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Inward Investment Guides
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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