High electricity rates the federal tax credit net metering and the state s transitional renewable energy credit program means that homeowners in the garden state can get an excellent return on their investment when installing residential solar panels.
Nj solar panels for your home.
New jersey solar incentives tax credits and rebates.
Solar power purchase agreement ppa you buy the power your panels produce and your solar system provider maintains ownership of the panels.
In new jersey homes with solar panels can sell for 9 9 more than homes without solar energy systems.
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 is one of the top states to install solar in the nation.
When you go with new jersey solar power you re getting new jersey s foremost experts in solar energy.
Nj solar panels is based out of bergen county new jersey and is the leading specialist when it comes to energizing your home with solar.
Solar leases and ppas are different you won t own your panels or be eligible to claim the federal tax credit.
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.
That means you ll.
New jersey solar power llc has been there since the beginning of the solar energy revolution of nj.
Give us a call and by answering a few simple questions we can see if you qualify for a solar panel system.
New jersey solar power overview.
Solar lease you lease the panels while your solar provider maintains ownership.
Solar sales tax exemption.
New jersey solar panel tax credits.
New jersey offers a good selection of solar incentives for residents who invest in solar.
At nj solar we pride ourselves on matching state of the art technology to your financial and energy needs.
The average home in new jersey needs a 7 2 kw solar panel system to meet its energy needs.