NorthSolarCalc › By State › New Jersey
🦅 New Jersey Solar Panel Calculator 2025
New Jersey has one of the US's strongest solar markets with full net metering.
$
$20$800+
Avg rate: $0.19/kWh · 4.8 peak sun hrs/day
Your Solar Estimate for New Jersey
6.8 kW
System Size
recommended
8 yrs
Payback Period
break-even
$51,196
25-Year Savings
net profit
3.7t
CO₂ Offset
per year
Estimated installation cost$20,616
US Federal Tax Credit (30% IRA)− $6,185
Net cost to you$14,431
Annual electricity savings$1,800/yr
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New Jersey Solar Facts (2025)
$0.19/kWh
Avg Electricity Rate
4.8 hours
Daily Peak Sun Hours
30% Federal Tax Credit (IRA)
Federal Incentive
Net Metering in New Jersey
New Jersey offers full net metering — you receive full retail credit for excess solar energy sent back to the grid. This maximizes your savings and shortens your payback period.
Frequently Asked Questions
Is solar worth it in New Jersey?+
New Jersey has one of the US's strongest solar markets with full net metering. With a payback period calculated from local rates of $0.19/kWh and 4.8 peak sun hours per day, solar can be a strong investment in New Jersey.
What is the solar tax credit in New Jersey for 2025?+
New Jersey homeowners qualify for the federal 30% Investment Tax Credit (ITC) under the Inflation Reduction Act, valid through 2032. This means 30% of your total installation cost is deducted directly from your federal tax bill.
How long does solar take to pay back in New Jersey?+
Payback period in New Jersey depends on your monthly electricity bill, roof orientation, and system size. Use the calculator above with your actual monthly bill to get a personalized estimate based on local rates of $0.19/kWh.
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