Buyer's Guide 2024
Successor Solar Incentive (SuSI) Program
Solar & Battery Regulation & Incentive Programs
Program Overview
- Category
- Financial Incentive
- Program Type
- Performance-Based Incentive
- Implementing Sector
- State
- State
- New Jersey
- Eligible Storage Technologies
- Solar Photovoltaics
- Incentive Amount
- Net-Metered Residential: $90/SREC-II
Small Net-Metered Non-Residential located on Rooftop, Carport, Canopy and Floating Solar
Projects smaller than 1 MW (dc): $100/SREC-II, $120 for public entities
Projects 1 MW to 5 MW (dc): $90/SREC-II, $110 for public entities
Net Metered Non-Residential Ground Mount
Projects smaller than 1 MW (dc): $85/SREC-II, $105 for public entities
Projects 1 MW to 5 MW (dc): $80/SREC-II, $100 for public entities
Community Solar LMI: $90/SREC-II
Community Solar Non-LMI: $70/SREC-II - Maximum Incentive
- MW-DC Capacity Blocks
Net Metered Residential: 150 MW
Net Metered Non-Residential: 150 MW
Community Solar (LMI and Non-LMI): 150 MW - Eligible System Size
- Net Metered Residential: All sizes
Net Metered Non-Residential: 5 MW-DC max
Community Solar (LMI and Non-LMI): 5 MW-DC max - Equipment Requirements
- All solar equipment must be new
- Administrator
- Board of Public Utilities
- Applicable Sectors
- Commercial, Industrial, Local Government, Nonprofit, Residential, Schools, State Government, Agricultural, Multifamily Residential, Low Income Residential, Institutional
- Start Date
- 08/28/2021
- Last Updated
- 10/01/2021
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