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2022 New Jersey Solar Incentives Projected to Save Homeowners Thousands

January 11, 2022

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The average New Jersey homeowner spends $110 per month on electricity…To some, this may not seem like a lot. But, let’s break it down further.

This means you’re spending $1,320 per year and after 10 years, about $13,200 on just your electricity.

Have kids at home? You’re most likely using more!

The money you pay each month is going directly to the utility company and local government. But, what if you could make this money magically reverse back into your pocket?

You would do it, right?

Time is running out to receive money back on net metering.

One way to do so is through net metering. It’s simple.

Once you have your solar panels installed, you wouldn’t be making a monthly bill payment to the utility company. Instead, you are able to sell any excess electricity generated back to them.

Get paid to generate solar energy.

Now, your new NJ solar project is able to receive TRECs or Transition Renewable Energy Certificates for every additional megawatt hour (MWh) of solar energy that your system produces. This is about $91.20 for every MWh produced.

Of course, there’s a catch…

This is a “transitional” project, meaning that it’s uncertain how long these net metering credits will be available in New Jersey.

Here’s an example of how much you could earn: If your solar panel system produces an extra 9 MWh per year then you would receive $820.80 per year.

Over 15 years, this would equate to $12,312 simply from owning solar panels. Not to mention, you wouldn’t be paying for those pesky electric bills each month!

This is how you make the choice to give back to the energy grid and make the community a greener place while also putting money back into your own pocket.

It’s a win-win for everyone.

Ready to make the switch to solar power? Click here to start earning money back now!

Solar tax credits will disappear in 2024!

So, right now the federal government is paying homeowners across the USA to go solar.

But how long will this last?

If you make the decision to install NJ solar panels in 2022, the Federal Tax Credit, also known as ITC, is 26% of your total system cost including equipment and labor involved.

Let’s say your solar system costs $20,000… your money back at the end of the year would be over $5,000!

Here’s the kicker though…

Every year that you choose to NOT go solar, you lose money.
Even if you wait a single year, the tax credit decreases and you lose out on upwards of a thousand dollars.
There’s no better time to embrace solar energy than now!

So go solar by clicking here and have your system make money for you.

Solar panels can increase your home value by $30,000!

Solar panels often have a bad reputation because they’re mounted on your roof. This makes homeowners think that their home value will decrease because of it.

Actually, it’s the opposite!

Researchers report that “Home value increases by about $20 for every dollar saved on annual energy costs.” So if you save about $100 a month x $20 x 12 months…

That’s a $24,000 increase in your home value!

How do you find out if you qualify for solar

Determining if you qualify for solar energy is easy! All you need to do is answer a couple of multiple choice questions about your home and enter in your zip code.

Viola! You qualify for solar. Plus, it’s only a minute of your time!

Solar pays for itself!

Now you know that solar power will end up generating free money for you every month. Sayonara monthly bills!

But, the time to act is NOW!

This solar program is closing soon so if you want to invest in a greener future and delete future bills, check if you’re eligible now.

Here’s what you need to do:

Step 1: Click on the icon below to determine if you qualify for saving money with solar

Step 2: You will find out instantly if your property and zip code qualifies your home for solar

You have nothing to lose besides monthly bills!


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Alliance Solar is expanding in the national solar community because we know the value of going solar. Not to mention, we keep track of the best solar incentives for our customers! Reach out to us to learn more.
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