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GO SOLAR IN NJ AND START SAVING!

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Available Purchase Offerings in New Jersey:

Cash Purchase, $0 Down Solar Loan, $0 Down Solar Lease.

Available Products in New Jersey:

Home Battery Installation, EV Charging Installation

New Jersey Solar Incentives

SREC-II

SREC stands for Solar Renewable Energy Certificate. An SREC is a sellable certificate that represents all the clean energy benefits of the electricity generated by a solar electric system. Each time a solar electric system generates 1,000 kilowatt-hours of electricity, an SREC is issued which then can be sold for cash. A grid-connected solar electricity system in New Jersey is eligible to collect SRECs on all energy produced by the system for a 15-year period. The price of an SREC is fixed at a predetermined price based on sector. For residential solar systems, the SREC is fixed at $90.00.

Net Metering

Net Metering is a billing mechanism which allows grid- tied solar producers to put electricity that they do not use from their solar array back into the grid. When the solar produces more power than the site needs, the utility meter spins backwards, and the account holder will have a credit against future energy use. The solar producer is then billed for their total “net” usage at the end of the month, which is the balance between the power pulled from the grid and the power put back into the grid.

Federal Solar Tax Credit (ITC)

The Solar Investment Tax Credit (ITC) is a dollar-for-dollar federal tax credit which reduces a person or business’ tax liability based on the amount they have invested in a solar energy project. The residential and commercial ITC are both worth 26% of a solar project’s cost though 2022. For example, a $10,000 solar electricity system will be eligible for a $2,600 federal tax credit. Customers that purchase or finance their system through a solar loan are eligible for this incentive.

News

We would like to share this knowledge with you to illustrate what we offer and how it can impact you. Both by lower monthly bills and helping reduce impacts to the environment.

Solar Power Tips for Bucks County Residents

Bucks County residents have been increasingly embracing solar to meet their daily energy needs. Although their reasons vary from environmental consciousness to financial prudence, there is a consistently growing interest in home solar systems across the county. 

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