New Jersey

Solar & Net Metering Policy

Available

Net Metering

None

State Tax Credit

30%

Federal ITC

Active

SREC Market

Full Policy Details

Net Metering AvailableYes

Net Metering RateRetail rate

State Tax CreditNone

Federal ITC (30%)Applies

SREC MarketActive

Utility RebatesNone

Property Tax ExemptionYes

Sales Tax ExemptionYes

Interconnection StandardBPU standardized interconnection

Net Metering Notes

Mandated for utilities until total state net metered capacity reaches 5.8% of peak demand.

SREC Market Details

Successor Solar Incentive (SuSI) Program / Administratively Determined Incentive (ADI) pays per MWh generated.

Official Source

New Jersey Public Utility Commission

Last verified: 2026-03-24 · Always confirm current incentives before installing solar.