
Act Now!
While there are several New Jersey solar incentives to reduce project costs for business owners, the REAP grant offers the most significant cost reduction for a commercial solar system. USDA's 50% rebate on your solar energy system is one of the best incentives offered in the history of the solar industry. So take advantage of the USDA's REAP Grant in NJ while it is still available. Fill out our interest form to get started!
Solar Incentives in New Jersey
Through the Successor Solar Incentives (SuSI) program, New Jersey commercial property and business owners with solar panel systems can receive rebates for selling renewable energy credits (called SREC-IIs) at $90 per SREC-II to utility companies.
New Jersey offers a 100% sales tax exemption for solar system equipment, allowing businesses to save Iowa's 6.625% sales tax.
In New Jersey, the added value of a solar system on a commercial building are exempt from the state's property tax for 5 years.
The REAP Grant is available in:
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