4.9/5 from 7,075 UK customer reviews4.9/5 · 7,075 UK reviews

New Jersey solar incentives in 2026

New Jersey pays you for every megawatt-hour your system generates, for 15 years, on top of full retail net metering.

Homeowners Solar Funding Checker Three questions, about a minute.

Which funding routes are open at your address?

Your ZIP tells us which utility serves you and which state rules apply. The other two tell us whether solar is worth modelling on your home at all.

Do you own the property?

Roughly what is your average monthly electric bill?

ZIP code

Where should we send it?

This is a funding check, not an application.

Your name

Phone number

We call you about residential solar funding. Your details only go to an installer if you ask us to on that call. Privacy Policy · Your Privacy Choices.

Checking your ZIP code against installer coverage
Identifying your electric utility
Looking up the incentives that apply in your state
Putting your details together

That ZIP code is outside the areas we list

Our installer partner covers New Jersey and Connecticut statewide, Long Island plus Queens, Brooklyn, the Bronx and Staten Island in New York, and Southwest Florida. The ZIP code you entered is not on that list.

Listed ZIP codes and a real service area do not always line up exactly, and coverage changes, so it is worth a proper check rather than a lookup. You can carry on and we will check your address against the installer's current area and call you either way. If nobody can cover you, we will say so on that call and we will not pass your details to anyone who cannot serve you.

See exactly where we do cover, or read what happened to the federal tax credit.

Solar has to be agreed by whoever owns the roof

We are not able to help renters, and we would rather say so at question two than take your phone number first. If you can speak to your landlord or building owner, they are welcome to come back to us themselves.

In the meantime, if your electric bill is the problem, your utility almost certainly runs an energy assistance or efficiency program that is open to renters. It is worth a call to them.

4.9/5 from 7,075 UK customer reviews4.9/5 · 7,075 UK reviews

Both leases and power purchase agreements are permitted in New Jersey
Covering 547 ZIP codes across New Jersey
Utilities served: PSE&G, JCP&L, Atlantic City Electric, Rockland Electric
Every figure below carries the regulator or utility source it came from

Independent, not a government agency Updated August 11, 2026

The American arm of Solar Panel Funding Ltd, which has helped homeowners find routes into solar in the United Kingdom since 2018. The 4.9/5 Trustpilot rating above is from 7,075 UK customers of the UK company, not from US customers. We have no US reviews yet and will not pretend otherwise. Why we show it anyway.

What is actually available

Every New Jersey incentive, with its source

Several high-ranking comparison sites are quoting New Jersey figures that changed months ago. Where that is the case we have said so and linked the primary source so you can check it yourself.

Incentive	What it is worth and how it works
Administratively Determined Incentive (SREC-II) Live	$77 per MWh, guaranteed 15 years Under the Successor Solar Incentive program, a net-metered residential system earns one SREC-II per megawatt-hour generated. By Order dated May 21, 2026 the Board of Public Utilities cut the residential rate from $85 to $77 per MWh for all registrations received on or after July 27, 2026. The rate is fixed at your registration date and runs for 15 years. It is paid in addition to net metering, not instead of it. Capacity is allocated in annual blocks and is a genuine constraint, not a marketing device. Residential was allocated 285 MW in EY2026 rising to 300 MW in EY2027, and registrations were running at roughly 5.2 MW a week in April 2026. Source: NJ BPU Order, 21 May 2026, Agenda Item 8C, Docket Nos. QO20020184 and QO26030096
Net metering at full retail rate Live	1:1 retail credit New Jersey's investor-owned utilities credit excess generation at the full retail rate, with an annual true-up. The ADI incentive and net metering run simultaneously and independently. Source: NJ Clean Energy Program
Sales and use tax exemption Live	6.625% exempt Full exemption from New Jersey sales and use tax on solar energy systems, applied automatically at point of sale. Source: N.J.S.A. 54:32B-8.33; DSIRE program 219
Property tax exemption Live	100% of added value The value a solar system adds to your property is 100% exempt from property tax. Requires a certificate from your local assessor. Source: N.J.S.A. 54:4-3.113a

Federal, state, local and utility incentives change, and many have ended or been reduced. The federal residential clean energy tax credit (Internal Revenue Code section 25D) is not available for systems placed in service after December 31, 2025. Eligibility for any remaining incentive depends on your individual circumstances, tax position, property and utility. We do not provide tax, legal or financial advice. Consult a qualified tax professional.

Aerial view of an American suburban neighbourhood with solar arrays on several roofs — Illustrative photography.

Coverage

Where we cover in New Jersey

Our installer partner covers New Jersey statewide, across all 21 counties, from Bergen and Passaic in the north to Cape May and Cumberland in the south.

Check my ZIP code

Paying for it

Four routes, and which ones work in New Jersey

$0 upfront

Lease or PPA

Both structures are available in New Jersey. A finance company owns the system, claims the federal credit, and charges you monthly.

How this works →

Loan, prepaid or cash

You own the system. Since the federal credit ended for buyers, the case for owning rests entirely on New Jersey's own incentives and on your electricity rate.

Compare all four →

What “no upfront cost” means. “No upfront cost” and “$0 down” refer to qualifying solar lease or power purchase agreement (PPA) financing, under which eligible homeowners may have no out-of-pocket cost at the time of installation. Solar panels are not free. Under a lease or PPA a third-party finance company owns the system and the homeowner makes monthly payments, typically over a 20 to 25 year term, often with an annual price escalator. Total payments may exceed the cash price of a comparable system. Eligibility depends on homeownership, credit, roof condition, shading, utility provider, location and other underwriting factors, and is not guaranteed.

FAQs

New Jersey solar questions

What is an SREC-II worth in New Jersey right now?

$77 per megawatt-hour for residential registrations received on or after July 27, 2026, guaranteed for 15 years from your registration date. That figure comes from the Board of Public Utilities Order of May 21, 2026, which cut it from $85. Several comparison sites still quote $85, or $76.50 from March 2026. Both are wrong.

Is there a New Jersey solar grant?

No. There is no residential solar grant in New Jersey. What exists is a set of state incentives, tax exemptions and financing structures, all of which are set out on this page with the source for each figure. Any website offering you a New Jersey solar grant is using a word that does not describe anything real here.

Can I still get the 30 percent federal tax credit in New Jersey?

Not if you are buying the system. Section 25D was terminated for anything placed in service after December 31, 2025. The 30 percent still exists under Section 48E but it is claimed by the company that owns the system, which means a lease or PPA finance company. Full explanation here.

How much of New Jersey do you cover?

Our installer partner covers New Jersey statewide, across all 21 counties, from Bergen and Passaic in the north to Cape May and Cumberland in the south.