Protecting Your Investment from Inverter Breakdowns, Battery Issues, and More The Hidden Costs of Solar Equipment Failures New Jersey’s 250,000+ solar installations position it as a national leader in renewable energy adoption. However, even the most advanced solar systems face inevitable equipment failures issues that can derail energy savings, void warranties, and cost homeowners thousands in repairs. Inverters (which convert solar energy to usable electricity) fail at a rate of 10 to 15% within their first 10 years, while lithium-ion batteries degrade 2 to 3% annually under NJ’s temperature extremes. Without proper insurance, these breakdowns can erase the financial benefits of going solar. Understanding and mitigating equipment risks is critical for Garden State homeowners to safeguard their green investments. Common Solar Equipment Failures in New Jersey Solar systems consist of complex components prone to four primary failure types: 1. Inverter Failures:...
Garden State Solar Insurance is your trusted New Jersey resource for comprehensive solar panel coverage. Protect your investment against storms, equipment failures, and liability claims with tailored insurance solutions. Learn how to safeguard SREC income during repairs, navigate NJ’s unique risks like nor’easters and grid outages, and maximize savings through NJ Clean Energy Program-compliant policies.