New jersey solar incentives tax credits and rebates.
Roof and nj solar programs.
New jersey residents who are municipal electric oil or propane customers are eligible to participate in and receive incentives from certain programs.
What s new for 2020 the future looks bright for solar in new jersey but things are a bit in flux right now.
Please check njcep for more information and availability of funds.
We needed a new roof and we have always considered adding solar.
Amazing program even better service michael c.
If your roof is more than 7 10 years old you should replace your roof before putting on solar panels.
About new jersey s clean energy program.
Srecs and net metering in new jersey.
The state s solar success has been based on two core programs one that compensates you for the electricity you produce and one that rewards you for that electricity s clean characteristics.
Refrigerator water heater clothes washer dryer more.
The solar renewable energy credit srec program rewards you for each 1000 kilowatt hours kwh of solar power your system produces which is then sold to local utility companies.
New jersey is one of the top states to be adopting solar power although not abundant in sunshine they are making solar power work.
The garden state is transitioning away from its long term solar renewable energy certificate srec incentive program but while it chooses a successor it s allowing new solar projects to be eligible for a new kind of transition renewable energy certificate trec.
The tribal energy program.
This policy allows you to sell excess electricity back to the grid at the retail rate.
You can get solar panels for free here with a power purchase agreement.
If your roof is less than 7 years old you most likely won t need to replace your roof but we can still get you the solar energy system with no money down.
This program registers solar projects in order to earn solar renewable energy certificates srecs.
Homeowners who are interested in government grants for roof replacement should check out the program s website to see if their home s location qualifies.
But your rooftop solar system is still exempt from property tax 3 and sales tax 4 in new jersey.
The main financial kickback for solar power in new jersey for homeowners is through solar renewable energy certificates srecs and net metering.
Government grants for roof replacement may help with you home repairs.
The nj solar program made it so easy for us to get everything done with no cost.
New jersey offers a good selection of solar incentives for residents who invest in solar.
New jersey s clean energy program is a statewide program that offers financial incentives programs and services for new jersey residents business owners and local governments to help them save energy money and the environment.