Solar Incentives

Federal Tax Credit
          When you own your solar system you can take advantage of a 30% tax credit when you file your income taxes.  That's 30% of the total cost of the system applied against your tax liability for the year that the system was installed.  To learn more about the federal tax credit visit www.energy.gov.  

NJ SREC program
          The state of New Jersey has recently changed their incentive program to the Administratively Determined Incentive Program (ADI) which will provide a set dollar amount for each 1000 KwH of energy produced.  For residential systems they are $90 each, and for commercial systems they are $85 each.  Both residential and commercial system owners would receive those amounts for 15 years resulting in thousands of dollars to help offset upfront costs.  To learn more visit njcleanenergy.com.  

Utility Savings 
          Renewable energy can help lower or even eliminate monthly electric bills.  Energy providers will provide full retail credit for the energy produced by solar systems.  This is done through net metering, to learn more visit njcleanenergy.com.