There can be solar tax credits and incentives available at the federal, state and local levels. The calculator above will show you the value of all incentives your home is eligible for.
When you hear "New Jersey" you probably don't think of bright sunny skies. So you might be surprised to hear that New Jersey is one of the country's best places to install a solar system. The combination of high electricity rates, statewide solar incentives, the 30% federal tax credit, and an excellent net metering policy make solar a worthwhile investment for almost all homeowners.
But it doesn't stop there. New Jersey's Board of Public Utilities is creating an energy storage incentive to make installing solar batteries more affordable. Plus, the state is expanding community solar programs to make solar more accessible to low-income households. That commitment to helping folks go solar is what keeps New Jersey as one of the top states to go solar.
Learn what solar incentives are available to New Jersey homeowners
See what New Jersey solar incentives you qualify for based on your utility company and city
Find out how much these incentives and/or New Jersey solar tax credits will reduce your cost to go solar and add batteries
The federal solar investment tax credit will have the biggest impact on the cost you will face to go solar in New Jersey
If you install your photovoltaic system before the end of 2032, the federal tax credit is 30% of the cost of your solar panel system. This is 30% off the entire cost of the system including equipment, labor, and permitting.
Example: If your solar energy system costs $20,000, your federal solar tax credit would be $20,000 x 30% = $6,000.
The federal tax credit falls to 26% starting in 2033.
With net metering in some states, you get full retail rate credit for the amount of electricity you send back into the grid with your solar panels.
Net metering requires your utility to monitor how much energy your solar power system produces and how much energy you actually consume and make sure you get credit for the surplus.
New Jersey's net metering rules ensure the utility company tracks your excess power generation and credits it to your next bill at the full retail rate. If you run a surplus for an entire year, the utility will cut you a check for the excess at the company's avoided-cost (wholesale) rate. All investor-owned utilities, certain competitive municipal utilities, and electric cooperatives provide net metering.
This net metering policy greatly benefits you as a New Jersey solar owner, letting you save big on your utility bills.
New Jersey is a state that has placed strict requirements on utility companies to include renewable energy and, specifically home solar in its energy mix. The state has achieved such strong results in transitioning to clean energy through the issuance and sale of solar renewable energy certificates (SRECs). In New Jersey, they are referred to as SREC-IIs. Clean energy generators like home solar owners own these credits and can sell them to the utilities so the companies can meet their renewable energy targets.
Any solar system installed after August 28, 2021, can participate in the "Successor Solar Incentive program," or SuSI for short.
Under the SuSI program, every time a solar system produces one megawatt-hour of electricity, an SREC-II is generated. SREC-IIs are worth $90 each. The average 6 kW system would generate enough SREC-IIs to earn roughly $7,110 over the program's 15-year term.
When the property tax assessor comes knockin' at your front door, by law, they are not allowed to increase your property taxes in New Jersey because you've got a valuable new solar system on your roof. At the same time, your home WILL be worth significantly more when you sell because, hey, what home buyer doesn't like free electricity?
Also, unlike other home upgrades like new kitchen appliances or bathroom fixtures, with solar panels in NJ, you will not have to pay any sales taxes on your system. That's 7% you save upfront, even without statewide solar power rebates.
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Prices based on a 9.6kW system, after 30% federal tax credit
95 solar companies in New Jersey provide pricing on SolarReviews. Here are the best rated companies near you.
4.84 364 Reviews
D. Marsh, 6 days ago
Green Power Energy has given me great customer service from day one. Always considerate of my schedule. Never tried to push me into committing to a new system; instead allowed me to consider investing in a solar system for almost a month. They worked around my travel plans, but finished the work on the original timeline. In the end, I have a system that produces more energy than I use, even with Connecticut's cloudy weather! Their software allows me to monitor my system at home or away. Being a multi-state business with a local presence in Durham CT, I believe Green Power Energy will provide any support needed to operate and my system for years to come. A big Thank You to all the staff at Green Power Energy who helped make this possible.
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D. Marsh, 6 days ago
Green Power Energy has given me great customer service from day one. Always considerate of my schedule. Never tried to push me into committing to a new system; instead allowed me to consider investing in a solar system for almost a month. They worked around my travel plans, but finished the work on the original timeline. In the end, I have a system that produces more energy than I use, even with Connecticut's cloudy weather! Their software allows me to monitor my system at home or away. Being a multi-state business with a local presence in Durham CT, I believe Green Power Energy will provide any support needed to operate and my system for years to come. A big Thank You to all the staff at Green Power Energy who helped make this possible.
4.83 556 Reviews
Laurent Pierre Philippe , 1 week ago
Solar Energy World provided an excellent solar installation experience. The entire team , led by the project manager Mr. Jacques Frink , delivered on all of their commitments on time. Without hesitation I would recommend Solar Energy World to friends and family members.
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Laurent Pierre Philippe , 1 week ago
Solar Energy World provided an excellent solar installation experience. The entire team , led by the project manager Mr. Jacques Frink , delivered on all of their commitments on time. Without hesitation I would recommend Solar Energy World to friends and family members.
