Rutgers University | NJAES | SEBS     New Jersey Agricultural Experiment Station

SREC Based Financing Program Solar Renewable Energy Certificates (SRECS)

The program provides funding to electricity suppliers and providers to aid in installation of solar electric generation systems.

Terms and Qualifications:
Provides funding for electricity suppliers/providers to install solar-electric generation systems to meet the BPU solar electricity percentage requirements (4.1% of the electricity through in-state solar installations by 2028).
Systems must be registered with the BPU and systems must qualify to generate SRECs for 15 years after the date of interconnection.

Available Funding:
Incentive: 0.32 $/kWh

Online portal:

Program Administrator:
NJ Board of Public Utilities (BPU); SREC Program

See program website for expiration dates.

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