Simple solar Savings

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Finray connects you to a Solar Farm and helps you lower your electricity costs. Save $432* annually in New Jersey!

Nothing to install, so no holes in your roof either! Guaranteed savings for up to 20 years. No exit fees. No deposit required.

The catch? Spots are limited!

*20% savings off solar credits for a typical customer with a $200 monthly electric bill in New Jersey

How does it work?

1. Link your utility bill to a solar farm

Connect your existing PSEG, O&R, ACE or JCPL account with a nearby solar farm. You just need a copy of your recent bill and 3 minutes. 

2. Start generating solar power

When the sun shines, the solar farm generates power and feeds it to your utility’s electric grid on your behalf, earning you credits.

3. Receive solar credits

Your utility bill is credited for the amount of solar energy that was generated for you during this billing cycle, reducing the electric portion you pay the utility (see example below).

Example Utility Bill with Solar Credits

A sample JCPL bill which demonstrate Solar Credits appearing on the statement

Click image to expand & zoom

What is Community Solar?

Community Solar is enabled by New Jersey’s Clean Energy Program, which encourages the development of solar farms as a way to meet the aggressive, 50% clean energy target by 2030! With community solar farms, multiple utility customers can receive bill credits and cost savings for helping green the power grid, including renters!

Developers receive federal and state incentives to build large solar projects, and in turn, you earn credits from that generation which saves you money!

Real Savings, Real Stories

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Frequently Asked Questions

How long does it take to start receiving solar credits?

Community solar credits will start reducing your utility bill about 2 to 3 billing cycles after enrollment, if the project is live. If a project is under construction, it may take 3-8 months for credits to start, but rest assured, your spot is reserved! Your first e-statement from the solar project will be after your credited utility bill arrives.

Can I transfer the program if I move?

You can transfer the program if you move within the approved region for the project. Simply call or email the developer to confirm. If your consumption is much higher or lower at the next property, you may ask the developer to readjust your solar credit allocation.

What if I move out of the area or wish to cancel? (ie. getting solar on the home)

There are no exit fees for residential consumers. Please provide 90 days (or as much as possible) notice to the solar project ahead of a move/cancellation so they can assign solar credits to other customers and stop allocating them towards your account.

Once you move, contact Finray Solar to see if we have a solar farm with availability in your new area.

How are credits calculated?

The solar farm will allocate credits for 90% of your historical consumption with your utility (based on past 12 months). If your usage increases (ie. you buy an EV), you may contact the solar project and ask for them to recalculate your share of credits. If you don’t use up all your credits in a given month, they will roll over to the following month.

Annually, PSEG/JCPL/ACE/O&R will provide a monetary credit for the kWh not applied to prior bills at the avoided cost of power.

Enroll and Start Saving

Each solar farm has limited spots based on production capacity, and they fill up quickly!

Still have questions?

Learn more about Finray Solar — WHO we are, WHAT we do, and WHY.

Or, feel free to Contact Us to ASK A QUESTION. We look forward to speaking with you. And we are excited to help you connect your home to a discounted clean source of electricity!