Solar Energy Firms Take Advantage of NJ's Pro-Renewable Energy Climate. By Tara Kolton, Bergen County Record, 4/3/11. “Solar opportunities are shining down on NJ homeowners as the state continues to be one of the best places in the country for homeowners to invest in clean and efficient solar power. At the end of the year, two key federal initiatives are due to expire -- a federal grant that covers 30% of the installation cost of a solar-energy system and a 100% depreciation tax credit… But while the future of some federal solar incentives may be uncertain, state rebates in New Jersey are still strong… New Jersey is currently the number-one state for renewable energy incentives and is second only to California in the total installations of renewable energy in the entire country. The Garden State is also a national leader with its Solar Renewable Energy Certificate (SREC) program, which allows home and business owners to sell clean energy credits back to utility companies.”
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