Solar Quotes in New Jersey
Net metering
- New Jersey's Clean Energy Program says net metering gives you full retail credit for each kWh your system produces over the year. Any excess left at the end of your annualized period is credited at the wholesale value. Source: https://njcleanenergy.com/resources/net-metering-and-interconnection (accessed 2026-10-20)
- If you switch electric suppliers or change your anniversary date, existing excess is credited at the wholesale (LMP) rate and a new 12-month cycle begins (N.J.A.C. 14:8-4.3(j)). Source: same (accessed 2026-10-20)
- There's no kW cap, but your system can't be sized above your annual electricity needs. Source: same (accessed 2026-10-20)
SuSI-ADI incentive (SREC-IIs)
- Registrations are open first come, first served until a market segment's MW block fills or June 1, 2027, whichever comes first. The Net-Metered Residential block for energy year 2027 is 300 MW. Date-sensitive: the block can fill before that date. Source: https://njcleanenergy.com/programs/solar/administratively-determined-incentive-adi-program (accessed 2026-10-20)
- The SREC-II value is $85/MWh. For registrations on or after July 27, 2026, it drops to $77/MWh (Board Order, May 21, 2026). Date-sensitive: the value depends on when you register. Source: same (accessed 2026-10-20)
- For program questions, email njreinfo@njcleanenergy.com. Source: same (accessed 2026-10-20)
TREC program: closed
- The Transition Incentive (TREC) Program closed to new applications on August 27, 2021. Source: https://njcleanenergy.com/programs/solar/transition-incentive-program (accessed 2026-10-20)
A note on the federal tax credit
The federal residential clean energy credit (25D) doesn't apply to expenditures made after December 31, 2025. The IRS treats an expenditure as made when installation is completed. Source: https://www.irs.gov/newsroom/faqs-for-modification-of-sections-25c-25d-25e-30c-30d-45l-45w-and-179d-under-public-law-119-21-139-stat-72-july-4-2025-commonly-known-as-the-one-big-beautiful-bill-obbb (accessed 2026-10-20). This page isn't tax advice.
Is solar worth it in New Jersey?
It depends on your bill, roof and utility rules. Here is an estimate for a home with a $150 monthly electric bill and a south-facing, unshaded roof, before any incentives:
- Residential electricity averaged an estimated 23.98¢/kWh in New Jersey (January–July 2026), above the U.S. average of 18.19¢ (11 of 51, highest first). Source: EIA Electric Power Monthly, Table 5.6.B (accessed 2026-10-20)
- Small rooftop systems in New Jersey produced an estimated 1,418 kWh per kW of panels in 2024 (2024 small-scale solar generation divided by average 2023–2024 small-scale capacity). Source: EIA Electric Power Annual 2024, Tables 3.21 and 4.7.B (accessed 2026-10-20)
- Estimated system size: 4.3–5.8 kW, producing about 7,090 kWh a year (estimated).
- Estimated installed cost: $15,000–$26,000 before incentives, using $3.00–$5.20 per watt. Source: Lawrence Berkeley National Laboratory (2024 installed prices, 20th–80th percentile; accessed 2026-10-20)
- Estimated simple payback: 8–18 years. Savings depend on how your utility credits exported energy (see above).
Estimates only, based on public data and simple assumptions. Actual production, cost, and savings vary by home, utility, rate plan, and installer. Not a quote, and not a guarantee of savings. Ask your installer about any state, local, or utility incentives that apply. State and local programs: DSIRE.
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