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Solar Panels for Home

Looking for a way to reduce your home’s energy costs? Solar is a great option to consider, especially since electric costs in New Jersey are among the highest in the country. And with solar, you’ll make a positive impact on the environment.

Getting started is easy. Request a quote online or call our customer service department toll free at 877-466-3657.

While researching your options with NJR Home Services, be sure to also read about possible tax credits, Solar Renewable Energy Certificates (SRECs) and net metering.1

By choosing NJR Home Services, you’ll receive expert help from our team of professionals who will work with you to determine the most efficient, customized solar panel system for your home. Both roof- and ground-mounted systems will be considered, taking into account available space and sunlight.

If you’re looking for financial flexibility when it comes to purchasing solar panels for home, we have payment options, including same-as-cash financing to qualified homeowners. We’ll help you find the right plan for  your situation and budget. We also encourage you to review the following federal and state incentives:

Federal Tax Credit: Investment Tax Credits (ITC) allow individuals to deduct 30 percent of the cost of a solar system from individual federal income taxes.1

Property Tax Exemptions: Under current New Jersey law, certified renewable energy systems are exempt from local property taxes. This means that the owner of a home equipped with a solar energy system may be exempted from the assessed valuation of the home - a sum equal to the assessed valuation of the home with the solar energy system included - minus the assessed valuation of the home without the solar energy system included.1

Municipal and Utility Rebates: In addition to the federal and state incentives, many local municipalities and utilities also offer incentives. Please check out the Database of State Incentives for Renewables and Efficiency for details.1

Solar Renewable Energy Credits (SRECs): Through New Jersey’s Clean Energy Program™, homeowners can benefit from SRECs, a type of clean energy credit in the form of a tradable certificate. SRECs can be sold or traded separately from the power, thus providing solar system owners a source of revenue to help offset the cost of installation.   

Sales-Tax Exemptions: Materials and installation fees are not taxed.1

All programs are subject to change without notice.

Ready to get started? Contact us today at 877-466-3657 or submit a quote request form and a solar energy professional will help you learn all about the advantages of solar energy.

1Please note that NJR Home Services cannot provide tax advice. For tax advice, please consult your tax advisor or the IRS at irs.gov  or the New Jersey Division of Taxation at state.nj.us/treasury/taxation/

 
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