New Jersey is one of the few states that pays homeowners for every megawatt-hour their solar panels produce. On top of that payment, solar equipment is exempt from sales tax, panels are left out of your property-tax assessment, and net metering credits your bill at the full retail rate. Here is what each one is worth in 2026 and how you get it.
The Successor Solar Incentive program, called SuSI, pays you for the electricity your system generates. You will also see it called the ADI (Administratively Determined Incentive) or SREC-II. These are three names for the same payment, not three separate benefits.
To put the rate in perspective: every 10 MWh your system produces in a year earns $770. The exact amount depends on your system size, roof direction and shading, which is why we estimate production for your specific roof before you sign anything.
SunnyMac files the SuSI registration for you as part of your project. The rate is set by the New Jersey Board of Public Utilities, which lowered the residential rate from $85 to $77 in a May 2026 order.
Solar equipment is exempt from New Jersey sales tax under N.J.S.A. 54:32B-8.33, which covers systems that provide electrical power. You do not need to apply for it. It is reflected in your price.
Adding solar panels usually raises a home's value, but New Jersey excludes the panels from property-tax assessment. Your property tax bill does not go up because you went solar.
Net metering is separate from SuSI. SuSI pays you for what your system generates. Net metering credits your utility bill, one kilowatt-hour for one kilowatt-hour, for the electricity you send back to the grid. Credits carry forward month to month, so a summer surplus offsets your winter usage. Read how net metering works in New Jersey for the details, including what happens to leftover credits at the end of the year.
Most of a New Jersey solar system's value comes from two places: the electricity you no longer buy from your utility, and the SuSI payment for 15 years. The tax exemptions lower the cost going in and keep it from coming back as a higher tax bill. Your own numbers depend on your usage, your utility and your roof.
Run the Home Analyzer to see what your roof can support, or see our New Jersey solar overview for costs and timelines.
Incentive figures checked November 2026. Rates are set by the New Jersey Board of Public Utilities and can change for new registrations.