New Jersey Solar Renewable Energy Credits (SRECs)

NJ Board of Public Utilities / Atlantic City Electric

Available Solar & Renewable

About This Program

Homeowners with solar installations earn tradable Solar Renewable Energy Credits for every megawatt-hour of solar electricity produced. SRECs can be sold on the market to provide ongoing revenue from your solar system in addition to utility bill savings.

Average residential system generates 7-10 SRECs per year at current market rates

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Earn revenue for solar electricity you generate
  • 1 SREC = 1 megawatt-hour of solar production
  • Market rate approximately $80-$90 per SREC
  • Average home system earns 7-10 SRECs annually
  • Sold through SREC trading platforms

How to Apply

A grant-savvy contractor in Mays Landing, NJ can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Mays Landing early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Deadline: Ongoing market-based program

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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