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New Jersey Solar Rebates and Incentives for 2013

New Jersey Solar Rebates and Incentives for 2013


New Jersey solar energy rebates and incentives are transitioning away from traditional rebates and into a market for SRECs (Solar Renewable Energy Credits). Homeowners with solar PV systems registered with the Board of Public Utilities will earn one New Jersey SREC for every megawatt-hour (1,000 kWh) their system generates in its first 15 years, and participating utilities will be required to buy them from the homeowners at the market price. New Jersey’s SREC marketplace and net metering laws allow utilities to meet state-mandated renewable energy generation standards, and customers to cash in on their systems’ production.

New Jersey Government Solar Energy Rebates and Incentives


New Jersey Property Tax Exemption

New Jersey Sales Tax Exemption

New Jersey Utility Solar Energy Rebates and Incentives


New Jersey SRECs (Solar Renewable Energy Credits)