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NuWatt designs, installs, and manages solar, battery, heat pump, and EV charger systems across 9 states. One company, one warranty, one point of contact.
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3.8-year payback, a modeled statewide-average commercial rate of $0.146/kWh (rates vary by utility), and 2,700 sun hours/year make New Jersey a strong state for commercial solar.
Modeled avg commercial rate
$0.146/kWh
Statewide model — your utility's rate differs
Sun Hours/Year
2,700
Net Cost (100kW)
$52K
Payback
3.8 yrs
Commercial solar in New Jersey offers strong returns, with a modeled statewide-average commercial electricity rate of $0.146/kWh (your utility's actual rate will differ) and 2,700 annual sun hours. A typical 100kW system costs $168K before incentives, with a net cost of $52K after the 30% federal ITC, achieving payback in 3.8 years.
Available up to 2 MW - Full retail rate
Successor Solar Incentive provides 15-year fixed per-kWh payments
Administratively Determined Incentive for larger projects
Total Cost
$168K
Net Cost
$52K
Annual Savings
$20K
Payback
3.8 yrs
Modeled scenario disclosure
The profiles below are planning scenarios built from current market pricing, utility, incentive, and production assumptions. They are not verified NuWatt customer projects or guaranteed outcomes. A real proposal requires site, structural, utility, interconnection, financing, and tax-eligibility review.
PSE&G
JCP&L
Atlantic City Electric
Start with conservative eligibility assumptions, then select only the tax-credit requirements your project can document.
100 kW
System Cost
$157K
Modeled Federal ITC
-$9K
Modeled After-Tax Cost
$82K
Modeled Payback
2.6 yrs
Annual Savings
$30,810/yr
MACRS Tax Value
$53,454
CO2 Offset
1272 tons
Turn this planning model into a firm quote
Get an engineer-reviewed proposal built on your building's real usage, roof, and utility tariff.
The Successor Solar Incentive (SuSI) program provides 15-year fixed payments of up to $90/MWh for commercial solar. Combined with the 30% federal ITC and MACRS depreciation, NJ commercial projects typically achieve 3-4 year payback.
Site-specific pricing with exact incentive calculations. No obligation.