US Solargy Participates In New Jersey/Taiwan Clean Energy Mission

Trenton, NJ - US Solargy was one of several clean energy companies to meet and greet a delegation from Taiwan led by Dr. Jung-Chiou Hwang, minister of Economic Affairs, Taiwan, R.O.C. on December 1, 2009. This mission was focused on fostering cooperation between Taiwanese clean energy companies and research institutes in Taiwan and New Jersey.

This is a perfect partnership between New Jersey and Taiwan, both on the cutting edge of clean and renewable energy. Taiwan is poised to become the worldwide leader in the output of photovoltaic solar cells, while New Jersey serves as a role model in the development and application of clean, renewable energy.

The delegation was impressed with US Solargy's unique business model and looks forward to forging a strong partnership with US Solargy and New Jersey. US SOlargy's "No Credit Check Power Purchase Agreement" breaks down the financial barriers that most end users had faced while trying to "go solar". With US SOlargy, consumers can go solar while still having peace of mind - no maintenance, insurance or monitoring needed.

US Solargy customers pay about one-third the amount of a system upfront (about $2.95 per watt*), which includes complete maintenance, full system warranty for the life of the power purchase agreement(PPA) and proactive, remote monitoring by the companies expert staff.

Once installed by US SOlargy's fully licensed, insured and experienced installers, customers pay just 5 cents per kilowatt** for their energy - compared with the state average price of 22 cents per kilowatt.

US Solargy also guarantees that rates will not increase by more than 3.5 percent per year compared with an average of 6.5 percent annual increases that New Jersey consumers have experienced over the last 25 years.

With US Solargy's PPA, a typical monthly energy bill is reduced by about 75 percent!

The Taiwan Clean Energy Mission to New Jersey was organized by the New Jersey Economic Development Authority.


* Price may vary depending on the type of solar system installed
** 5 cents per kWh is the first year cost for energy with 3.5 percent annual escalation