4.83 74 Reviews
Mark Lombardo, 5 days ago
At the time I was slightly interested in getting solar for my home. I was contacted by Apollo Energy and a few days later Kass came out and was very friendly and knowledgeable on the product Apollo Energy Was selling. The pricing was competitive and transparent, offering good value for the money. Their customer service set the bar incredibly high, when it comes to a solar Company Apollo Energy, Mt.Laurel is undisputed the best around. The CEO Kelly Wilson, runs a very well business, would highly recommend. Mark (Bellmawr)
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Mark Lombardo, 5 days ago
At the time I was slightly interested in getting solar for my home. I was contacted by Apollo Energy and a few days later Kass came out and was very friendly and knowledgeable on the product Apollo Energy Was selling. The pricing was competitive and transparent, offering good value for the money. Their customer service set the bar incredibly high, when it comes to a solar Company Apollo Energy, Mt.Laurel is undisputed the best around. The CEO Kelly Wilson, runs a very well business, would highly recommend. Mark (Bellmawr)
4.79 80 Reviews
Jerry B., 1 week ago
I have yet to have multi-day power outage since installing 2-13.5 kwh SunVault batteries. During winter months I leave fully charged since sun & possible snow cover will impede solar production, so a fail-safe for the long power outage possibility. Now that better weather is here and not worried about freezing pipes, I am running the batteries overnight to power the home. So far, has the SunVault system has been working great with balancing the battery, grid and solar production usage in the home. I use about 50% of the batteries (one battery) each evening and it is typically charged up by 11 am local time, a little later on the cloudy days (yes, arrays still produce). My system is sized enough to power home on all but the darkest days where the battery supplements. If we get multiple days of rain, then I'm back on the grid using some of the credits I have stored at Eversource after the batteries are 100% recharged each day. I have no idea when the SunVault system switches to battery from the grid and vice versa, no issues with any electronics in the home when it does and it works in the "normal" daily living space fantastically. I will update this review if my micro-grid fails during a multi-day grid power outage as it is my expectation the solar array will not be shut down so the house and batteries can use the produced electricity until the grid is repaired. This is the real reason I go the batteries as had a 2018 summer Tropical Storm knock out power for 6-days and it was sunny for 5 of those days but my solar array was useless without a battery system attached. Fingers crossed this works as promoted and promised. The staff was great at every process of the sales, install and post-install support process as there are always questions and weird things with electricity that sometimes needs a call. Thank you, Jordan, my install team and Kim for helping and teaching me about the system. SavKat is a local, family-owned operation that is simply the best, highly recommend talking to them before going too far into your solar planning.
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Jerry B., 1 week ago
I have yet to have multi-day power outage since installing 2-13.5 kwh SunVault batteries. During winter months I leave fully charged since sun & possible snow cover will impede solar production, so a fail-safe for the long power outage possibility. Now that better weather is here and not worried about freezing pipes, I am running the batteries overnight to power the home. So far, has the SunVault system has been working great with balancing the battery, grid and solar production usage in the home. I use about 50% of the batteries (one battery) each evening and it is typically charged up by 11 am local time, a little later on the cloudy days (yes, arrays still produce). My system is sized enough to power home on all but the darkest days where the battery supplements. If we get multiple days of rain, then I'm back on the grid using some of the credits I have stored at Eversource after the batteries are 100% recharged each day. I have no idea when the SunVault system switches to battery from the grid and vice versa, no issues with any electronics in the home when it does and it works in the "normal" daily living space fantastically. I will update this review if my micro-grid fails during a multi-day grid power outage as it is my expectation the solar array will not be shut down so the house and batteries can use the produced electricity until the grid is repaired. This is the real reason I go the batteries as had a 2018 summer Tropical Storm knock out power for 6-days and it was sunny for 5 of those days but my solar array was useless without a battery system attached. Fingers crossed this works as promoted and promised. The staff was great at every process of the sales, install and post-install support process as there are always questions and weird things with electricity that sometimes needs a call. Thank you, Jordan, my install team and Kim for helping and teaching me about the system. SavKat is a local, family-owned operation that is simply the best, highly recommend talking to them before going too far into your solar planning.
4.77 89 Reviews
Mark, over 1 month
Solar Me's installers, engineers and customer service staff were very professional, knowledgeable and courteous. Work was completed on time with no problems. System works great.
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Mark, over 1 month
Solar Me's installers, engineers and customer service staff were very professional, knowledgeable and courteous. Work was completed on time with no problems. System works great.
