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New Jersey State and Federal Rebates and Tax Benefits
 

New Jersey’s Clean Energy Program currently rebates $3.80 per watt for Solar Electric systems sized up to 10 kilowatts for residential and commercial systems. Wayne HVACR’s Solar Division will file all the necessary paperwork for you. We will explain to you how the rebate works, and how it is paid all at once. Businesses, in addition to receiving the New Jersey State Rebate are eligible to receive federal tax benefits such as 30% tax investment credit and accelerated depreciation benefits. New Jersey residential customers are also eligible to receive a $2000 federal tax credit. Solar owners in New Jersey are also able to sell their pollution credits (SREC’s), and are able to generate significant income from doing so. State and Federal Benefits, SREC payments, and New Jersey State rebates can make Solar Electric systems a reality for anyone pioneering the way to generating their own electricity, becoming environmentally friendly, decreased reliance on fossil fuels, and breaking free from the price hike riddled monthly utility bills. Solar Electric systems are free from price hikes unlike your current electric bills. Contact Wayne for more details.