Policy Update: Act Now: The 30% Residential Federal Solar Tax Credit WILL End in 2025
⚠️ URGENT: Go Solar in 2025 Before the 30% Tax Credit Disappears and NJ Electric Rates Skyrocket Major changes are now official — and they could cost New Jersey homeowners thousands of dollars if they don’t act immediately. On July 1, 2025, the Senate passed the “One Big Beautiful Bill,” which terminates the 30% Federal Solar Tax Credit (Section 25D) for residential systems placed in service after December 31, 2025 — nearly a decade earlier than originally planned. Meanwhile, NJ utilities have confirmed electric rate hikes of 17–20% as of June 1, 2025, further driving up household energy bills. 🔥 […]