New Jersey Solar Renewable Energy Credits (SREC)

NJ Board of Public Utilities

Available Solar & Renewable

About This Program

Homeowners with solar installations earn tradeable Solar Renewable Energy Credits for electricity generated. One SREC is earned per megawatt-hour produced, with values currently ranging from $75-$90. Credits are sold through the SREC marketplace, providing ongoing income from your solar system.

Annual SREC value depends on system size and production; typical 8 kW system earns $700-$900 per year

Key Details

  • Earn credits for every MWh of solar produced
  • Credits traded on SREC marketplace
  • Current value $75-$90 per SREC
  • Available to all solar system owners
  • Ongoing revenue stream for 15 years

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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