Solar Industry Growth in New Jersey – on Road to 100% Transition by 2050

by | Oct 11, 2022 | Solar

Solar Industry Growth

The solar market in New Jersey has increased significantly over the past year. Reports from the New Jersey Board of Public Utilities (NJBPU) indicated that in 2021, the state recorded more than 150,000 new solar installations. Various commercial solar operations have started in New Jersey, adding up to 305 MW DC. The future of solar energy is thriving in New Jersey because of the growing modernization of solar programs and solar pricing in NJ.

Solar Energy Solutions NJ

New Jersey connected a total of 4GW of solar in 2021, signaling solar industry growth in the state. The state Board of Public Utilities has spent $5 billion in ratepayer subsidies to this effect. The state has a target of a 100% transition to clean energy by 2050. Many people will utilize solar energy in NJ to heat their homes and avoid the high cost of natural gas to run their HVAC. Solar energy solutions in NJ have various benefits, including mitigating climate change and the low cost of solar energy compared to other sources.

Solar Companies in NJ

With the ongoing incentives, more solar companies have tapped into the economy of NJ with solar energy solutions for commercial and domestic use. One of the companies is NJ Solar Power, which focuses on installing solar panels into homes to support the 2050 transition target. NJ Solar Power handles financing, design, surveying, and installation. It is one of the solar companies in NJ that offer competitive prices.

The state of NJ is serious about its transition to solar power and has activated favorable solar pricing in NJ. Furthermore, it is pushing for more companies to solar leasing in NJ. Solar leasing NJ is financing the acquisition of solar equipment through a long-term agreement between the vendor and the customer. Contact

NJ Solar Power, LLC today and arrange for your solar installation in NJ.

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