New Jersey Solar Renewable Energy Credits (SREC)

NJ Board of Public Utilities

Available Solar & Renewable

About This Program

State incentive program where solar system owners earn tradable credits for electricity generated. One SREC is earned per megawatt-hour produced, providing ongoing income to offset installation costs.

SREC value fluctuates with market; typical residential system earns $500-$1,500 annually

Key Details

  • Earn credits for solar electricity produced
  • Credits are tradable on open market
  • Ongoing income stream for system owners
  • Available statewide in New Jersey
  • Combine with federal solar tax credit

How to Apply

Get free help applying Visit Official Program Page Track this program

(866) 657-6278

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Deadline: Ongoing program

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