New Jersey Solar Renewable Energy Certificate (SREC) Program

NJ Board of Public Utilities

Available Solar & Renewable

About This Program

New Jersey homeowners with solar installations earn tradeable Solar Renewable Energy Certificates (SRECs) for every megawatt-hour of solar electricity produced. SRECs can be sold to provide ongoing income that offsets solar installation costs over time.

SREC value varies by market; typical 5 kW residential system generates ~6 SRECs per year

Key Details

  • Earn income from solar electricity production
  • One SREC per 1,000 kWh (1 MWh) generated
  • SRECs can be sold on open market
  • Typical residential system: 6-8 SRECs per year
  • Reduces payback period for solar investment

How to Apply

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

Deadline: Ongoing program

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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