Nj Solar Panels For Your Home

Nj solar panels is based out of bergen county new jersey and is the leading specialist when it comes to energizing your home with solar.

Nj solar panels for your home.

High electricity rates the federal tax credit net metering and the state s transitional renewable energy credit program means that homeowners in the garden state can get an excellent return on their investment when installing residential solar panels. When you purchase your home solar system you will be 100 percent exempt from any sales tax due to the pv energy sales tax exemption. New jersey solar power overview. The cost of solar panels in new jersey for the average sized 7 2 kw solar panel system in new jersey the cost comes out to about 3 20 per watt or 23 040 before incentives.

The solar renewable energy credit srec program rewards you for each 1000 kilowatt hours kwh of solar power your system produces which is then sold to local utility companies. When you go with new jersey solar power you re getting new jersey s foremost experts in solar energy. New jersey is one of the top states to install solar in the nation. New jersey offers a good selection of solar incentives for residents who invest in solar.

New jersey solar incentives tax credits and rebates. That means you ll. New jersey solar power llc has been there since the beginning of the solar energy revolution of nj. Solar power purchase agreement ppa you buy the power your panels produce and your solar system provider maintains ownership of the panels.

Solar leases and ppas are different you won t own your panels or be eligible to claim the federal tax credit. The average home in new jersey needs a 7 2 kw solar panel system to meet its energy needs. New jersey solar panel tax credits. On top of these revenue streams new jersey has also granted residential solar a couple tax breaks to help keep the costs down.

Give us a call and by answering a few simple questions we can see if you qualify for a solar panel system. Solar sales tax exemption. That is a profit of 32 281 for the median valued home in that state.