THE TIME IS NOW! ZERO DOWN SOLAR POWER.
THE TIME IS NOW! ZERO DOWN SOLAR POWER.
New Jersey
New Jersey residents in Ocean County benefit from strong state solar incentives, net metering, and rebates—on top of the 30% federal tax credit. The consistent coastal sunshine makes solar a smart, sustainable upgrade. Sea Bright Solar handles everything: system design, permits, applications, and utility coordination—so you enjoy lower electric bills and carbon reductions effortlessly.
Utility and Tax Incentives
Federal, state, and local governments understand the importance of sustainable energy and the high costs associated with traditional power sources. Utility companies can’t afford to maintain their infrastructure costs as homes use more and more power. That’s why, in most cases, utility and tax incentives can save customers well over 50% on the cost of energy.*
*Ask your representative about which incentive you’re eligible to receive. Please consult a tax advisor on your ability to claim these nonrefundable tax credits.
Federal Investment Tax Credit – 30%
The solar investment tax credit (ITC) is a dollar-for-dollar reduction in the income taxes that a person or company claiming the credit would otherwise pay the federal government. The federal ITC is based on 30% of the homeowner’s cost to install solar. On leased systems, Sea Bright Solar collects this incentive and passes the savings on to the homeowner. Don’t wait; prices for solar equipment are on the rise!
State Incentives
Net Metering—New Jersey is a leader in state net metering programs. Net metering allows the electric grid to store the electricity produced by your solar energy system to use at a later time and helps maximize the investment in your system. When your solar panels produce more electricity than your property uses during the day, the unused electricity is sent back to the grid. When your property uses more electricity than your solar panels produce, your property draws electricity from the grid. At the end of your billing cycle, your property is charged for the balance, or “net,” of what you put into the grid vs. what you took off the grid.
Renewable Energy Credits—The Board of Public Utilities (BPU) New Jersey’s Clean Energy Program lets property owners earn Renewable Energy Certificates for every kilowatt-hour (kWh) of solar energy the system creates based on market value.
