New Jersey Solar Incentives & PSE&G Focus

Federal Incentives

• 30% Federal ITC still applies.

State Tax Credits / Rebates

• Sales & Property Tax Exemption on solar systems sfgate.comsouthern-energy.com+2energysage.com+2energysage.com+2.
• Successor Solar Incentive (SuSI) (replaces SREC II): ~ $85/SREC for each 1 MWh generated energysage.com.
• NJCEP provides financing, rebates through PSE&G solar loan ($100M offering) mesaaz.gov+13njcleanenergy.com+13nj.pseg.com+13.

Net Metering

• Full retail net metering with rollover credits for annual usage; excess beyond year’s demand sold at wholesale rate energysage.com+1solarreviews.com+1.

Utility / Local Programs

• PSE&G Community Solar Energy Program: Subscribers get bill credits from shared facilities nj.pseg.com.
• PSE&G Solar Loan Program: Financing option for home & business solar .
• Other utilities (Atlantic City Electric, JCP&L) support community solar under NJCEP umbrella.

Time-Sensitive Promotions

• SuSI blocks close when capacity targets are hit—apply quickly.
• PSE&G loan availability may vary; inquire early.
• SREC pricing fluctuates—install when market values peak.