Jersey Solar Panels
Save money while saving the planet.
Jersey solar panels. New jersey is a longtime leader in solar energy and has some of the best incentives in the nation. New jersey is one of the top states to install solar in the nation. At nj solar we pride ourselves on matching state of the art technology to your financial and energy needs. The garden state continues to incentivize people to go green with a top renewables portfolio standard a strong net metering program significant tax exemptions and solar renewable energy certificates.
The term free solar panels is typically used to advertise solar lease or solar power purchase agreements ppas. On top of these revenue streams new jersey has also granted residential solar a couple tax breaks to help keep the costs down. New jersey solar power overview. Solar power in new jersey has grown significantly increasing from less than 50 megawatts mw in 2007 to over 2 800 mw in 2018 such that solar power provided 4 17 of the state s electricity consumption.
That means you ll. Free solar in new jersey. The cost of solar panels in new jersey for the average sized 7 2 kw solar panel system in new jersey the cost comes out to about 3 20 per watt or 23 040 before incentives. Free solar panels are not actually free.
Sun works have powered more homes with solar around jersey than any other firm. New jersey solar panel tax credits. Our solar panels are low profile and durable quietly converting sunlight to energy for decades to come. The average home in new jersey needs a 7 2 kw solar panel system to meet its energy needs.
When you go with new jersey solar power you re getting new jersey s foremost experts in solar energy. We provide solar pv to commercial and residential properties. This is aided by a renewable portfolio standard which requires that 22 5 of new jersey s electricity come from renewable resources by 2021 and by one of the most favorable net metering. You will pay for the electricity that they produce usually under a 20 to 25 year solar lease or power purchase agreement ppa.
New jersey solar power llc has been there since the beginning of the solar energy revolution of nj. Solar sales tax exemption. High electricity rates the federal tax credit net metering and the state s transitional renewable energy credit program means that homeowners in the garden state can get an excellent return on their investment when installing residential solar panels. 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.