Since 2004, over 31,000 homeowners in New Jersey have installed solar electric systems. However, solar ownership has been out of reach for many New Jersey homeowners because of the upfront cost. This week, Go Solar Electric formed a new strategic partnership with Sungage Financial, a marketplace that provides homeowners with access to low-cost solar financing. Through this partnership, Go Solar Electric hopes to enable New Jersey homeowners to save more through solar ownership.
Sara Ross, CEO of Sungage Financial, said, “Solar helps homeowners save on their energy bills, but the upfront cost keeps this opportunity out of reach for many. Sungage partners with local installers who want to make it easy for homeowners to go solar and start saving immediately. Go Solar Electric is an experienced local installer who listens to and meets homeowners’ needs, making them an outstanding partner for us.”
The Sungage® Solar Loan, now available through Go Solar Electric, provides an opportunity for homeowners to own a solar electric system with no money down and low monthly loan payments. The Sungage Solar Loan was designed specifically to finance the installation of residential solar electric systems and does not require any home equity.
“With financing through Sungage, we can transform a large purchase into a discounted utility bill. Homeowners start saving right away,” explained Frank Carpino, an owner of Go Solar Electric. “Sungage makes it easy for our customers to get the right financing for solar through an easy online process in less than three minutes.”