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?
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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 LegislatureOct 22, 2026Expanding where solar energy projects can be built under New Jersey's community solar program
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
This law modifies how New Jersey's renewable energy incentive programs work and requires electric utilities to process applications for certain solar projects more fairly. The changes aim to streamline how people and businesses can get solar systems connected to the power grid. This law took effect in September 2026.