Nationwide Home Solar Power Contractors and Information
New Jersey is widely credited as one of a few states setting the bar for solar installation incentives. With an aggressive Renewable Portfolio Standard (RPS) and a very lucrative state rebate program, Jersey has been pushing hard to overcome its historic reputation as a rather "muddy" state. It's been succeeding thanks to an RPS requiring 22.5% of public utility power to come from renewables by 2021 (including a minimum 2.12% solar electricity by 2021).
Yet exactly how to accomplish these goals is still up for debate in New Jersey, leading the state to where it sits now – in a state of transition and uncertainty in how best to reach a renewable benchmark. Here is how the state rebates for New Jersey break down, including one huge but temporary snag.
Solar Energy Sales Tax Exemption
Property Tax Exemption for Renewable Energy Systems
REBATES & INCENTIVES
Renewable Energy Incentive Program (REIP)
State Renewable Energy Certificates (SRECs)
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We chose Astrum Solar because they had the total package. They thought through everything, all possible scenarios, even moving. Two key selling points for us were that they offer microinverters and that they offer upfront payments for the value of your energy credits. It was a turnkey operation. They handled the entire thing, from the time I signed the contract to the point where I had a functioning system. I’m really busy, so the fact that Astrum Solar handled all the paperwork for the energy grants was incredibly valuable.
Very Professional, they met all their commitments & were very pleasant to work with.