Solar Incentives and Rebates for New Jersey Homeowners in 2025
New Jersey homeowners in 2025 have a prime opportunity to reduce their electric bills with solar power, thanks to a variety of incentives and rebates. With Atlantic City Electric’s 17.2% rate hike set for June 2025—raising the average 650 kWh bill from $152 to $180—going solar is an obvious choice. At Solar by Omar, we sweeten the deal with no-cost solar options. Here’s how to cash in and start saving big in 2025.
Federal Solar Tax Credit: 30% Off in 2025
The Residential Clean Energy Credit—better known as the federal solar tax credit—lets you claim 30% off your solar system cost through 2032. For a $15,000 setup, that’s $4,500 back when you file your taxes using IRS Form 5695. This credit covers panels, labor, and even batteries (3 kWh or more). If you can’t use the full credit in one year, it rolls over to the next. You must purchase your system outright to qualify—power purchase agreements (PPAs) are ineligible. Solar by Omar can help you buy your system and claim this benefit.
SuSI Program: Earn Cash for Solar Power
New Jersey’s Successor Solar Incentive (SuSI) program pays you for the energy your solar panels generate. In 2025, you’ll earn $85 per SREC-II for every 1,000 kWh produced. A typical 5 kW system generates about 6,000 kWh annually—that’s roughly $510 per year, or $7,650 over 15 years. Whether you’re in Atlantic City or Egg Harbor Township, Solar by Omar handles the registration. You start earning from day one. Want the full scoop? Check out the SuSI program details.
No-Cost Solar: Free Panels or PPAs
Not ready to pay upfront? We’ve got you covered. Solar by Omar offers no-cost solar options through two approaches. First, free solar panels via SuSI-funded programs. Second, power purchase agreements (PPAs)—we install and maintain the panels, and you buy the power at 11 to 16 cents per kWh. Compare that to Atlantic City Electric’s post-hike rate of 27.38 cents per kWh—that’s 30-50% savings with zero out-of-pocket costs. Curious how it works? Explore our solar services.
Sales & Property Tax Exemptions
New Jersey makes solar even more affordable with tax exemptions. There’s no 6.625% sales tax on solar equipment, saving you over $1,000 on a $15,000 system. Plus, solar boosts your home value by an average of 9.9%—without raising your property taxes. Assessors exclude this added value from calculations, so you save hundreds each year, whether you’re in Pleasantville or Northfield.
Net Metering: Bank Extra Power
Atlantic City Electric’s 1-to-1 net metering is a game-changer. It credits your extra solar power at full retail rates. For example, if your 5 kW system produces 700 kWh but you only use 650, you bank 50 kWh for cloudy days. It’s like rollover minutes for your electric bill. Want to see the savings in action? Check out how much you can save with solar panels in Atlantic City.
Act Now with Solar by Omar
These incentives are time-sensitive. The federal tax credit drops to 26% in 2033, and net metering rules could change. With the rate hike coming in June 2025, now is the time to act. Solar by Omar serves all of South Jersey, earning 5-star reviews on our Google Business Profile. Ready to save thousands in 2025?
Save Thousands in 2025
By leveraging the federal tax credit, SuSI payments, no-cost solar options, tax exemptions, and net metering, New Jersey homeowners can save thousands in 2025 and beyond. Whether you’re in Atlantic City, Egg Harbor Township, Pleasantville, or Northfield, Solar by Omar makes it easy to start. Visit our homepage or take the first step today.