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
100 solar companies in New Jersey provide pricing on SolarReviews. Here are the best rated companies near you.
4.88 502 Reviews
SEW Fan, 4 days ago
We learned about Solar Energy World (SEW) through our neighbors in Arlington, VA. They seemed really happy with their install and we had a new electric car on the way and so wanted to explore the benefits. We were newbies and Zachary did a fantastic job of explaining how solar works (installation, cost, working with your power company, etc.). He also set realistic expectations of what we could expect. Using historical data from our electric bill images of our roof, pitch, trees, etc., Zachary pulled together a quote for us. He also had folks come out and inspect our roof which was 20 years old. Yep, we needed a new roof so we did everything at once-- through Zachary. Zachary was also super helpful in suggesting a easy to use way to finance the job (new roof and 38 panels). Zachary also helped us with timing to avoid potential cost increases and made it feel like a one stop shop (even though financing was with another company). Our job was probably medium difficulty to install as we have a detached garage and so additional lines had to be run. SEW did all of the engineering and presented us with a plan. Once we signed, we were off to the races. The installation was really well done and included great names like Silfab and Enphase. SEW made every effort to make the install look nice and SEW handled everything-- including inspection. We just had to be home to let workers/inspectors in. After the job was complete, Zachary and Erica did a fantastic job of answering our questions-- we still had many and so will you. They also went above and beyond in helping us to get our local power company to approve our system to maximize savings. SEW is legit and does not over promise. Honestly, we were disappointed initially when Zachary told us that 38 panels would not cover our entire electric bill. A lot of companies could tell you otherwise and simply not deliver. We knew up front that our installation would cover around 70% to 80% which was still worth it for us. Our installation is new enough where we are still tracking bills but electric prices have definitely dropped and now I can power my new EV truck with solar power which is incredibly efficient from both a cost and time perspective. There is a learning curve with solar in terms of design, installation, dealing with your power company and cost. Do your homework and ask a lot of questions. Definitely ask for Zachary and Erica-- they are a fantastic team and made our process so much easier. Would I use SEW again or recommend to a friend? The answer is an absolute yes-- and we have already done so. Great job Zachary, Erica and SEW!
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SEW Fan, 4 days ago
We learned about Solar Energy World (SEW) through our neighbors in Arlington, VA. They seemed really happy with their install and we had a new electric car on the way and so wanted to explore the benefits. We were newbies and Zachary did a fantastic job of explaining how solar works (installation, cost, working with your power company, etc.). He also set realistic expectations of what we could expect. Using historical data from our electric bill images of our roof, pitch, trees, etc., Zachary pulled together a quote for us. He also had folks come out and inspect our roof which was 20 years old. Yep, we needed a new roof so we did everything at once-- through Zachary. Zachary was also super helpful in suggesting a easy to use way to finance the job (new roof and 38 panels). Zachary also helped us with timing to avoid potential cost increases and made it feel like a one stop shop (even though financing was with another company). Our job was probably medium difficulty to install as we have a detached garage and so additional lines had to be run. SEW did all of the engineering and presented us with a plan. Once we signed, we were off to the races. The installation was really well done and included great names like Silfab and Enphase. SEW made every effort to make the install look nice and SEW handled everything-- including inspection. We just had to be home to let workers/inspectors in. After the job was complete, Zachary and Erica did a fantastic job of answering our questions-- we still had many and so will you. They also went above and beyond in helping us to get our local power company to approve our system to maximize savings. SEW is legit and does not over promise. Honestly, we were disappointed initially when Zachary told us that 38 panels would not cover our entire electric bill. A lot of companies could tell you otherwise and simply not deliver. We knew up front that our installation would cover around 70% to 80% which was still worth it for us. Our installation is new enough where we are still tracking bills but electric prices have definitely dropped and now I can power my new EV truck with solar power which is incredibly efficient from both a cost and time perspective. There is a learning curve with solar in terms of design, installation, dealing with your power company and cost. Do your homework and ask a lot of questions. Definitely ask for Zachary and Erica-- they are a fantastic team and made our process so much easier. Would I use SEW again or recommend to a friend? The answer is an absolute yes-- and we have already done so. Great job Zachary, Erica and SEW!
