New jersey is the fastest growing market for solar photovoltaics in the united states and one of the largest in terms of installations and installed capacity second only to california.
Nj solar rebates.
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.
Save money while saving the planet.
That means you ll.
If you have more questions about the costs and opportunities associated with going solar in 2019 contact your local installer to find out whether your home is a good.
Please check njcep for more information and availability of funds.
New jersey residents who are municipal electric oil or propane customers are eligible to participate in and receive incentives from certain programs.
New jersey waives sales tax for solar panels reduces property tax provides rebates and offers production incentives to commercial and residential properties that purchase renewable energy systems.
Nj s pending reduction in srec prices means a statewide solar power rebate or tax credit with rollover if necessary would be an excellent way to keep solar growth humming here.
New jersey homeowners can count on solar incentives tax credits rebates you don t have to live in the northeast to be a leader in solar.
On top of these revenue streams new jersey has also granted residential solar a couple tax breaks to help keep the costs down.
Solar sales tax exemption.
This program registers solar projects in order to earn solar renewable energy certificates srecs.
When you purchase your home solar system you will be 100 percent exempt from any sales tax due to the pv energy sales tax exemption.
New jersey solar panel tax credits.
Thanks to incentives like solar renewable energy credits srecs and tax exemptions the garden state has earned itself a coveted place among the top 10 solar states in the united states.
With srec prices still providing substantial payments even a small rebate or tax credit would be a significant boon to homeowners like you without costing the state.