New Jersey solar 101: must read before you buy solar panels
New Jersey State 32 solar panels available
- $0.57 / W Average gross price of a solar power system as of February 2026
- 2 years Average system payback period
- $50 512 Average savings from going solar in New Jersey
- 4 ¢ / kWh Levelized cost of solar energy
- 4.41 kW Recommended system size
Benefit from a PV system
in New Jersey
4.67 hours of peak sunlight
New Jersey is a reasonably sunny state – a PV system can substantially cut your electricity bills
2 years payback period
A solar power system in New Jersey pays for itself a couple of times during its lifespan
Save money with Net Metering
The electricity you can’t consume can be put to good use. The utility will pay for it if you export it to the grid
Reduce the cost of your system by 26%
Get a quarter of the PV system cost off your taxes with the Federal Solar Tax Credit
Earn more than $1,000 selling TRECs
TRECs are like a currency your PV system prints as a subproduct. They can be sold for extra profit
New Jersey #34 in the US
Solar Ranking
- $50 512 Average savings from going solar in New Jersey
- 7 956 kWh/year Average electricity consumption of a NJ household
- 7 303 kWh/year AC energy output of a 5 kW solar system installed in New Jersey
- 16 ¢ /kWh The cost of electricity today in New Jersey
- 33 ¢ /kWh The forecast average utility price over the next 25 years
- $0.57/WAverage gross price of a solar power system as of February 2026
What our happy customers say
Review us on Google or Trustpilot