4.85 217 Reviews
Jason C., 5 days ago
If I could give more then 5 stars I would. I was shopping around and had bad experiences everything from no-show appointments to insane pricing. I met with Jeff on a monday and I stated I wanted a week to shop around. He did not pressure me or bother me and the following monday Jeff reached out to me and I told him that I would be going with his company. I expected a delay but within hours he went out if his way to come to my house and help get the process going. The entire process was very simple and to be honest over exceeded my expectations! The crews that came to the house for the install were very clean and professional. Jeffs ability to help me with simple issues of where I wanted the box conduit were quickly overcome. He is very accomodating and was open to listen to what I would like. I have people actually stop by to comment of how sleek the panels look and stated to me how they wish theres looked like that. In ending Jeff and his team made this entire process stress free. He was always willing to help when needed. Thankfully the way he is I really did’nt need much help but the very few times I reached out including on the weekend he did not hesitate to respond. There was no lack of communication with Jeff and his company. It was an absoulute stress free pleasure to have them do the solar in my house. I would HIGHLY recommend Jeff as the salesman!
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Jason C., 5 days ago
If I could give more then 5 stars I would. I was shopping around and had bad experiences everything from no-show appointments to insane pricing. I met with Jeff on a monday and I stated I wanted a week to shop around. He did not pressure me or bother me and the following monday Jeff reached out to me and I told him that I would be going with his company. I expected a delay but within hours he went out if his way to come to my house and help get the process going. The entire process was very simple and to be honest over exceeded my expectations! The crews that came to the house for the install were very clean and professional. Jeffs ability to help me with simple issues of where I wanted the box conduit were quickly overcome. He is very accomodating and was open to listen to what I would like. I have people actually stop by to comment of how sleek the panels look and stated to me how they wish theres looked like that. In ending Jeff and his team made this entire process stress free. He was always willing to help when needed. Thankfully the way he is I really did’nt need much help but the very few times I reached out including on the weekend he did not hesitate to respond. There was no lack of communication with Jeff and his company. It was an absoulute stress free pleasure to have them do the solar in my house. I would HIGHLY recommend Jeff as the salesman!
4.81 88 Reviews
Irina Lysenko, over 1 month
We installed solar panels in December of 2021. I decided to give time to the system to work to have a real valuable review. At this point I can sincerely tell that the company we used Solar ME did a great job.We don't have an easy simple situation. We have a lot of huge oak trees around the house and we did not want to cut them. Also our roof has a lot of different sections with different steep angles. So the trick was to find different parts of the roof which would be the most exposed to the sun and the house would still have a nice appearance. But we tried with Brian few different layouts until we came out with the most optimal version.All documentation approval and installation went very smoothly and fast. Jennifer was on the top of everything and coordinated communications with township and state certification.We paid upfront for our system and we are getting back payments from the state incentive program.The System works without any issues and we already produced in 2022 in 10 month 88% of our total yearly production. Our monthly bills are around $3, charged only for account maintenance.I Highly recommend Solar ME!
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Irina Lysenko, over 1 month
We installed solar panels in December of 2021. I decided to give time to the system to work to have a real valuable review. At this point I can sincerely tell that the company we used Solar ME did a great job.We don't have an easy simple situation. We have a lot of huge oak trees around the house and we did not want to cut them. Also our roof has a lot of different sections with different steep angles. So the trick was to find different parts of the roof which would be the most exposed to the sun and the house would still have a nice appearance. But we tried with Brian few different layouts until we came out with the most optimal version.All documentation approval and installation went very smoothly and fast. Jennifer was on the top of everything and coordinated communications with township and state certification.We paid upfront for our system and we are getting back payments from the state incentive program.The System works without any issues and we already produced in 2022 in 10 month 88% of our total yearly production. Our monthly bills are around $3, charged only for account maintenance.I Highly recommend Solar ME!
4.78 314 Reviews
Joshua Stein, 2 weeks ago
GPE was a pleasure to work with. During the sales process, they were informative without being the least bit pushy. Then, once I'd made the decision to move forward with GPE, they kept me well informed, and responded promptly to any questions or issues I had, throughout the design and installation process; they consistently came when they said they'd come, and did exactly what they said they'd do; they were punctual, reliable and extremely professional (even my neighbors commented on the professionalism of the installation crew); and they were always respectful of my family (and dog) during the installation process. I'd recommend GPE to anyone looking to install a solar system - they were really great.
