In the State of New Jersey, all solar energy equipment is exempt from the state’s sales tax. The exemption applies to devices approved by the Board of Public Utilities that are designed to provide heating or cooling by converting solar energy into some other usable
The New Jersey Economic Development Authority established a “Garden State C-PACE program” to facilitate the financing of Commercial-Property Assessed Clean Energy (C-PACE) projects in municipalities that opt-in. While PACE financing usually entails voluntary assessments on property, the Authority can also establish a loan loss reserve
In addition to the Garden State Commercial Property Assessed Clean Energy (C-PACE) Program, municipalities in the top third of New Jersey municipalities in terms of population can establish local C-PACE programs to finance projects fitting certain criteria for energy efficiency and renewable energy. Those within
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The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.Â
