Tax Break for Warehouses That Install Solar Panels
Official: A1866 — Provides CBT tax credit for retrofit of existing warehouses with solar-ready zone once solar panels are installed.
Reading: The bill creates a new corporate business tax (CBT) credit to incentivize retrofit of existing warehouses with solar panels, expanding solar deployment incentives in New Jersey.
This encourages more businesses to switch to clean, renewable solar power.
In clear language
This bill offers New Jersey businesses a tax credit if they retrofit their existing warehouses to be ready for solar panels and then actually install those panels. The tax credit helps reduce the cost of converting warehouses to use solar energy. This encourages more businesses to switch to clean, renewable solar power.
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 who want to install solar panels
- Businesses looking to reduce energy costs through tax incentives
- New Jersey communities that benefit from more solar energy production
- The state's environment, as more solar energy means less fossil fuel use
What can you do?
- If you own or operate a warehouse, research whether your building qualifies for this tax credit once the bill passes
- Contact your warehouse's energy provider or a solar installation company to learn about retrofitting options
- Follow the bill's progress and support it if you believe renewable energy is important for your community
Timeline
- 2026-01-13: Bill introduced to the Assembly
2 people have 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.
- Jim KennedyDNew Jersey
- Bill sponsoredIn progressPrime sponsor of A1866: Provides CBT tax credit for retrofit of existing warehouses with solar-ready zone once solar panels are installed.
- Andrea KatzDNew Jersey
- Bill sponsoredIn progressPrime sponsor of A1866: Provides CBT tax credit for retrofit of existing warehouses with solar-ready zone once solar panels are installed.
Related policies
- NJ LegislatureJun 30, 2026Allow solar panels that grow food or crops to join community solar programs
This law allows dual-use solar projects—solar panels installed on farmland or other areas where food and crops are also grown—to participate in New Jersey's community solar program. Community solar lets groups of people share the benefits of a single solar installation, lowering their electricity costs. This change opens community solar to more types of solar projects, expanding clean energy options across the state.
- NJ LegislatureJun 30, 2026Changes to New Jersey's solar and renewable energy incentive programs and utility rules
This bill modifies New Jersey's renewable energy incentive programs and requires electric utilities to process solar interconnection applications more fairly for certain projects. The bill was replaced by another version (S3183) in June 2026, so this version is no longer active.
- NJ LegislatureJun 30, 2026Changes to New Jersey's renewable energy programs and solar project approvals
This bill modifies how New Jersey incentivizes renewable energy and requires electric utilities to process solar project applications more efficiently. It updates existing renewable energy programs and streamlines the process for certain solar projects to connect to the electrical grid. The bill passed the New Jersey Senate with strong support.
- NJ LegislatureJun 30, 2026Garden State Balcony Solar Act
This law makes it easier for New Jersey residents to install small, portable solar panels on balconies and patios by removing certain regulatory barriers. It requires landlords, homeowners associations, and other property entities to allow tenants and residents to use and install these portable solar devices. The goal is to expand access to renewable energy for people who cannot install traditional rooftop solar systems.