New Jersey Solar Renewable Energy Credits (SREC-II)

NJ Board of Public Utilities

Available Solar & Renewable

About This Program

Homeowners who install solar panels in New Jersey earn Solar Renewable Energy Credits that can be sold for additional income over 15 years. Credits are issued for every megawatt-hour of solar electricity generated.

Typical 8kW residential system generates approximately $2,400/year in SREC income

Key Details

  • Earn credits for solar electricity production
  • 15-year program for new installations
  • Available to all NJ solar homeowners
  • Credits traded on open market
  • Typical system earns $2,000-3,000/year

How to Apply

Get free help applying Visit Official Program Page Track this program

(866) 657-6278

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Deadline: Ongoing program through 2033

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