Solar Companies in New Jersey
4.0 hrs/day
Peak Sun Hours
$0.18/kWh
Electricity Rate
$13,200
Avg. System Cost (6kW)
New Jersey ranks among the top solar states in the nation despite its modest size and moderate sunshine. The Garden State receives about 4 peak sun hours daily and has built one of the most robust solar incentive frameworks in the country, with above-average electricity rates around $0.18/kWh driving strong ROI.
New Jersey's Successor Solar Incentive (SuSI) program, which replaced the SREC program, provides fixed-price incentive payments for 15 years of solar generation. The state offers full retail net metering, a 100% sales tax exemption on solar equipment, and a property tax exemption for the added home value. PSE&G, JCP&L, and Atlantic City Electric are the major utilities.
Newark, Jersey City, and Trenton are among the top residential solar markets. With the SuSI program, tax exemptions, and the federal credit, New Jersey homeowners frequently achieve payback periods of just 5-8 years.
Solar Incentives in New Jersey
Federal ITC: 30% tax credit on total system cost (through 2032)
Net Metering: Full Retail
State Tax Credit: No state-level credit
New Jersey offers full retail net metering, the Successor Solar Incentive (SuSI) program, complete sales tax exemption, and property tax exemptions for solar.
City-level data for New Jersey coming soon. Check back as we expand our directory.