Buyer's Guide 2024

Property Tax Exemption for Renewable Energy Systems

Solar & Battery Regulation & Incentive Programs

Program Overview

Category
Financial Incentive
Program Type
Property Tax Incentive
Implementing Sector
State
State
New Jersey
Eligible Storage Technologies
Solar Water Heat, Solar Space Heat, Geothermal Electric, Solar Thermal Process Heat, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Geothermal Heat Pumps, Fuel Cells using Non-Renewable Fuels, Landfill Gas, Tidal, Wave, Wind (Small), Geothermal Direct-Use, Fuel Cells using Renewable Fuels
Incentive Amount
100% of value added by renewable system
Administrator
New Jersey Department of the Treasury
Applicable Sectors
Commercial, Industrial, Residential
Budget
Start Date
10/01/2008
Last Updated
03/10/2021
Funding Source

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