Tax Credit for Warehouses That Install Solar Panels
Official: S615 — Provides CBT tax credit for retrofit of existing warehouses with solar-ready zone once solar panels are installed.
Reading: Creates a new corporate business tax (CBT) credit to incentivize solar panel installation on existing warehouse retrofits, expanding renewable energy deployment.
It's designed to encourage more solar energy use in New Jersey's industrial buildings.
In clear language
This bill gives warehouse owners a tax credit on their business taxes if they retrofit their buildings with solar-ready zones and then install solar panels. The tax credit rewards businesses for making their warehouses ready to use solar energy and actually putting solar panels on them. It's designed to encourage more solar energy use in New Jersey's industrial buildings.
How does this affect you?
Pick the type of resident or organization you most identify with — we'll generate a plain-language breakdown of what changes for you and what you can do about it.
Who does this affect?
- Warehouse owners and operators in New Jersey
- Businesses that own or lease industrial facilities
- Local communities that benefit from increased clean energy production
- Taxpayers who may see changes in state tax revenue
What can you do?
- If you own or manage a warehouse, contact the New Jersey Department of the Treasury to learn about the tax credit application process once the bill passes
- Support this bill by contacting your state senators and representatives to show your backing for solar energy incentives
- Share information about this tax credit with other warehouse owners in your area who might benefit
Timeline
- 2026-01-13: Bill introduced in the Senate
One person has acted on this policy
Verified promises, sponsorships, votes, or other actions where the politician's record references this policy. Each entry links to that person's accountability page.
- Bob SmithDNew Jersey
- Bill sponsoredIn progressPrime sponsor of S615: Provides CBT tax credit for retrofit of existing warehouses with solar-ready zone once solar panels are installed.
Related policies
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This bill removes or loosens rules that limit where solar energy projects can be located if they want to participate in New Jersey's community solar program. Community solar lets groups of people share the benefits of one large solar installation. By changing these geographic restrictions, more solar projects may qualify, making it easier to build solar energy across the state.
- NJ LegislatureOct 15, 2026Removes limits on where community solar projects can be built
This bill changes the rules about where solar energy projects can be located in New Jersey's community solar program. Currently, there are geographic restrictions that limit where these projects can be built. The bill removes or reduces those restrictions so more communities can participate in solar energy programs.
- NJ LegislatureSep 9, 2026Allowing Solar Farms That Serve Multiple Purposes to Join Community Solar Programs
This law expands New Jersey's community solar program to include 'dual-use' solar projects—solar installations that serve two purposes at once, like generating electricity while also protecting farmland or providing shade for crops. Previously, only single-purpose solar farms could participate in community solar, which lets residents share the benefits of solar energy. This change makes it easier for more types of solar projects to serve more communities.
- NJ LegislatureSep 9, 2026Changes to New Jersey's Solar and Renewable Energy Incentive Programs
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