Attractive incentives are available to residential and business customers to help reduce the cost of installing a renewable generation system such as solar, wind, or biopower. These incentives which defray the costs of installation, equipment, and interconnection are paid based on the size of the system.  Please note that new applications for solar projects are not being accepted until 2009.  Incentives for wind and biopower projects are still available.  To review a chart of available incentives and rebates click here. Please also review the updated CORE budget.

The New Jersey SREC Program provides an additional source of financing for clean, emission-free solar electricity. Through the program, New Jersey electric suppliers who are required to invest in a minimum amount of solar energy under New Jersey's Renewable Portfolio Standards (RPS) can buy SRECs from solar electric system owners – big and small.

The CleanPower Choice Program from the New Jersey Board of Public Utilities is a statewide program that allows you to choose clean, renewable sources of energy. By choosing CleanPower, you're choosing to support the generation of renewable energy sources that diversify our energy supply and help create a healthier environment. Solar power. Wind power. Low-impact or small hydro power. Landfill gas power. Clean power, that's good for the environment, good for the climate, and good for New Jersey.

Low-interest loans and grants make it more affordable and cost effective to make investments in renewable energy systems and energy-efficient equipment. Financing programs are designed to help businesses, schools, and municipalities invest in the best-performing equipment, which will realize substantial energy cost savings today and in the future and deliver substantial environmental benefits.

The SREC-Only Pilot Program is designed to enable New Jersey customer-generators to participate in the SREC market without participating in the CORE Program.  The SREC-Only Pilot Program is intended to provide customers and project developers  with more flexibility to choose to accelerate project development.