- SREC REGISTRATION PROGRAM (SRP)
New Jersey is the fastest growing market for solar photovoltaics in the United States and one of the largest in terms of installations and installed capacity, second only to California. 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 Solar Renewable Energy Certificate (SREC) Registration Program (SRP) is used to register non-rebated solar projects in New Jersey. Owners of non-rebated solar projects MUST register their projects prior to the start of construction in the SRP in order to establish the project’s eligibility to earn SRECs.
* Projects being developed through the REIP do not need to enroll in this program, but will still be eligible to register with the SREC tracking system upon system completion.
- RENEWABLE ENERGY INCENTIVE PROGRAM (REIP)
The Renewable Energy Incentive Program (REIP) provides rebates that reduce the upfront cost of installing renewable energy sustainable biomass projects. The REIP is part of New Jersey's efforts to reach its Energy Master Plan goals of striving to use 30 percent of electricity from renewable sources by 2020.
There is currently a stakeholder group, which meets and evaluates this new renewable energy program. The intent is to award incentives through a competitive solicitation process.
- UTILITY FINANCING PROGRAMS
The New Jersey Board of Public Utilities has approved innovative financing programs at three of the state’s electric utilities to support the installation of solar photovoltaic systems that produce clean renewable electricity for customers’ onsite use.
- NJ CLEANPOWER CHOICE PROGRAM
The CleanPower Choice Program 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.
Renewable energy programs, including the CORE Rebate Program, SREC Registration Program Guidebook, REIP Program for Solar Projects, Innovative Wind Technology Incentive and New Jersey Renewable Energy Manufacturing Incentive (NJ REMI) have ended and no new applications are being accepted. Program Information, forms, and guidebooks for these programs will remain available to assist customers that are completing projects approved in these programs.
- EDA PROGRAMS
Whether you are a New Jersey-based company or institution "going green", a manufacturer of clean energy systems or products, or an innovative company developing new, green technology, New Jersey may have financing and incentive programs to help.