Facebook Ad Bing Ad

The New Jersey TREC Program is Live (Infographic)

Green Bolt
What Is Going on with NJ SRECs?

In May 2020 New Jersey launched a new solar incentive program, the Transition Program Renewable Energy Credits. The NJ TREC is the transitional program from the original SREC program. 

A TREC is a sellable certificate that represents all the clean energy benefits of the electricity generated. A TREC is awarded each time a solar electric system generates 1,000 kilowatt hours (1 MWh) of solar electricity, which then can be sold for cash.

NJ TREC’s will hold a fixed-price value for a 15 year time period. The price of a TREC is $91.20 for residential solar projects and $152 for roof-mounted commercial solar projects. For the first time in New Jersey, solar energy producers will know that their incentive price is guaranteed.

This new fixed-price structure offers more confidence in the incentives and additional revenue that comes with New Jersey solar systems for both residential and commercial solar projects. Take advantage of this never before incentive in New Jersey while it lasts!

Facebook
Twitter
LinkedIn
Pinterest
Lead-Acid vs. Lithium Batteries: Which Solar Battery Storage is Good for East Brunswick Homes?
Lead-Acid vs. Lithium Batteries: Which Solar Battery Storage is Good for East Brunswick Homes?

Homeowners are increasingly choosing to add battery storage to their solar power installation. When considering solar battery storage, you will always come down to the question: Should I choose a lead-acid battery or a lithium-ion battery? After all, these are the two most popular home storage batteries available in the market, and here is everything you need to know to make a decision.

Read More »
Will Solar Solutions Become More Affordable Over Time in Cedar Park?
Will Solar Solutions Become More Affordable Over Time in Cedar Park?

Green energy supporters in the U.S. who also support local economies have always been conscious of the fact that the majority of solar panels in the country are imported. They had an uneasy choice presented before them: choose green energy or support the local economy? What’s more, the imported solar panels were cheaper than the locally sourced solar panels too, tilting the balance in favor of foreign players.

Read More »

Get Started Today

Let’s talk about potential solar opportunities. We offer free, no obligation quotes to get you started on your solar journey.

If you’d like to talk with us outside of getting a quote then please reach out to us using our contact page.

"By hitting submit you recognize that we may contact you using phone, email, and/or text in regards to your inquiry. Please refer to our privacy policy for more information."
@ 2023 GREEN POWER ENERGY (844) 584-0008
47 East Street Annandale, NJ 08801

42 Ozick Dr, Suite 3, Durham, CT 06422

2112 Holly St, Austin, TX 78702

NJ HIC #13VH05559800

NJ ELC #34EB01151200

PA HIC #PA128259
CT HIC #0656622
CT ELC.0205319-E1
TECL #37773