Category: Solar Energy System Costs

What is Behind the Dramatic Shift in NJ Solar Incentives?

UPDATED: ON MARCH 9,2020 THE NEW JERSEY BOARD OF UTILITIES OPTED TO GO WITH THE FIXED RATE TREC PRICE OF $152(OPTION 1)FOR THE TRANSITIONAL RENEWABLE ENERGY CERTIFICATE PROGRAM. By no means could the New Jersey Solar Energy Market ever be called predictable. From the time the solar renewable energy certificate (SREC)  was introduced back in 2004,… Read more »

How Much Does a Solar Energy System Cost?

This is the #1 Question that Geoscape Solar gets asked in an initial phone call, web-chat, or e-mail. The simple answer might be: “Currently, the cost to convert to solar energy in New Jersey runs about $3.46 per kilowatt.” But what does that tell the property owner? Even if you know your annual electrical usage,… Read more »