Srp Solar Panel Rebates

Find answers to your questions about srp s residential solar electric program.

Srp solar panel rebates.

Srp customers can take advantage of the 26 federal solar tax credit to install solar panels through to at least 2020. The srp service territory has a lot of sunny days meaning solar panels produce a lot of electricity. The srp program is used to register solar projects in new jersey. All of the financial benefits listed below go to the owner of the solar panel system.

Srp offers rebates and discounts to help you reduce your electricity use at home. Combine srp s 3 600 rebate with federal solar incentives for the biggest return on your battery investment. If you buy your system in cash or with a solar loan that means you also get the tax credits rebates and srecs for the system however if you lease your system the third party owner will receive all of the solar incentives. Start stop or transfer service price plans payment and billing options solar for your home electrical safety problems with your service policies and reference materials.

The incentive is available for up to 4 500 srp residential electric customers on a first come first served basis during a 36 month period beginning may 1 2018. The 26 tax credit is set to decrease to 22 in 2021 so installing a battery now will give you the best return on your investment. The 26 solar tax credit can be applied to a battery installation if it s 100 filled with solar energy. As a new solar customer you may be eligible to take advantage of srp s solar programs and offers.

Get up to 3 600 300 per kwh dc from srp for adding a battery storage system to your home. 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. Home battery storage incentive get up to 3 600 300 per kwh dc from srp for adding a battery storage system to your home. Get virtual expert recommendations for free.

Call srp anytime 602 236 8888 residential solar electricity choosing to power your home or business with solar energy is an effective way to help the environment through reduced carbon emissions. Owners must register their projects prior to the start of construction in order to establish the project s eligibility to earn srecs. Call srp anytime 602 236 8888 residential price plans for solar customers srp offers several price plan options for customers who produce some of their own energy with rooftop solar or other distributed generation technologies.