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Your Expert Local Solar Power Company in NJ Choosing a solar provider is a big decision—especially in New Jersey, where incentives and net metering can significantly impact the long-term cost. By seeking certified local installers known for transparency and verified performance, you’re already setting yourself up for a good experience. Let Dream Home Renovators know if you'd like help requesting quotes or comparing specific installer packages! Affordable Commercial Solar Installation for your Business, Apartment Complex, or Office Building. Boost your business, reduce your carbon footprint, and save on bills with our NJ solar services. We design and install high-performance solar systems tailored for commercial spaces. Dream Home Renovators bringing the best in solar power technology to New Jersey. Built on innovative technology, clean designs, and flexible financing, We are here to help you discover the benefits of solar power. From securing the most affordable deals to supporting locally owned small businesses to researching the best options for your home – we are here to help you from start to finish. Let us bring the power of solar to your home. NJ solar tax credits & incentives When you install solar in New Jersey, you may qualify for these cost savings: * Federal tax credit for 30% of the cost. You may be eligible for this credit if you buy your system or get a loan (not lease). This credit is available through 2032. * Renewable energy credits you can sell through the Successor Solar Incentive (SuSI) Program, also known as SREC-II or ADI. * NJ property tax exemption. Solar panels can raise your property value and taxes. This 100% exemption of added property value prevents you from paying higher taxes because of your solar system. * Sales tax exemption covers 100% of NJ sales tax on your solar system. * Net metering. Get a monthly credit for extra energy generated by your solar panels. Cash in these credits to reduce your utility bill. Ownership / Cash Purchase * Higher Upfront Cost Purchasing a solar system requires a significant upfront investment. * Maintenance As the owner, you’ll be responsible for maintenance and repairs. Dream Home Renovators give you 10 to 25 years maintenance service. WORRY FREE. * No Monthly Payments Once you’ve paid for the system, there are no monthly payments (other than any loan payments if you financed the purchase). * Ownership Benefits You can take advantage of government incentives, rebates, and tax credits. You may also increase the value of your home. * Energy Savings All the energy savings go directly to you, potentially offsetting the initial cost over time * Selling Your Home If you sell your home, the solar system is a selling point and may increase your home’s value. Solar Lease / PPA * Lower Upfront Cost Leasing often requires little to no upfront cost, making it more accessible for many people. * Maintenance The leasing company generally takes care of maintenance and repairs, which can be a significant advantage if any issues arise. * Fixed Monthly Payments You’ll pay a fixed monthly lease payment to the solar company. * No Ownership You won’t own the system; the leasing company does. This means you may not have the right to claim any government incentives or rebates. * Transfer of Lease If you sell your home, you’ll either have to pay off the lease or the new homeowner will have to agree to take over the lease. * Energy Rate Consistency With a lease, you often lock in a consistent energy rate, safeguarding against potential energy price hikes in your locality Solar Loan * Flexible Payment Options With financing choices ranging from cash payments to specialized solar loans from banks such as FiBank, there's a suitable option for various financial standings. * Swift Application Process The loan application is streamlined, often providing decisions in as quick as 30 seconds. * Adjustable Loan Terms Depending on your needs, loan terms span from 7 to 25 years, granting flexibility in repayment. * Varied Interest Rates The rates differ based on the term selected and potential contractor fees. * Full Ownership Benefits Despite financing, you fully own the solar system, making you eligible for government incentives, rebates, and tax credits. * Increase in Home Value As with outright purchases, the installation can enhance the value of your home, offering benefits should you decide to sell. Installation Options ** Dream Home Renovators Energy designs, procures, installs, and operates the solar panels on your property. Rooftop Rooftop solar is the most cost effective method to install solar, maximizing your savings. Solar panels are installed on the roof of your building and generate electricity onsite. Our rooftop systems are engineered to meet and exceed all building codes, maintain your roof warranty, and to perform optimally for the life of the system. Parking Canopy Solar parking canopies provide the dual benefit of covered parking and onsite clean energy generation. Plankton Energy installs the canopies with solar panels over your parking lot. Solar Parking Canopies allow you to make a public statement of your commitment to environmental sustainability.