Can New Jersey homeowners get solar without buying solar panels?

Yes. With a Solar Power Purchase Agreement (PPA), a third-party solar provider purchases, installs, and owns the equipment. You simply agree to buy the generated power at an agreed, discounted kilowatt-hour rate.

How does net metering work with a solar PPA in New Jersey?

When your solar array generates more electricity than your home consumes during sunny afternoons, the excess flows to the grid. Your utility meter registers this surplus, awarding 1:1 kilowatt-hour credits against nighttime usage.

Does a solar PPA increase my property taxes in New Jersey?

No. New Jersey state law (N.J.S.A. 54:4-3.113) explicitly exempts certified residential renewable energy systems from local property tax reassessment.

Who pays for system insurance under a solar PPA?

The solar provider insures the panels, inverters, and racking under their commercial policy for the duration of the agreement.

What credit score is needed for an NJ solar PPA?

Most tier-one solar developers require a minimum credit score of 650.

New Jersey Solar PPA FAQ: Answers to the 25 Most Common Homeowner Questions

Updated for 2026 New Jersey Clean Energy Regulations

Direct Answer / Quick Summary

The most common New Jersey solar PPA questions center on whether the panels are truly $0 upfront (yes, no equipment purchase is required), who maintains the hardware (the provider), what happens during a home sale (the contract transfers cleanly to the qualified buyer), and how monthly bills interact with utilities like PSE&G and JCP&L (via net metering credits).

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