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New Jersey · Updated August 2026
New Jersey solar incentives in 2026
Every solar incentive a New Jersey homeowner can actually use in 2026, including SREC-II under the SuSI program, the sales and property tax exemptions, and full net metering.
SuSISuccessor Solar Incentive — the SREC replacementRanked #1 by Solar Power World · Inc. 5000 · 20,000+ installations
The numbers
What New Jersey actually offers in 2026
| Measure | Current | Detail |
|---|---|---|
| SREC-II under SuSI | Per-MWh certificate | Fixed price, 15-year term |
| State sales tax exemption | Full | 7% saved on equipment and installation |
| Property tax exemption | 100% | The added home value is not taxed |
| Net metering | 1:1 retail | Among the stronger policies in the region |
| Federal residential credit (25D) | Ended | For systems purchased after Dec 31, 2025 |
Figures as published August 2026. Utility rates change on published schedules — check your own bill for the rate that applies to your account.
Why the number is what it is
SuSI replaced the old SREC market
New Jersey closed its legacy SREC program to new entrants and replaced it with the Successor Solar Incentive — SuSI. Residential systems earn SREC-IIs at a fixed price over a 15-year term, which removes the price volatility that made the old market hard to plan around.
A fixed certificate price is worth less upside than a hot SREC market but far more certainty, and it makes the 20-year math something you can actually rely on.
The tax exemptions are the quiet advantage
New Jersey exempts residential solar from the 7% state sales tax and exempts the added home value from property tax entirely. New Jersey does neither.
On a $25,000 system that is roughly $1,750 saved at purchase plus no property tax consequence for the value the system adds — a structural difference in the cost of ownership between two neighboring states.
The federal residential credit ended. Here is what that actually means.
The 30% federal Residential Clean Energy Credit under Section 25D ended for systems purchased after December 31, 2025. If you buy a system with cash or a loan in 2026, you cannot claim it. Any site still advertising "30% federal tax credit" for a homeowner purchase is running outdated information.
What remains is Section 48E, the commercial investment credit. It applies to third-party-owned systems — leases and power purchase agreements — where the system owner claims it rather than the homeowner. That is precisely what makes $0-down possible: the credit stays with whoever owns the equipment, and under a PPA that is not you.
We would rather tell you that plainly than let you find out at tax time.
Two ways to pay for solar, and they are very different
If you buy the system
You own the equipment, you keep any renewable energy credits, and you carry the maintenance responsibility. Installed pricing varies by roof, shading and system size.
If you use a PPA
$0 upfront. We install and own the system; you buy the power it produces at a rate set in your agreement, and you only pay for what it actually generates. The system owner carries maintenance for the life of the agreement.
The residential federal tax credit (25D) ended for systems purchased after December 31, 2025.
You will still see ads promising a 30% credit that “ends December 31.” Read the date on them. If you buy a system today as a homeowner, you cannot claim that credit. What remains applies to the owner of the system — which, under a PPA, is us. SolarAmerica does not provide tax advice; talk to your tax professional about your situation.
Who you would be working with
SolarAmerica
We design your system and manage the project; installation is performed by vetted licensed partners in your area.
New Jersey questions
The things people actually ask
Why is New Jersey's Price to Compare lower than PPL's but the all-in rate higher?
Because the two numbers measure different things. New Jersey's supply charge is lower; its distribution charges and riders are higher. What matters to your budget is the all-in figure — your bill divided by your kilowatt-hours.
How often does this change?
Four times a year: March, June, September and December.
Can I shop for supply?
Yes. New Jersey is deregulated, and switching suppliers changes only the supply portion of your bill.
See what your roof and New Jersey actually add up to
About 60 seconds. No cost, no obligation, and we will tell you if solar does not make sense for your home.
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