IsGridUp

NJ ENERGY GUIDE

Home Energy Independence Plan for New Jersey

New Jersey has strong solar incentive programs. Superstorm Sandy highlighted the state's vulnerability to major storms.

New Jersey Grid Reliability

Reliability
6/10
Low Risk
EIA SAIDI/SAIFI 2023
Outages / Year
0.7
per customer
EIA SAIFI 2023
Avg. Duration
5
hours
EIA SAIDI 2023
Electricity Rate
23.1¢
per kWh
EIA 2026-02

Primary Outage Risks in New Jersey

Nor'easters
Hurricane remnants
Heat waves
Flooding

New Jersey Energy Sources

Natural Gas40%
Coal20%
Nuclear18%
Renewables22%

Source: U.S. Energy Information Administration

New Jersey Incentives & Rebates

New Jersey offers the Successor Solar Incentive (SuSI) program — one of the most valuable incentives in the US. Solar owners earn SREC-IIs worth approximately $85/MWh for 15 years. Property tax exemption for solar. Sales tax exemption on solar. Net metering available. Note: The federal 30% residential solar tax credit expired December 31, 2025 for customer-owned systems. Solar leases and PPAs may still offer indirect savings from the commercial tax credit. Check with a tax advisor for current eligibility. Source: DSIRE, Solar.com.

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