Jersey Shore Hotel HotSpot - Surfside Hotel installed solar panels to earn money from their rooftops while earning from room rentals as well.

New Jersey is the fastest growing markets for solar photovoltaics in the United States and one of the largest in terms of installations and installed capacity, second only to California. Much of this success is due to New Jersey’s Solar Financing Model, which relies on high renewable energy standards and the use of Solar Renewable Energy Certificates (SRECs).

What is the SREC Registration Program?
The SREC Registration Program (SRP) is used to register the intent to install solar projects in New Jersey. Owners of solar projects MUST register their projects in the SRP program prior to the start of construction in order to establish the project’s eligibility to earn SRECs. Registration of the intent to participate in NJ's solar marketplace provides market participants with information about the pipeline of anticipated new solar capacity and insight into future SREC pricing.

After the registration is accepted, construction is complete, and final paperwork has been submitted and is deemed complete, the project is issued a New Jersey Certification Number which enables it to generate New Jersey SRECs.

Rebated projects being developed through the Renewable Energy Incentive Program (REIP) do not need to submit SRP materials, but will still be registered with the SREC tracking system upon system and REIP process completion.