Directory/United States/Momentum Solar

Momentum Solar

free
South Plainfield, New Jersey, United States
0.0(0 reviews)
Est. 2009
Serves 150km radius

About

Momentum Solar is a top-rated residential solar installation company serving seven states across the US. Founded in 2009, Momentum has grown to over 2,500 employees and is recognized by Inc. as one of the fastest-growing private companies in America.

Solar Market in United States

Electricity Rate
$0.16
per kWh
Solar Buyback Rate
$0.05
per kWh
Peak Sun Hours
4.5h
daily average
Tax Credit
30%
federal/national
Panel Cost
$350
per kW installed
Est. Annual Savings
$1,577
6kW system

Available Solar Incentives in New Jersey

feed in tariffNew Jersey

NJ Successor Solar Incentive (SuSI) - ADI

$90

The Administratively Determined Incentive (ADI) under NJ SuSI provides $90/MWh for residential and small commercial solar systems for 15 years. Part of the Successor Solar Incentive Program.

net meteringNew Jersey

NJ Net Metering

100%

New Jersey net metering provides full retail-rate credits for excess solar generation. Credits roll over monthly and are compensated annually at the wholesale rate. Systems up to 2 MW eligible.

tax creditNew Jersey

NJ Solar Property Tax Exemption

100%

New Jersey exempts the added value of solar energy systems from local property tax. Solar installations do not increase property tax assessments.

tax creditNew Jersey

NJ Solar Sales Tax Exemption

6.63%

Solar energy systems and equipment are exempt from NJ state sales tax of 6.625%. Covers all system components for residential and commercial installations.

tax credit

Federal Investment Tax Credit (ITC)

30%

Federal tax credit of 30% for residential and commercial solar installations. Applies to total system cost including batteries.

Valid until 12/31/2032Source

Address

3096 B Hamilton Blvd, South Plainfield, NJ 07080

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