Geoscape Solar unveils New Jersey’s first residential solar leasing program

SHORT HILLS, USA: Geoscape Solar, an innovative solar design and installation company, today announced the statewide availability of New Jersey’s first residential solar energy leasing program.

Geoscape Solar’s new leasing program requires no upfront payment - consumers only pay a monthly fee that is lower than the utility cost of the electricity produced by the solar system. The leasing program was created to avoid upfront costs associated with buying a system and offers homeowners an affordable way to go solar, save money and make a positive impact on the environment.

Solar energy systems are an investment in one’s home or business – one that provides immediate and ongoing benefits in energy savings and cash income, creating a better environment for families and communities. The company estimates that an average system will save homeowners more than $10,000 over the 15-year lease period.

The company’s solar lease provides the needed financing and its solar consultants provide explanations in a clear, consultative way. Geoscape Solar takes care of all the necessary paperwork, making the process simple and hassle-free for the consumer.

“The benefits of solar energy sell themselves,” said Jeffrey Chavkin, president and co-founder, Geoscape Solar “What customers need are clear and concise explanations of these benefits, financing to take advantage of them and help getting through the maze of government paperwork.”

Solar energy is the cleanest, most abundant source of renewable energy on the planet. Research indicates that one hour of sunlight is enough to power the electricity needs of the entire world for one year. By switching to solar energy, individuals help to combat global warming and reduce America’s dependence on foreign oil. An average residential system reduces carbon emissions that are equivalent to planting more than 400 trees or not driving 20,000 miles per year.

“Right now, amid our troubled economy, New Jersey and the federal government have created the most attractive solar investment opportunity ever,” said Michael Boches, CEO and co-founder, Geoscape Solar.

“The state has the fastest growing market for solar in the United States and offers the best financial incentives in the country for switching to solar energy. Our research finds that homeowners want to make the switch to solar, but the high upfront costs have created a barrier. By offering the first residential lease and commercial financing options, we are making it simple and affordable for more families and businesses to achieve the benefits of solar power.”

Geoscape Solar’s management team is reshaping New Jersey’s environmental landscape by taking solar energy mainstream. With a proven history of building successful companies, they are delivering professionalism and high-standards to a fragmented solar market. Building on more than 60 years of banking, investment and solar experience to create the region’s first residential lease program and a range of creative commercial financing options, the team offers a unique investment approach to the solar market.