Solar Incentives in Toms River
Explore federal, state, and local utility incentives available for solar installations in Toms River, New Jersey
Your Utility Company
Jersey Central Power & Light (JCP&L)
Average Rate: $0.27/kWh
JCP&L offers net metering with full retail rate credits for residential solar customers under NJ regulations.
Federal Incentives
Federal Solar Investment Tax Credit (ITC) - EXPIRED
0%The 30% federal tax credit for customer-owned residential solar systems expired on December 31, 2025. Homeowners who purchased and installed systems by 12/31/2025 may still claim the credit on their 2025 tax return. For systems installed in 2026 and beyond, the residential ITC is no longer available for customer-owned systems.
Eligibility: EXPIRED as of January 1, 2026 for new customer-owned installations. Third-party owned systems (leases/PPAs) may still offer savings through commercial tax credits passed to customers.
Expires: December 31, 2025
Learn more →Solar Lease/PPA Savings (via Commercial ITC)
VariesWhile the residential solar tax credit expired 12/31/2025, third-party owned solar systems (leases and PPAs) can still benefit from commercial tax credits through 2027. These savings are typically passed to customers through lower lease payments or electricity rates.
Eligibility: Available for solar leases and Power Purchase Agreements (PPAs) where a third-party company owns the system and sells you the electricity.
Expires: December 31, 2027
Learn more →New Jersey State Incentives
New Jersey Property Tax Exemption for Solar
100%Solar energy systems that are certified as renewable energy systems are exempt from property tax assessment on the value they add to your home in New Jersey.
Eligibility: New Jersey property owners with a certified renewable energy system installed on residential, commercial, or industrial property
Learn more →New Jersey Sales Tax Exemption for Solar
100%Solar energy devices and systems are fully exempt from New Jersey sales and use tax, eliminating the 6.625% state sales tax on eligible solar equipment purchases.
Eligibility: All New Jersey purchasers of qualifying solar energy devices or systems designed to provide heating, cooling, or power
Learn more →Successor Solar Incentive Program (SuSI)
$0.085Under the SuSI ADI Program, eligible residential solar installations earn one SREC-II for every megawatt-hour of production, with residential net-metered systems receiving a fixed incentive of $85 per MWh for 15 years.
Eligibility: Net-metered residential and other qualifying solar installations in New Jersey that meet NJBPU SuSI Program requirements
Learn more →Jersey Central Power & Light Incentives
Contact Jersey Central Power & Light for available solar incentives in Toms River.
How to Apply for Incentives
- ✓ Work with a certified solar installer who can help with applications
- ✓ Apply for incentives before or immediately after installation
- ✓ Keep all receipts and documentation for your solar system
- ✓ Check eligibility requirements carefully before purchasing
- ✓ Some incentives are first-come, first-served with limited funding
Next Steps
- ✓ Review solar costs in Toms River
- ✓ Get quotes from local solar installers
- ✓ Calculate your potential savings with available incentives
- ✓ Verify incentive availability with your installer
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