
New Jersey has one of the most complex solar markets in the country, with SREC (Solar Renewable Energy Credit) programs, net metering, and state incentives that made the savings pitch very compelling. But program changes, SREC price volatility, and aggressive sales tactics have left many New Jersey homeowners with agreements that do not deliver the promised savings. New Jersey law provides strong consumer protection remedies.
Thousands of homeowners across Newark signed solar contracts after being promised dramatic savings — only to find themselves locked into agreements with escalating payments, underperforming systems, and no clear exit. If you are one of them, you have legal options.
New Jersey homeowners are protected by the New Jersey Consumer Fraud Act (N.J.S.A. 56:8-1), one of the strongest consumer protection statutes in the country. The CFA prohibits unconscionable commercial practices, deception, fraud, false pretense, false promise, and misrepresentation in connection with any sale. Remedies include treble damages (three times actual damages), attorney's fees, and filing fees. The NJ AG has taken enforcement action against solar companies for deceptive practices.
New Jersey's solar market was built on a combination of net metering, SREC income, and state incentives that made the financial case for solar very compelling. But SREC prices are volatile and have declined significantly since the program's peak. Sales companies that included SREC income in savings projections without disclosing the volatility risk were making materially misleading representations. The transition from SRECs to TRECs (Transition Renewable Energy Certificates) further complicated the picture.
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