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Joshua Stein, 2 weeks ago
GPE was a pleasure to work with. During the sales process, they were informative without being the least bit pushy. Then, once I'd made the decision to move forward with GPE, they kept me well informed, and responded promptly to any questions or issues I had, throughout the design and installation process; they consistently came when they said they'd come, and did exactly what they said they'd do; they were punctual, reliable and extremely professional (even my neighbors commented on the professionalism of the installation crew); and they were always respectful of my family (and dog) during the installation process. I'd recommend GPE to anyone looking to install a solar system - they were really great.
4.78 49 Reviews
Bryan, over 1 month
Impact Solar recently finished a solar array installation for my home. I highly recommend them. The whole process was seamless from initial quote to finished install. Jeff, Rob, and Sam were all communicative and professional. Prices are very reasonable and they do not utilize pushy sales tactics that I witnessed with some other solar companies. They did an awesome job with the installation and made sure that the wires were run cleanly with minimal impact to the façade of the house. Definitely give them a call!
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Bryan, over 1 month
Impact Solar recently finished a solar array installation for my home. I highly recommend them. The whole process was seamless from initial quote to finished install. Jeff, Rob, and Sam were all communicative and professional. Prices are very reasonable and they do not utilize pushy sales tactics that I witnessed with some other solar companies. They did an awesome job with the installation and made sure that the wires were run cleanly with minimal impact to the façade of the house. Definitely give them a call!
4.75 41 Reviews
Marissa, 3 weeks ago
George Nebrat was a true professional. He asked about my goals and needs, answered my questions (even the tricky ones), and was there every step of the process to make sure the project was done on time and kept ahead of any issues that did come up. Excellent communication and follow up. Always quick to respond to questions even on off hours. Highly recommended.
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Marissa, 3 weeks ago
George Nebrat was a true professional. He asked about my goals and needs, answered my questions (even the tricky ones), and was there every step of the process to make sure the project was done on time and kept ahead of any issues that did come up. Excellent communication and follow up. Always quick to respond to questions even on off hours. Highly recommended.
4.72 491 Reviews
Jon, 8 hours ago
Excellent installation team. I believe their name is muffin men?
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Jon, 8 hours ago
Excellent installation team. I believe their name is muffin men?
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 45 Reviews
Vinod Krishnamoorthyu, over 1 month
I have read about the transition to Solar and had got the quote from few other providers. While other providers were trying to upsell their product and finance options, Jordan from SAVKAT was very professional and his first meeting with me was very open to tell me that the project is not likely to have the expected ROI for the electricity rates in my City. Since I was in the market for EV, wanted to pursue this further and requested Jordan to give me a quote anyways and he worked with me addressing all my needs to share various option to address my current and future needs. The one stop shop for all Solar needs and warranty provided by SAVKAT (SunPower) made this deal a preferred option for me and from the time I signed the contract with them the communication was follow up constantly by the various people involved from SAVKAT and coordinated by Jordan all along. The team was quite professional and took care of all the formalities and the pre-inspection, installation and inspection process seamlessly to secure the activation ahead of time. Jordan has continued to stay in touch to share updates about the App and also about the functioning of the installation. Overall I am a very happy customer and strongly recommend SAVKAT
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Vinod Krishnamoorthyu, over 1 month
I have read about the transition to Solar and had got the quote from few other providers. While other providers were trying to upsell their product and finance options, Jordan from SAVKAT was very professional and his first meeting with me was very open to tell me that the project is not likely to have the expected ROI for the electricity rates in my City. Since I was in the market for EV, wanted to pursue this further and requested Jordan to give me a quote anyways and he worked with me addressing all my needs to share various option to address my current and future needs. The one stop shop for all Solar needs and warranty provided by SAVKAT (SunPower) made this deal a preferred option for me and from the time I signed the contract with them the communication was follow up constantly by the various people involved from SAVKAT and coordinated by Jordan all along. The team was quite professional and took care of all the formalities and the pre-inspection, installation and inspection process seamlessly to secure the activation ahead of time. Jordan has continued to stay in touch to share updates about the App and also about the functioning of the installation. Overall I am a very happy customer and strongly recommend SAVKAT
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.
For more information about going solar near where you live, check out the following resources: