New Jersey – Property Tax Exemption for Renewable Energy Systems

New Jersey – Property Tax Exemption for Renewable Energy Systems

Incentive Type Property Tax Incentive
Eligible Technologies Solar Water Heat, Solar Space Heat, Solar Thermal Process Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Geothermal Heat Pumps, Resource Recovery, Tidal Energy, Wave Energy, Fuel Cells using Renewable Fuels, Geothermal Direct-Use
Applicable Sectors Commercial, Industrial, Residential
Incentive Amount 100% of value added by renewable system
Maximum IncentiveNone Listed
Eligible System Size(s)None Listed
Equipment StandardsNone Listed
Installation StandardsNone Listed
Start Date 10/01/2008

More Information Contact:

http://www.state.nj.us/treasury/taxation/

 

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