Top Ten Reasons New Jersey is a Cleantech Leader New Jersey has
always tried to be in the lead of the cleantech race in the
United States. To reach its renewable energy goals in 2020, it
has become the number two country in solar power, behind
California, and has invested into the research and development
of further clean technologies. Through the use of incentives,
programs, and rebates, the impact of cleantech in the Garden
State is clearly visible. 1) Incentives for Renewable Energy and
Efficiency. To promote the use of clean technologies throughout
the state of New Jersey, the government made a number of
financial incentives to those who make the switch to renewable
energies and energy efficiency. Incentives include the PSE&G
Solar Loan Program, Wind Manufacturing Tax Credit, Property Tax
Exemption for Renewable Energy Systems, PSE&G Whole House
Efficiency Program, and a number of other performance based,
property tax, and sales tax incentives that would make the
switch less damaging to the budget. 2) Ren