If you buy your system in cash or with a solar loan that means you also get the tax credits rebates and srecs for the system however if you lease your system the third party owner will receive all of the solar incentives.
Srp solar panel rebates.
Earn 720 per kw off the cash or loan price of solar panels and 600 per kw off the cash or loan price of solar roof by trading your solar renewable energy credits srec new york 500 rebate for new vehicles with a base price over 60 000 2 000 rebate for new vehicles with a base price under 60 000 state emissions testing exception.
Combine srp s 3 600 rebate with federal solar incentives for the biggest return on your battery investment.
Owners must register their projects prior to the start of construction in order to establish the project s eligibility to earn srecs.
Get up to 3 600 300 per kwh dc from srp for adding a battery storage system to your home.
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As a new solar customer you may be eligible to take advantage of srp s solar programs and offers.
The srp program is used to register solar projects in new jersey.
Start stop or transfer service price plans payment and billing options solar for your home electrical safety problems with your service policies and reference materials.
The srp service territory has a lot of sunny days meaning solar panels produce a lot of electricity.
Srp offers net metering.
The 26 tax credit is set to decrease to 22 in 2021 so installing a battery now will give you the best return on your investment.
Much of this success is due to new jersey s solar financing model which relies on high renewable energy standards and the use of srecs.
The incentive is available for up to 4 500 srp residential electric customers on a first come first served basis during a 36 month period beginning may 1 2018.
Srp customers can take advantage of the 26 federal solar tax credit to install solar panels through to at least 2020.
All of the financial benefits listed below go to the owner of the solar panel system.
Find answers to your questions about srp s residential solar electric program.
Home battery storage incentive get up to 3 600 300 per kwh dc from srp for adding a battery storage system to your home.
The 26 solar tax credit can be applied to a battery installation if it s 100 filled with solar energy.
Srp offers rebates and discounts to help you reduce your electricity use at home.
