Beat NJ’s 20% Utility Rate Hike with Commercial Solar

How to Beat the 20% New Jersey Rate Hike: A Limited-Time Commercial Solar Energy Opportunity

If you own a commercial property in New Jersey, you’ve likely heard the news: electric rates are surging. The recent 20% rate increase comes at a time when energy costs are already biting into the bottom line of many New Jersey businesses. But while the news may be unsettling, it also opens the door to a powerful opportunity for your property.

Open utility circuits for the state of New Jersey are 40% closed and the rate hike increase is prompting more solar inter-connection applications that will fill up available slots. Converting to solar with LandAir Energy Solutions will put you ahead of the 60% of New Jersey businesses who might miss out.

Why Such a Dramatic Surge in Utility Pricing?

New Jersey’s power grid is managed by PJM Interconnection, the regional transmission organization (RTO) responsible for overseeing electricity flow across all or parts of 13 states. One of PJM’s primary roles is managing the “capacity market,” a system where power generators are paid today to ensure power availability in the future.

Recently, PJM’s capacity prices jumped from $28.92 to $269.92 per megawatt-day — a nearly tenfold increase. That cost spike is being passed down the chain, starting with utility companies and eventually hitting businesses like yours with higher monthly bills.

As these prices get passed on, utilities are reacting by raising rates. For New Jersey businesses, this means significantly higher electric bills in the coming months and likely for years to come.

The 20% increase is just the beginning. Utility companies are in business to profit. More increases are likely to follow as New Jersey utility providers continue to adjust their rates to offset their costs.

Why Act Now: The Benefits of Commercial Solar Energy in New Jersey!

Making the move to commercial solar energy isn’t just about going green — it’s a strategic business decision that delivers tangible, long-term financial and operational benefits.

Shield Your Business from Future Rate Increases.

New Jersey property owners are stuck with the 20% utility rate hike, with more rate hikes likely to follow due to PJM Interconnection’s soaring capacity costs. Commercial solar energy acts as a hedge against future increases. Once your system is installed, your energy rate is essentially locked in for the next 25–30 years. This stability allows for easier budgeting and protects your annual profit margins.

Reduce Long-Term Operating Costs.

Energy is one of the largest ongoing expenses for commercial properties. Solar drastically cuts this cost, with a typical return on investment (ROI) of 2 – 3 years. Over the lifespan of your system, these savings can add up to millions of dollars depending on the size of your commercial solar energy system.

Increase Your Property Value Tax-Free.

Solar upgrades are among the few property improvements that increase real estate value without increasing property taxes. Solar energy systems are exempt from federal and state property tax assessments. This allows your property to gain value without triggering higher annual tax bills. This is a rare and highly advantageous incentive for commercial property owners.

Earn New Jersey State Renewable Energy Credits (SRECs).

When your system generates solar energy, you earn Solar Renewable Energy Certificates (SRECs). These valuable credits can be sold back to your utility company. These credits represent the excess energy production from your solar energy system. Many New Jersey commercial solar owners use their SRECs to create a new revenue stream for their businesses. SRECs also significantly improve the system’s return on investment.

Demonstrate Environmental Leadership to Customers, Partners, and Employees.

Sustainability isn’t just good for the planet, it’s good for business. More customers, vendors, and investors are more likely to patronize environmentally businesses. Installing commercial solar energy positions your company as both forward-thinking and responsible. Commercial solar energy can give you a competitive edge in proposals, marketing, and recruitment.

These benefits are only available while your circuit remains open. Once it reaches capacity, solar approvals will be suspended indefinitely for your area.

The Window Is Closing on Open Circuits in New Jersey.

Here’s where your property’s open utility circuit comes in. With electric rates on the rise, more business owners are turning to commercial solar energy to lock in lower energy costs and protect their bottom line. But not all properties can go solar.

Due to grid limitations, approximately 40% of New Jersey’s electric circuits are already closed to new solar energy installations. That means once a circuit reaches capacity, no new solar energy connections can be approved until further infrastructure is added or upgraded — which could take years.

These open slots are filling quickly as more businesses scramble to get ahead of the rate hike. Once your circuit closes, the opportunity to reduce your energy bills, access federal tax incentives, and increase the value of your property (tax-free) disappears indefinitely.

Don’t wait until your opportunity disappears. Contact LandAir Energy Solutions today to discover if your property is in an open circuit. LandAir will help you turn rate hikes into a long-term advantage for your profitability. Make sure you partner with a reliable solar energy provider. LandAir Energy is a locally owned provider of New Jersey commercial solar energy. We’ve been known as reputable and trusted business partners since 1996. #quality #integrity #results.