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  • NJ A282
  • Provides gross income tax deduction for costs of purchasing and installing battery backups for certain home solar electrical generators.
Introduced
(1/27/2016)
In Committee
(1/27/2016)
Crossed OverPassedSignedDead/Failed/Vetoed
2016-2017 Regular Session
This bill provides a gross income tax deduction for the costs of purchasing and installing a battery backup for a solar electrical generator in the taxpayer's primary residence. On a sunny day, rooftop solar panels can produce more electric power than is need to power the home. If there is no way to store that power, the excess power is transferred into the grid for consumption elsewhere. During delivery power failures, the solar panel generators are automatically disconnected from the grid, so that they will not send a power surge through electric lines that are being repaired. This bill provides an incentive for homeowners to install battery backup systems, so that the homes with solar power generators can have a supply of electricity while the line supplies of power are under repair.
Not specified
Introduced, Referred to Assembly Appropriations Committee  (on 1/27/2016)
 
 

Date Chamber Action Description
1/27/2016 A Introduced, Referred to Assembly Appropriations Committee
Date Motion Yea Nay Other
None specified