On a typical 8kW NJ system that adds approximately $815–$875/year in direct income — about $68–$73/month — paid quarterly to your account. Add this to whatever the calculator shows for a complete picture of your total solar financial benefit.

How to Read Your NJ Electric Bill for This Calculator

Finding your monthly kWh used

Look for a line labeled “Total kWh,” “Energy Used,” “kWh Consumed,” or “Usage.” It’s usually near the top of the bill or in the usage history section. For PSE&G bills it’s on the first page. For JCP&L it’s in the “Electric Service” section. For ACE it’s labeled “Total kWh Used.”

Finding your monthly bill amount

Use your total electric bill amount — the number you actually pay. If you have a combined gas and electric bill, look for the electric subtotal only. Don’t include gas charges in your solar savings calculation.

What the effective rate means

Once you enter both numbers, the calculator shows your effective cost per kWh — bill divided by kWh. This is your real solar savings opportunity. If your effective rate is $0.29/kWh and solar costs $0.16/kWh, you save $0.13 on every kilowatt-hour your panels produce. Multiply that by 10,000+ kWh per year and that’s where the big savings number comes from.

NJ Solar Calculator — Frequently Asked Questions

The calculator uses your actual bill and kWh data to compute your effective all-in rate — which is more accurate than using preset utility rates. The 25-year projection assumes a constant utility escalation rate (default 4%/yr) and a fixed solar rate — both are reasonable estimates but actual results will vary. The calculator is designed to give you an honest ballpark, not a guarantee. For exact numbers on your specific home including roof orientation and grid status, get a free custom analysis from Solar by Omar.
Your effective cost per kWh is your total monthly electric bill divided by how many kWh you used that month. It’s the all-in rate including every charge on your bill — supply, delivery, transmission, SBC, taxes, and fees. This is the number that actually leaves your bank account per kWh of electricity. It’s typically 60–80% higher than the “Price to Compare” supply rate shown on your bill. Solar savings are calculated against this effective rate — which is why they look so much better than utility marketing materials suggest.
The solar rate is the locked-in per-kWh rate on your solar lease or PPA agreement. Solar by Omar’s current NJ lease rate is approximately $0.16–$0.18/kWh, fixed for 25 years with 0% escalator. This is substantially below the $0.29–$0.32/kWh you’re currently paying PSE&G, JCP&L, or ACE. If you don’t have a specific rate yet, $0.16–$0.17 is a reasonable starting estimate for a Solar by Omar NJ lease proposal.
Your bill shows a “Price to Compare” or supply rate of around $0.17/kWh — this covers electricity generation only. But your actual bill also includes delivery charges, transmission charges, societal benefits charges, taxes, and fees. When you add all of those up and divide by your kWh used, the real all-in rate for PSE&G and ACE customers is approximately $0.29/kWh, and JCP&L customers are around $0.32/kWh. That’s the number the calculator uses — because that’s the rate solar replaces.
No — the calculator shows bill savings only (the difference between grid cost and solar cost). NJ SuSI TREC payments are an additional income stream on top of those savings. At the current $85.90/MWh rate for 15 years, a typical 8kW NJ system generates approximately $815–$875/year in TREC income on top of your bill savings. Add that to whatever the calculator shows for your complete financial picture. Learn more about the NJ SuSI program here.
Most properly sized NJ solar installations target 90–100% offset — meaning the system produces enough to cover 90–100% of your annual electricity usage. 95% is the default in this calculator and reflects a typical well-designed NJ system. Some utility circuits have export limitations that cap how much you can send back to the grid, which may affect your effective offset. Your final offset depends on your roof size, orientation, shading, and your utility’s interconnection approval.

Ready for Real Numbers on Your Specific Home?

This calculator gives you a solid estimate. A custom Solar by Omar analysis gives you exact numbers — based on your actual roof, your utility grid status, and your bill.

⚡ Get My Free NJ Solar Analysis

Is solar worth it in NJ? →  ·  NJ solar incentives 2026 →  ·  Lease vs loan →  ·  NJ SuSI program →

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