New Jersey has been an early leader in solar, and is one of only three states in the US to have more than 1 GW of installed capacity. The market continues to be strong. The market is driven by net metering, a solar RPS and an accompanying SREC market.
Facts on New Jersey's Solar Industry
- There are currently more than 457 solar companies at work throughout the value chain in New Jersey, employing 6,500 people.
- In 2013, New Jersey installed 236 MW of solar electric capacity, ranking it 5th nationally.
- The 1,328 MW of solar energy currently installed in New Jersey ranks the state 3rd in the country in installed solar capacity. There is enough solar energy installed in the state to power 208,500 homes.
- In 2013, $693 million was invested in New Jersey to install solar for home, business and utility use.
- The price to install solar on homes and businesses has dropped steadily across the country — by 8% from last year and 39% from 2010.
View more solar industry data.
Notable Solar Installations in New Jersey
- The largest rooftop solar array in North America was installed in spring 2012 by Holt Logistics, on the roof of its Gloucester Marine Terminal warehouse facility. The 9 MW project features more than 27,000 panels spread out over 1.1 million square feet. The installation will provide 80% of the facilities energy needs, displacing the carbon dioxide equivalent of the emissions from 1,200 cars.
- McGraw-Hill has installed a 14 MW ground-mounted photovoltaic system near two of its corporate buildings in East Windsor. The project led to 294 jobs at peak construction and is expected to cut the company’s global carbon emissions by 10 percent.
- At 16 MW, Tinton Falls Solar Farm is among the largest solar installations in New Jersey. Completed in 2013 by Zongyi Solar America, this photovoltaic project has enough electric capacity to power more than 2,500 homes.
See our solar installations maps.
SEIA New Jersey State Solar Policy Priorities
- Monitor and engage in any dialogue around NEM and ‘next generation’ of solar policy discussions.
- Work with the legislature and other stakeholders to address the post-EY17 reduction in solar market growth required by the current SREC demand curve to ensure that New Jersey continues to be a strong market into the future.
- Improve interconnection protocols, including promoting state-level adoption of FERC’s recent Order on Small Generation Interconnection Procedures encompassing 100% minimum load rule into a state interconnection rules as well ensuring that interconnection protocols put in place enable rather than limit advanced DG configurations (i.e. solar + storage).
Solar Companies in New Jersey
There are currently more than 457 solar companies at work throughout the value chain in New Jersey. These companies provide a wide variety of solar products and services ranging from solar system installations to the manufacturing of components used in photovoltaic panels. These companies can be broken down across the following categories: 64 manufacturers, 14 manufacturing facilities, 279 contractor/installers, 35 project developers, 23 distributors and 56 engaged in other solar activities including financing, engineering and legal support.
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New Jersey State Solar Policy Resources
New Jersey Board of Public Utilities - Learn about the governing body that regulates the electricity rates and services of New Jersey public utilities
New Jersey State Legislature - Track pending legislation affecting solar energy, locate and contact individual legislators, and stay up to date on current legislative issues in
New Jersey's Clean Energy Program - Find a wide variety of information on state government energy programs, policy, projects, energy-saving strategies and energy-related statistics
DSIRE incentives database - New Jersey - Search a public clearinghouse for specific solar energy incentives in New Jersey and across the United States
U.S. Energy Information Administration - New Jersey State Profile - Explore official energy statistics, including data on electricity supply and demand, from the U.S. government