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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
Residential Solar Installation in New Jersey
Incentives, Rebates, & Tax Credits Available in New Jersey
New Jersey residents can now install solar panels on their homes and start saving money. Solar power is a clean, renewable source of energy that reduces greenhouse gas emissions and helps fight climate change. It also provides an affordable way for homeowners to reduce their electricity bills by generating their own power from the sun. In fact, it’s estimated that most homeowners will see a return on investment within five years – meaning they’ll be able to recoup the cost of installation in less time than it takes to pay off a car loan!
And because solar panels are installed at no cost to you, there are no upfront costs or monthly payments either. You just get all the benefits without any of the hassle or expense. That means more money in your pocket every month with lower utility bills and increased home value too!
Help save the environment by producing your own clean energy in New Jersey. Solar energy is a great alternative for anyone who values independence and efficiency. Start today.
ITC
Federal Solar Tax Credit
The Solar Investment Tax Credit (ITC) is the association that’s pushing for solar adoption in the United States. Since its inception in 2006, solar installation across the United States has grown by over 1600% with an average annual growth rate of 76%.
With the new tax credit, homeowners can get up to 26% of their solar system cost back. That means more money in your pocket and less time worrying about how much power you’re using. Plus, solar is good for the environment so it feels great knowing that our planet will be better off because of what we do.
TREC*
Transition Renewable Energy Certificates
You can now earn money for producing clean energy with solar panels. The Garden State government has created a program called Transition Renewable Energy Certificates Program (TREC) that will pay you $91.20 per 1,000 kWh of solar power your system produces. That means if you produce more than what you use during a given month, you can sell it back to the utility company. This is an amazing opportunity to make some extra cash while doing something good for the environment.
Net Metering
Bidirectional Metering
New Jersey residents who install solar panels will receive net metering credits for any excess electricity that their system produces during daylight hours when demand is high but production is low due to weather conditions or time of day. The credits are meant to supplement your energy use at night or when it’s cloudy so you don’t have to worry about running out of energy.
Solar Energy Sales Tax Exemption
Save Now with Solar
When you purchase your solar system, you’re eligible for a 100% exemption from the sales tax of the purchase, currently about a 7% discount on the solar equipment being installed.
Property tax incentives make sure that you get 100% tax exemptions from property tax payments if you purchase a solar power system.
Property Tax Exemption
NJ Solar Incentive
If you’re an eligible homeowners, you can receive a 100% property tax exemption of the “added home value” thanks to the solar panel installation. According to reports currently average the resale value of a solar home to be about $3 – $4 more per watt.
New Jersey Solar Power Stats
Solar pricing in New Jersey has seen a drop of 38% in the last 5 years. This is a great time to join your fellow homeowners in the Garden State who have solar power. Here are some other interesting stats regarding New Jersey’s solar energy landscape:
#7
National Ranking
3,180.74
Megawatts (MW) of Solar Installed
523,757
Number of NJ Homes That Can Be Powered
6,225
Solar Industry Workforce
Residential Solar Installation in New Jersey
100k Solar is located in Barnegat, New Jersey and is perfectly positioned to service most eligible homeowners within the state. Federal and state incentives have made it more feasible to transition to solar than the majority of US states, which is why you may have started noticing more and more homes with residential solar panels. As a result of renewable-friendly legislation, New Jersey ranks #7 in the nation for solar installed.*
100k Solar is proud to service the following cities in New Jersey:
- Newark
- Jersey City
- Paterson
- Elizabeth
- Toms River
- Clifton
- Trenton
- Camden
- Passaic
- Union City
- Bayonne
- East Orange
- Vineland
- New Brunswick
- Lakewood
- Hoboken
- West New York
- Perth Amboy
- Plainfield
- Hackensack
- Sayreville
- Linden
- Kearny
- Fort Lee
- Atlantic City
- Fair Lawn
- Garfield
- Princeton
- Rahway
- Long Branch
- Westfield
- Englewood
- Bergenfield
- Millville
- Paramus
- Cliffside Park
- Ridgewood
- Lodi
- Somerset
- South Plainfield
- Bridgeton
- Carteret
- Old Bridge
- Summit
- Roselle
- North Plainfield
- Palisades Park
- Secaucus
- Pleasantville
- Glassboro
- Elmwood Park
- Harrison
- Woodbridge
- Morristown
- Point Pleasant
- Avenel
- Hawthorne
- Rutherford
- Iselin
- Dover
- Dumont
- Colonia
- Tinton Falls
- Lindenwold
- Ocean Acres
- New Milford
- Madison
- South River
- North Arlington
- Asbury Park
- Metuchen
- Ramsey
- Williamstown
- Fords
- Franklin Park
- Tenafly
- Bradley Gardens
- Fairview
- New Providence
- Phillipsburg
- Hopatcong
- Hammonton
- Collingswood
- Moorestown-Lenola
- West Freehold
- Cherry Hill Mall
- Roselle Park
- Middlesex
- Highland Park
- Springdale
- Princeton Meadows
- Edgewater
- Short Hills
- Oakland
- Ridgefield Park
- Woodland Park
- Somerville
- Mercerville
- Hamilton Square
- Holiday City-Berkeley
The 3-Steps To Going Solar
Our 3-step system for going solar is designed to streamline the whole process for you. All you will have to do is sit back, relax and enjoy the switch to clean & more affordable energy – we will handle the rest.
Consultation
We tell you about the No-Cost Solar Panel program and how you can benefit from the cost savings. We will also answer any questions you have about going solar.
Installation
Once your solar panels are designed, finalized and permits are approved, we will move into the installation phase. We will work with your township to coordinate a final inspection and have your solar panels ready for activation.
Activation
Once the solar panel project passes the final inspection through your township or local municipality, it’s ready for activation. You’re all set after that.