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
98 solar companies in New Jersey provide pricing on SolarReviews. Here are the best rated companies near you.
4.82 410 Reviews
Diane G, over 1 month
Green Power Energy has been helpful and responsive from the beginning of our journey with Solar Energy in NJ. They respond both by phone and e-mail. The installation went smoothly and the panels are fully operational.
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Diane G, over 1 month
Green Power Energy has been helpful and responsive from the beginning of our journey with Solar Energy in NJ. They respond both by phone and e-mail. The installation went smoothly and the panels are fully operational.
4.81 54 Reviews
Joe, over 1 month
I was referred to Public Service Solar and I still thank my friend. From start to finish PSS was great, they file all the paperwork, they do not use sub contractors, everything is done in house. Communication was great and any questions I had were answered promptly. So glad that I chose Public Service Solar.
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Joe, over 1 month
I was referred to Public Service Solar and I still thank my friend. From start to finish PSS was great, they file all the paperwork, they do not use sub contractors, everything is done in house. Communication was great and any questions I had were answered promptly. So glad that I chose Public Service Solar.
4.80 46 Reviews
DaveB, over 1 month
20 REC 450 Watt Panels (~9KW) in Dec 2025 Working with ColdStream to get my Solar project planned, permitted, installed and online was a very professional experience. Greg, Evan and the entire team kept me in the loop on all steps from HOA approval to County Approval to Interconnect and Net Metering with AES. We had a few items outside of anyone’s controls (Panels I wanted were caught up in Supply side issues). The ColdStream team came up with work arounds so we could hit the end of December Operational timeline to ensure I received the tax incentives before they expired. System was installed and online by the 10th and AES and the County gave final approvals by the 15th. The ColdStream Team had to deal with a lot of questions from me (I am an Engineer and Electrician) and they were patience and provided knowledgeable and full answers to all questions. This was one of the best home update projects in years and that is all to the team from ColdStream. I could not have asked for a better outcome. I fully recommend them to anyone looking to add Solar to their home or Business. DaveB
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DaveB, over 1 month
20 REC 450 Watt Panels (~9KW) in Dec 2025 Working with ColdStream to get my Solar project planned, permitted, installed and online was a very professional experience. Greg, Evan and the entire team kept me in the loop on all steps from HOA approval to County Approval to Interconnect and Net Metering with AES. We had a few items outside of anyone’s controls (Panels I wanted were caught up in Supply side issues). The ColdStream team came up with work arounds so we could hit the end of December Operational timeline to ensure I received the tax incentives before they expired. System was installed and online by the 10th and AES and the County gave final approvals by the 15th. The ColdStream Team had to deal with a lot of questions from me (I am an Engineer and Electrician) and they were patience and provided knowledgeable and full answers to all questions. This was one of the best home update projects in years and that is all to the team from ColdStream. I could not have asked for a better outcome. I fully recommend them to anyone looking to add Solar to their home or Business. DaveB
4.77 89 Reviews
Mark, over 1 month
Solar Me's installers, engineers and customer service staff were very professional, knowledgeable and courteous. Work was completed on time with no problems. System works great.
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Mark, over 1 month
Solar Me's installers, engineers and customer service staff were very professional, knowledgeable and courteous. Work was completed on time with no problems. System works great.
4.72 83 Reviews
DanielleD, over 1 month
We had our solar panels installed by Savkat in May 2025. The installation was done according to the plan / timeline and we have started seeing $0 electric bills. There were however, two disappointing issues that leave me worried about their commitment to their customers: 1. My son and his family installed their panels first. His sales person promised him a $1,000 referral fee if he introduced us and we bought our panels from Savkat. He did introduce us and despite multiple calls / texts to Brad, he does not respond and my son has never received the referral fee. 2. The initial setup was somehow ‘accidentally reversed’ and for the first month our bill was doubled. Eversource verified the issue and Savkat came out and fixed it. I have asked to be reimbursed for the overage we had to pay, but until today, no one is even responding. I own a business and feel strongly that you should honor your word to your customers. I now wonder whether they would honor a warranty. You have other solar companies to choose from - choose one that will care about you after you finish paying for your panels.
