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California and New Jersey Lead Country in Terms of Available Solar Incentives
Which states have the most liberal solar incentives?
 

Joe Langan, President and CEO, Langan Energy Solutions
The two states that lead the nation in terms of solar incentives are California and New Jersey. California, the national leader in solar, offers generous incentives to residential-, commercial- and utility-scale projects throughout the state that include rebates and tax incentives.

New Jersey, the second largest solar market in the United States, offers Solar Renewable Energy Certificates (SRECs), which are publicly traded financial instruments that represent the environmental benefits of solar (as opposed to the actual energy). SRECs are purchased by utilities from businesses that generate solar, in order to meet a state-mandated requirement for generation of electricity from renewable sources. This requirement is called a Renewable Portfolio Standard (RPS).

After California and New Jersey, other states with incentive programs include Pennsylvania and Massachusetts, with New York and Connecticut exploring more comprehensive solar incentive programs.
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About the Author

Joe Langan, President and CEO, Langan Energy Solutions
Joe Langan has over 20 years experience in construction, engineering, and commercial real estate. Langan's current responsibilities include overall management of River Drive Construction Company, as well as project and construction management for various clients. He is recognized for his well-rounded knowledge of commercial construction and the commercial real estate industry and his ability to initiate and manage new projects. Langan received his Master of Science degree in Real Estate Development and Investment from New York University.

More articles by Joe Langan

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