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New Jersey Solar Incentives

Go Solar in New Jersey with 100k Solar and Enjoy Attractive Incentive Programs

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New Jersey is one of the top ten states in the U.S. for solar.1

-45%

New Jersey’s solar panel price drop over the last five years.1

50%

State electricity generation that will come from clean, renewable energy sources by 2030.

The benefits of solar energy are many in New Jersey, with almost 33% higher rates than other states. But what if you could lessen your electric bill by 40%, protect yourself from outages and reduce carbon emissions? You can do all three when switching to a home equipped with solar panels! There’s even financial incentives available for those looking forward or purchasing new rooftop systems along wth battery storage devices at no cost through tax credits like federal stimulus dollars on top-of -the line rebates as well as grants from 100k Solar whom offer homeowners significant cash back offers that SAVE money.

100k Solar is one of the best solar installers in New Jersey.  We’ll make sure you you can bring all the solar potential that the Garden State has to offer your home or office.

Do You Know the Solar Tax Credits and Solar Rebates That New Jersey Offers?*

Incentive Value
Federal Solar Investment Tax Credit (ITC)** The 26% federal solar tax credit is available for purchased home solar systems installed by December 31, 2022.5
Solar Renewable Energy Credits (SRECs) Compensation per kilowatt-hour (kWh) produced by the system.6 (Varies by market value.)7
Solar Investment Property Tax Exemption Property tax exemption on the added home value from the rooftop solar system.8
Solar Panel System Sales Tax Exemption 6.625% home solar system state sales tax exemption.9,10

Find out If You Qualify for New Jersey Solar Incentives

Learn the Details of New Jersey Solar Incentives

Qualify for the 26% federal solar tax credit by purchasing and installing new solar panels in the state of New Jersey  in 2021. The residential ITC drops to 22% in 2023 and ends in 2024.

 

New Jersey’s Clean Energy Program lets you earn Solar Renewable Energy Certificates (SRECs) for every kiowatt-hour(kWh) of solar energy your solar panel system creates based on the market value.

Installing a solar panel system could boost the value of your home by 10% and won’t have your property taxes increase.

Don’t pay any sales tax when you purchase a home solar energy system in New Jersey. This offer is only for eligible solar installations in the state of New Jersey.  This can save you 6.625% immediately.

Tap into New Jersey’s Magnificent Solar Potential

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Enjoy these benefits with Solar Energy

  • Cost Savings (No-Cost to You)
  • Increased Home Value
  • Solar Works Everywhere
  • Environmentally Friendly
  • New Jersey Tax Incentives
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