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DanielleD, over 1 month
We had our solar panels installed by Savkat in May 2025. The installation was done according to the plan / timeline and we have started seeing $0 electric bills. There were however, two disappointing issues that leave me worried about their commitment to their customers: 1. My son and his family installed their panels first. His sales person promised him a $1,000 referral fee if he introduced us and we bought our panels from Savkat. He did introduce us and despite multiple calls / texts to Brad, he does not respond and my son has never received the referral fee. 2. The initial setup was somehow ‘accidentally reversed’ and for the first month our bill was doubled. Eversource verified the issue and Savkat came out and fixed it. I have asked to be reimbursed for the overage we had to pay, but until today, no one is even responding. I own a business and feel strongly that you should honor your word to your customers. I now wonder whether they would honor a warranty. You have other solar companies to choose from - choose one that will care about you after you finish paying for your panels.
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.
4.70 689 Reviews
Chris Sales, over 1 month
I had a great experience with Carson’s team from Solar Energy World. When we decided to go solar, we contacted 4 companies to give us quotes. Carson from SEW came highly recommended by a neighbor friend. From the start, he was very professional and came in prepared for our meeting. He answered all our questions. He took the time to make sure that we understand how solar works and it can benefit us now and it the long run. He was also easily accessible through text, call or email for follow up inquiries. The installation was straightforward, the installation team were professional and efficient as well. Carson was there for the whole process including making sure we are properly connected to the grid and be able to see our connectivity (production, consumption, export and import of energy). He and his team guided us through it all. I highly recommend Solar Energy World for people that are looking into getting solar panels for their home or business.
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Chris Sales, over 1 month
I had a great experience with Carson’s team from Solar Energy World. When we decided to go solar, we contacted 4 companies to give us quotes. Carson from SEW came highly recommended by a neighbor friend. From the start, he was very professional and came in prepared for our meeting. He answered all our questions. He took the time to make sure that we understand how solar works and it can benefit us now and it the long run. He was also easily accessible through text, call or email for follow up inquiries. The installation was straightforward, the installation team were professional and efficient as well. Carson was there for the whole process including making sure we are properly connected to the grid and be able to see our connectivity (production, consumption, export and import of energy). He and his team guided us through it all. I highly recommend Solar Energy World for people that are looking into getting solar panels for their home or business.
4.67 52 Reviews
Barbara, over 1 month
I wish every contractor was as efficient, knowledgable and competent as Impact Solar. Every detail from the timeliness of their initial response to the quality of the work, the price and overall convenience was perfect in every way. No complaints. Highly recommend. I needed repairs but my system is older and I know who I'll be calling when I'm ready to replace my current system. This is how it should be done, period.
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Barbara, over 1 month
I wish every contractor was as efficient, knowledgable and competent as Impact Solar. Every detail from the timeliness of their initial response to the quality of the work, the price and overall convenience was perfect in every way. No complaints. Highly recommend. I needed repairs but my system is older and I know who I'll be calling when I'm ready to replace my current system. This is how it should be done, period.
4.61 14 Reviews
Anonymous, over 1 month
The crew at Ace Solar worked to explain everything about solar panels. Installation was delayed by having to get permits from the town but once that was done everything was installed in one day. We have had them for 2 years now and are very happy.
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Anonymous, over 1 month
The crew at Ace Solar worked to explain everything about solar panels. Installation was delayed by having to get permits from the town but once that was done everything was installed in one day. We have had them for 2 years now and are very happy.
4.58 39 Reviews
Tommy Azz, over 1 month
Bill and his crew did a fantastic job. Finish the job early. At a reasonable price. Now I’m reaping the rewards of Ocean Solar. Highly recommended. Very professional.
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Tommy Azz, over 1 month
Bill and his crew did a fantastic job. Finish the job early. At a reasonable price. Now I’m reaping the rewards of Ocean Solar. Highly recommended. Very professional.
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