New Jersey Solar Renewable Energy Credits (SREC)

NJ Board of Public Utilities

Available Solar & Renewable

About This Program

New Jersey's Successor Solar Incentive (SuSI) program provides financial credits for electricity generated by residential solar systems. Homeowners earn tradable credits (SRECs) for every megawatt-hour produced, creating ongoing income for 15 years after installation.

Value varies by market rates; typical SREC worth $80-$90 per MWh produced

Key Details

  • Earn credits for solar electricity generated
  • 15-year income stream from solar production
  • Credits tradable on open market
  • Available for new solar installations
  • No income restriction

How to Apply

Get free help applying Visit Official Program Page Track this program

(866) 657-6278

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Deadline: Ongoing market-based program

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