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Solar energy integrator forms partnership to equip NJ homes
Mercury is an integrator of solar-energy systems, and has New Jersey offices in Tinton Falls and Mays Landing. SunRun, based in San Francisco, buys and leases solar-power systems to the residential market.Frank Alfano, chief executive of Mercury's parent Mercury Energy, said many of the systems available for lease can provide up to 80 percent of a home's energy needs. “The homeowner will save 30 percent on their annual electric utility bill,” he said. Solar-panel systems that provide 100 percent of a house’s needs are available, he said, but at higher cost.If the home is sold, the solar system can be transferred to the new owner, who would continue payments, or the exi...
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