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There are many great reasons to consider investing in solar power for your home—and being a better neighbor is just one of them. You will increase the value of your home and save money every day—all while reducing dependence on fossil fuels pollution and helping to minimize the carbon dioxide which contributes to global warming.
Solar Energy: Insurance against the rising cost of electricity.As utility regulation shifts, utility rates in Maryland will continue to rise. Making the switch to renewable solar energy for your home not only gives you immediate energy savings today, but offers your household important protection against unexpected utility rate increases.
Investing in a solar system for your home can be surprisingly affordable. There are a variety of incentives available that can reduce your initial investment in a solar system by up to 30% (depending on the current status of your state grant and the specifics of your solar system).
Why do utility companies and federal, state and local governments want to help homeowners invest in solar systems? Because solar power is a smart investment for everyone. Making solar power more affordable to you helps governments encourage energy independence, create high tech jobs and boost the economy. Utility companies encourage the adoption of solar because they incur higher costs to generate electricity during peak demand times. Solar production is at its highest during peak hours—reducing stress on the grid.
Our job is to help you navigate the process.
- Learn where a home solar system can take you.
Get started by requesting a free home evaluation, and Standard Solar will help you take the first step.
Solar Incentives for New Jersey Residents
If you’re a New Jersey resident and you’re interested in making the switch to solar energy, there are several programs available to you. The expanded Federal Investment Tax Credit and the increasing value of Solar Renewable Energy Credits (SRECs), available to homeowners like you, ease your initial solar electric system investment. New Jersey does not currently have a state program for solar, but it is important to note that the state does have several other energy efficiency incentives*.
Federal Investment Tax Credit
Purchase a solar electric system for your home and receive a federal tax credit of up to 30% of the total cost of your system, including installation and any improvements you need to make to your roof to support the solar panel arrays. Since this is a tax credit, it’s always a good idea to discuss any specific questions about the Federal Investment Tax Credit with a tax professional.
Talk to your Standard Solar Sales Expert for the most current incentive programs available for New Jersey residents.
* This information is supported and published by the Database of State Incentives for Renewables & Efficiencies and cannot be guaranteed by Standard Solar.