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Home » Renewable Energy » Programs » CORE Rebate Program

Customer On-Site Renewable Energy (CORE) Program

Financial Incentives to "Get With the Program”

All ratepayers in New Jersey are entitled to financial incentives through the New Jersey Clean Energy Program. Financial incentives are available to reduce the overall cost of your renewable generation system. Incentives are currently paid incrementally based on the size of the system installed. The incentive levels, which can defray installation, equipment and interconnection costs, are shown on the following chart.

Solar Market Update

Due to overwhelming demand solar rebate applications are no longer being accepted for the private sector budget category for projects of any size. Please see the CORE Suspension Order in the Program Updates section.

Please note that registrations are still being accepted for the SREC-Only Pilot Program thoughout 2008. 

Other Helpful Information

  • To review previous years' activity, please click here.

New Jersey Clean Energy Program Incentives

Chart I
Sustainable Biomass Systems
See chart below for PV incentive rates

ITEM

Incentive Level

Systems up to 10 kW

$5.00/watt
Maximum incentive as percentage
of eligible system costs		 60%
Systems Greater than 10 kW
1 - 10 kW $3.00/watt

> 10 to 100 kW

$2.00/watt

> 100 to 500 kW

$1.50/watt

> 500 kW, up to 1000 kW

 $0.15/watt

Maximum incentive as percentage
of eligible system costs

30%
. Incentive Available

The Board approved the following rebate levels in their August 1, 2007
Board Agenda Meeting to be effective for all applications received on or after September 1, 2007.

Chart II
Solar Electric Systems

Capacities

 All Private Sector Applicants Public non K-12 Schools Public K-12 Schools
0 to 10,000 watts $3.50/watt $4.10/watt $4.10/watt
10,001 to 40,000 watts $2.50/watt $3.15/watt $3.15/watt
40,001 to 100,000 watts $2.25/watt $2.50/watt $2.50/watt
100,001 to 500,000 watts $2.00/watt $2.30/watt $2.30/watt
500,001 to 700,000 watts $1.75/watt $1.85/watt $1.85/watt
. Sunlit project incentives are available for both Private and Public properties at the appropriate levels listed above

. Rebates NOT currently available
All new applicants are held in queue until new funding becomes available

. Rebates available for 2007/2008 funding

Ask your vendor about New Jersey's Solar REC Pilot and alternative financing based on solar renewable energy certificates (SRECs)!