SUNBEAM INNOVATIONS
New Jersey offers a highly structured and incredibly profitable incentive environment. While the federal government provides a massive upfront tax credit, the state of New Jersey focuses on long-term performance payouts and complete tax exemptions.
The primary driver of upfront savings is the Federal ITC. This allows you to deduct 30% of your total solar and battery system cost directly from your federal income taxes. If your system costs $25,000, you are eligible for a $7,500 tax credit. There is no maximum limit, and the credit rolls over if you don't use it all in year one.
New Jersey's SuSI program replaced the old TREC and SREC systems, providing guaranteed, fixed payouts for the energy you generate. Under the Administratively Determined Incentive (ADI) portion of the program, residential systems earn a fixed cash value for every megawatt-hour (MWh) produced, guaranteed for 15 years. This acts as a reliable secondary income stream that drastically lowers your effective payback period.
New Jersey waives its 6.625% state sales tax on all major solar energy system components. This translates to an immediate savings of roughly $1,500 to $2,000 at the point of sale compared to standard home improvement projects.
Installing a Tier-1 solar array permanently increases your home's equity. In New Jersey, the added value of a solar energy system is 100% exempt from local property tax reassessments. You get the higher home resale value without paying higher annual township taxes.
Our engineers will build a custom solar blueprint engineered for your operation — backed by 30-year linear warranties and Tier-1 equipment.
