Lifelong Jersey City resident Adam Szpala describes himself as a climate change skeptic. And cap-and-trade programs? He “thinks [they're] crazy when the economy is suffering as it has been,” according to The Jersey City Independent.
But this contractor and rental property owner loves him some solar panels… and plunked down $45,000 four years ago to install them on his own house as well as the building next door he rents out. His incentive: cost savings on energy. Because he lives in New Jersey, which has had some of the most generous rebate programs in the country (they’ve dried up some lately), he’ll likely recoup his initial investment in just a few more years. He saves about $200 a month on electricity, and also receives Solar Renewable Energy Credits (SREC) payments to the tune of around $7000 a year.