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|
Solar Energy New Jersey State Incentives
|
New Jersey Customer Sited Renewable Energy
Rebates |
|
Technology |
Rebate Amounts |
| Photovoltaics |
Determined by system capacity and current
schedule of incentive. |
| Landfill Gas |
| Wind |
Determined by system performance. |
| Anaerobic Digestion |
|
| Biomass |
Max. Incent. 30% of installed costs. |
| Fuel Cells using Renewable Fuels |
|
For your system to qualify, it must be new in condition, must have at
least a 5 year warranty on it, and must comply with all performance and
safety standards. PV systems have additional requirements. |
|
|
|
This is a simple summary of the rebate amounts offered by the State of
New Jersey for Customer Sited Renewable Energy Systems. To view the full
details, follow
this link. |
Summary:
Eligible technologies and systems include fuel cells, photovoltaic (PV)
systems, small wind-energy systems and/or sustainable biomass-energy
technologies. Systems must have at least a five-year, all-inclusive
warranty. Eligible systems should be sized to produce no more than 100%
of the historical or expected (if new construction) amount of
electricity consumed at a system's site. It is important to note that
system capacity limits and rebate amounts (including those for system
additions) are calculated on a "per site" basis. In other words, for
program purposes multiple systems on the same parcel or located on
adjacent or contiguous properties under common ownership are aggregated
together as a single system.
In addition, effective January 28, 2008, all agricultural, commercial,
industrial, non-profit and SUNLIT customers must apply for a receive a Tax
Clearance Certificate from
the New Jersey Division of Taxation in order to be eligible for
financial assistance under this program. The objective of this new
requirement is to ensure that all recipients of taxpayer funded support
are in full compliance with their state tax obligations. This mandate
does not affect residential customers.
The New Jersey Clean Energy Program web site provides all application
materials, complete funding schedules and information about current
incentive levels.
New Jersey's 1999 electric restructuring legislation provides for
investments in energy efficiency and renewable energy through a
"Societal Benefits Charge" (SBC) collected from all customers of
electric public utilities. In March 2001, the New Jersey Board of Public
Utilities (BPU) approved funding for renewable-energy programs,
including a customer-sited renewables rebate program for homes,
businesses, institutions and non-profits.
Note: The rebate amounts listed below are available for the 2009
program year applications. Photovoltaic (PV) systems that are not
eligible to receive rebates remain eligible to generate Solar
Renewable Energy Certificates (SRECs) and
may be eligible for specialized programs based in the SREC market. Click here for
further details on the individual utility programs and an FAQ on how the
programs will generally operate. |
|
Above is a cut-down summary explaining some broad details of the
program. |
|
You may find the full summary, plus many other New Jersey state rebate
programs at this
website. |
|
|
