Quote Advice – EMI – Sunova

I just got a quote to finance solar panels and am looking for some advice

MY HOME Avg elec bill: $125/mo South facing, no obstructions New Jersey 1830 sf home 344kWh (Oct) – 844kWh (Aug) $83 (Oct) – $173 (Aug) Atlantic City Electric – must be tied to grid

QUOTE Financed thru Sunova Install & maintenance thru EMT 25 year w/ 25yr warranty (product, performance, labor) Size: 14 JAM54S31-395/MR(100V) panels w/ Enphase microinverters 5.53 kWh system 6,931 kWh 1 yr prod 7,140 kWh annual usage 97% offset 1 SREC = 1000 kWh = $85 SREC payout for 15 yr $589 SREC annual value $8,837 SREC lifetime value $49 SREC monthly value Rate: 3.99 Payment $104 (18 mo) Payment $153 (after 18 mo) Tax credit $8416 Payment after mo 18 $104 if tax credit applied

I was told my house is optimal and could handle another 12-14 panels in the future. My girlfriend and kids may move in over the next year, so I imagine my power consumption will jump significantly. Wondering how difficult it would be to add panels to offset power usage increase?

A lot of this jargon is a bit over my head. I’m trying to research and will be getting other quotes, but wan to know if this is a good baseline to compare others, and if this is a decent deal for my area.

Any advice or suggested questions I should pose to the rep would be appreciated