Though many states have been encouraging residents to power their homes with clean energy, New Jersey has been emerging as one of the most supportive. Their many programs and incentives help position the state behind only California in terms of wattage produced and number of solar installations.

To help get your solar system installation on track, up-front rebates are offered. The Renewable Energy Incentive Program has rebates available from $1.55-1.75/watt depending on what steps you have taken to meet specific efficiency requirements. If you replace your electric hot water heating system with a solar one, a $1,200 rebate is given. In addition, homeowners won’t need to pay sales tax on their solar purchase, nor face a higher property tax.

Net metering can credit your electricity bill with the extra power your system has produced, as you watch your meter run backwards! Another way to get money back on your system is to opt for the state’s SREC Registration Program (SRP). Solar Renewable Energy Certificates are issued as revenue for every 1000kWh generated by your PV system, and can be traded or sold to electricity suppliers on the Generation Attributes Tracking System.

For more details, head over to New Jersey’s Clean Energy Program website. http://www.njcleanenergy.com. A better estimate of your potential and rebates can be explained with a free quote from one of our solar installers listed in the New Jersey directory.