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We serve MA, NH, CT, RI, ME, VT, NJ, PA, and TX
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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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NJ electricity costs ~$0.26/kWh and ADI/SREC-II rates are increasing to $95.23/MWh for EY2026-27. Install this spring to lock in 15 years of guaranteed income at the higher rate.
No residential tax credit. But NJ has ADI income, 1:1 net metering, zero sales tax on solar, and the highest property taxes in the US — all exempt.
Multiple forces are converging right now. Waiting costs you real money.
ADI rates are rising from $85.90/MWh (EY2025-26) to $95.23/MWh (EY2026-27). Install now to lock in the higher rate for 15 years of guaranteed quarterly payments through PJM-GATS. A 10 kW system earns ~$1,238/year at the new rate.
The commercial ITC that TPO (lease/PPA) providers use to lower your payment requires projects to begin construction before July 4, 2026. After that, third-party owned solar may cost significantly more.
Bundling solar with a heat pump? The NJ Whole Home program offers up to $7,500 in rebates for comprehensive home electrification. Base $2,000 + $200 per TES% (Total Energy Score improvement). BPI-certified installer required.
NJ gets peak solar production May through September. Installing in spring means your system is producing during the highest-output months. Every month you delay, you lose net metering credits and ADI income you cannot recover.
NJ currently offers 1:1 retail rate net metering, but policy discussions about restructuring are underway. Systems installed now are grandfathered under current rules. Lock in 1:1 credits before potential changes.
Section 25D expired December 31, 2025. Cash or loan solar buyers get $0 back from the IRS. NJ state incentives (ADI, net metering, tax exemptions) remain — but the biggest federal benefit is gone.
The federal residential credit is dead, but NJ has one of the strongest state-level solar incentive stacks in the country.
Guaranteed quarterly payments for 15 years based on your solar production. Paid through PJM-GATS.
15-year income at $95.23/MWh for 10 kW: ~$18,570 total guaranteed income.
Your meter runs backward — excess solar sent to the grid earns full retail credits.
Policy discussions ongoing — install now to grandfather under current 1:1 rules.
NJ has the highest property taxes in the US. These exemptions save thousands.
Cannot install rooftop solar? NJ has one of the strongest community solar programs.
NJ is one of the fastest states for solar permitting. Start now, produce by summer.
1-3 weeks
Site survey, system design, engineering review. NJ municipal permits are fast — most towns approve in 1-2 weeks.
1-2 days
Panel mounting, inverter install, electrical connections. Most NJ residential systems installed in a single day.
2-6 weeks
Utility meter upgrade, net metering application, permission to operate. PSE&G: 2-4 weeks. JCP&L: 3-6 weeks. ACE: 2-4 weeks.
Day 1 savings
First full production month. Net metering credits begin accruing. ADI/SREC-II registration and first quarterly payment.
Bottom line: If you start the process in March-April, your system is producing by June-July — capturing NJ peak summer production and your first ADI quarterly payment.
Real pricing based on current New Jersey market data.
$2.85-3.15
Per Watt (avg)
~$28.5K-31.5K
10 kW System
7-8 yr
Payback (w/ ADI)
~$0.26
Per kWh (NJ avg)
Annual Production
11.3 MWh
10 kW x 1,130 kWh/kW
Annual ADI Income
~$1,238
11.3 MWh x $95.23/MWh (EY26-27)
15-Year ADI Total
~$18,570
Guaranteed quarterly payments
How different financing options compare for a 10 kW NJ system
| Feature | Cash | Loan | TPO (Lease/PPA) |
|---|---|---|---|
| Upfront cost | $28,500-$31,500 | $0 | $0 |
| Federal tax credit | $0 (25D dead) | $0 (25D dead) | 30% (48E, owner claims) |
| Monthly payment | $0 | ~$250-350/mo | ~$120-170/mo |
| You own panels | Day 1 | Day 1 | Year 5-7 or never |
| ADI/SREC-II income | You keep 100% | You keep 100% | Owner may keep |
| Best for | Max long-term ROI | Ownership, no cash | Lowest payment |
~$0.26/kWh | Northern/Central NJ
~$0.26/kWh | Central/Western NJ
~$0.25/kWh | Southern NJ / Shore
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8.2 kW
System Size
$3,831
Year 1 Value
6 yr
Payback
$88,580
25-Year Value
Estimates based on PSE&G rates, $3.00/W average, 1,130 kWh/kW annual production. No federal residential ITC (25D expired). ADI at $95.23/MWh (EY2026-27) for 15 years. NJ property tax exemption at ~2.23% effective rate. Actual results vary by roof orientation, shading, and system design.
We do not manufacture urgency. These are documented, verifiable deadlines and market conditions.
Federal law. Projects must begin construction before this date. After July 4, TPO solar pricing changes significantly.
Source: OBBBA (One Big Beautiful Bill Act), signed July 4, 2025
EY2026-27 rate confirmed at $95.23/MWh. Systems that begin producing under the new energy year lock in this rate for 15 years. Higher rate = higher total income.
Source: NJ BPU ADI rate schedule, njcleanenergy.com
NJ currently offers 1:1 retail net metering, but policy restructuring is under discussion. Systems installed now are grandfathered. This is not guaranteed to last.
Source: NJ BPU docket proceedings
NJ gets peak solar irradiance May through September. Installing in spring captures the highest-production months. Each month of delay = lost income you cannot recover.
Source: NREL PVWatts, NJ solar irradiance data
ADI rates rising | 48E deadline July 4 | Net metering policy under review
We will review your roof, calculate your ADI income, estimate your net metering savings, and show you exactly what solar costs — and saves — for your specific home and utility.