Nj Solar Program 2017

What s next for solar incentives in new jersey.

Nj solar program 2017.

When you purchase your home solar system you will be 100 percent exempt from any sales tax due to the pv energy sales tax exemption. New jersey residents who are municipal electric oil or propane customers are eligible to participate in and receive incentives from certain programs. New jersey s clean energy program srec registration program c o trc 317 george street suite 520 new brunswick nj 08901 phone. In 2017 the new jersey department of environmental protection s njdep bureau of climate change and clean energy released a solar siting analysis update available here this analysis identifies sites where the department would encourage solar installations from those where the department would discourage solar installations based on their land use and characteristics.

Compare solar options on energysage. New jersey solar panel tax credits. New jersey s clean energy program is a statewide program that offers financial incentives programs and services for new jersey residents business owners and local governments to help them save energy money and the environment. The new jersey board of public utilities approved the rules in january for an initial three year pilot program and it is now finalizing the application process for solar farm developers who want.

All projects that are installed after october 29th 2018 and don t begin receiving srec payments before the program hits the 5 1 percent cap by april 30th 2020 are placed into the trecs program. That means you ll. This report identifies sites where the department would encourage solar installations from those where the department would discourage. Save money while saving the planet.

It s never too soon to go solar. This program registers solar projects in order to earn solar renewable energy certificates srecs. On september 22 2017 the new jersey board of public utilities board directed staff to open a proceeding to review the state of the solar market in new jersey and in doing so to solicit input from all stakeholders in the solar industry culminating in public hearings to be held across the garden state. On top of these revenue streams new jersey has also granted residential solar a couple tax breaks to help keep the costs down.

3723 see table above. In 2017 the new jersey department of environmental protection s njdep bureau of climate change and clean energy released a solar siting analysis ssa update. Please check njcep for more information and availability of funds. 5 1 of the state s electricity usage in 2023 and declining thereafter.

Effective november 30 2012 all solar facilities are required to have a revenue grade meter and must report meter readings in order to produce srecs.