Incentives Drive Expanded Use of Solar Energy in New Jersey

Cole Schotz
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The growth of New Jersey's solar industry has been driven by an ambitious requirement that increasing percentages of the regulated power suppliers’ energy come from renewable energy sources, favorable financial incentives and favorable regulatory provisions such as net metering rules. In order to determine the economic viability of a solar project and the return on investment, the financial incentives available under both New Jersey and federal law must be analyzed.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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