Solar Panels in New Jersey
Everything you need to know about going solar in New Jersey (NJ).
| Average Sun Hours/Day | 4 hours |
| Average System Cost (8 kW) | $24,800 |
| Federal Tax Credit (30%) | -$7,440 |
| Net Cost After Federal Credit | $17,360 |
| Estimated Annual Savings | $1,518/year |
| Estimated Payback Period | 11.4 years |
| State Solar Incentives | Yes — state incentives available |
Solar Incentives in New Jersey
Federal Investment Tax Credit (ITC)
The 30% federal solar tax credit is available to all New Jersey residents. For an 8 kW system, this saves approximately $7,440.
State Incentives Available
New Jersey offers additional state-level solar incentives, which may include tax credits, rebates, net metering, or renewable energy certificates. Check with your local utility and the DSIRE database for current programs.
Recommended Solar Panels for New Jersey
With moderate sun exposure (4 hours/day), New Jersey homeowners should prioritize efficiency:
- LONGi Hi-MO 7 — High efficiency N-type panel, excellent value
- Trina Solar Vertex S+ — Reliable performance, competitive pricing
- REC Alpha Pure-RX — Premium panel with industry-leading warranty
Frequently Asked Questions
How much do solar panels cost in New Jersey?
The average cost of an 8 kW solar system in New Jersey is approximately $24,800 before incentives. After the 30% federal tax credit, the net cost is around $17,360.
How much can I save with solar in New Jersey?
An 8 kW solar system in New Jersey can save approximately $1,518 per year on electricity bills, with an estimated payback period of 11.4 years.
Does New Jersey have solar incentives?
Yes, New Jersey offers state-level solar incentives in addition to the federal 30% tax credit.