4.73 588 Reviews
Lillian, 6 days ago
The only part of the process that was painless was the great salesman, but I guess that is their gimmick, "Rope you in with first impressions and then screw you along the way." The first day they were supposed to work 1 man showed up claiming the other worker was in an accident, but he would do all he could alone, he worked half a day and barely nothing was done. But assured us all would be competed the next day when the team was together. The next day, no one showed. My husband called, they said they had to finish another job first and would be over before 12. They showed after 3 pm, but did stay to finish the installation. Next step was the electrical which they said would be no problem with my existing box, when electrician showed he claimed that was not the case they needed to run new lines and add a bigger box.... hence more waiting time! They never set up an appointment for the work and just showed up when they wanted, thank goodness my husband was working from home. When the box was completed there was a humming in my house which the electrician claimed had nothing to do with him even though it was not there previously, my husband had to fix the problem himself. Now time for inspection, they said they would call to make an appointment, never did, but showed up at the house without an appointment, once again husband was home working so he gave them access to the garage. Electricity failed inspection ! It is now more than 4 months later, no adjustments made and no inspection. This weekend we went to open our pool and guess what? They eliminated the circuit for the pool filter, hence the pool is not working. When we try to get in touch with them neither Sunova or Venture take responsibility they need 7-10 days to review the complaint/ request. What a mess!!!!! They are unreliable and inexperienced!! Never mind impossible to get in touch with after initial sale, DO NOT SIGN WITH THEM!
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Lillian, 6 days ago
The only part of the process that was painless was the great salesman, but I guess that is their gimmick, "Rope you in with first impressions and then screw you along the way." The first day they were supposed to work 1 man showed up claiming the other worker was in an accident, but he would do all he could alone, he worked half a day and barely nothing was done. But assured us all would be competed the next day when the team was together. The next day, no one showed. My husband called, they said they had to finish another job first and would be over before 12. They showed after 3 pm, but did stay to finish the installation. Next step was the electrical which they said would be no problem with my existing box, when electrician showed he claimed that was not the case they needed to run new lines and add a bigger box.... hence more waiting time! They never set up an appointment for the work and just showed up when they wanted, thank goodness my husband was working from home. When the box was completed there was a humming in my house which the electrician claimed had nothing to do with him even though it was not there previously, my husband had to fix the problem himself. Now time for inspection, they said they would call to make an appointment, never did, but showed up at the house without an appointment, once again husband was home working so he gave them access to the garage. Electricity failed inspection ! It is now more than 4 months later, no adjustments made and no inspection. This weekend we went to open our pool and guess what? They eliminated the circuit for the pool filter, hence the pool is not working. When we try to get in touch with them neither Sunova or Venture take responsibility they need 7-10 days to review the complaint/ request. What a mess!!!!! They are unreliable and inexperienced!! Never mind impossible to get in touch with after initial sale, DO NOT SIGN WITH THEM!
4.71 26 Reviews
cheryl, over 1 month
I spoke with Dov at Powerlutions regarding our solar contract. He was very knowledgeable, patient and extremely pleasant to work with. The installation team was very respectful and professional, it was very impressive to watch them do the job. I am looking forward to geeting good use out of our new solar panels. Thank you Dov and Powerlutions for an excellent experience.
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cheryl, over 1 month
I spoke with Dov at Powerlutions regarding our solar contract. He was very knowledgeable, patient and extremely pleasant to work with. The installation team was very respectful and professional, it was very impressive to watch them do the job. I am looking forward to geeting good use out of our new solar panels. Thank you Dov and Powerlutions for an excellent experience.
4.66 51 Reviews
Brad, 2 weeks ago
I contacted about 5 New Jersey solar installers for a price of a solar roof. Impact Solar was the cream of the crop. The solar equipment they use is Tier 1 and top notch. Their sales process was extremely informative and no hassle. Their price is extremely competitive. The owner came out to my house to measure my roof and he was extremely knowledgeable of the solar industry, both on the local and federal level. Made me feel comfortable with this large purchase and I am confident that the install will be as seamless as the initial purchase. I WOULD HIGHLY recommend this company for all of your solar needs!!!
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Brad, 2 weeks ago
I contacted about 5 New Jersey solar installers for a price of a solar roof. Impact Solar was the cream of the crop. The solar equipment they use is Tier 1 and top notch. Their sales process was extremely informative and no hassle. Their price is extremely competitive. The owner came out to my house to measure my roof and he was extremely knowledgeable of the solar industry, both on the local and federal level. Made me feel comfortable with this large purchase and I am confident that the install will be as seamless as the initial purchase. I WOULD HIGHLY recommend this company for all of your solar needs!!!
4.66 38 Reviews
Calvin Clements, over 1 month
Excellent installation and had a problem with inverter one year later and 100% prompt replacement and stood behind warranty.
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Calvin Clements, over 1 month
Excellent installation and had a problem with inverter one year later and 100% prompt replacement and stood behind warranty.
4.61 14 Reviews
Anonymous, over 1 month
The crew at Ace Solar worked to explain everything about solar panels. Installation was delayed by having to get permits from the town but once that was done everything was installed in one day. We have had them for 2 years now and are very happy.
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Anonymous, over 1 month
The crew at Ace Solar worked to explain everything about solar panels. Installation was delayed by having to get permits from the town but once that was done everything was installed in one day. We have had them for 2 years now and are very happy.
For more information about going solar near where you live, check out the following resources: