2026 Solar Guide

New Jersey Solar Guide

The SuSI program provides 15-year incentive payments, one of the best solar programs in the country.

11 UtilitiesAvg 17.0¢/kWh100% Net Metering

$60k+

25-Year Solar Savings

17.0¢

Avg Rate/kWh

State Incentives

100%

Net Metering Access

New Jersey Solar Incentives

SuSI Program

Up to $90/MWh

Successor Solar Incentive provides 15-year fixed payments per kWh.

Net Metering

1:1 credit

Full retail rate net metering for systems up to 2MW.

Sales Tax Exemption

6.625% savings

Solar equipment exempt from NJ 6.625% sales tax.

Property Tax Exemption

Full exemption

Full property tax exemption for solar installations.

New Jersey Utility Rates Ranked

PSEG (NJ)investor_owned

$0.23/kWh

Sussex Rural Electric Cooperativecooperative

$0.18/kWh

Jersey Central Power & Lightinvestor_owned

$0.17/kWh

Vineland Municipal Electric Utilitymunicipal

$0.17/kWh

Atlantic City Electricinvestor_owned

$0.16/kWh

Butler Electric Utilitymunicipal

$0.16/kWh

Lavallette Municipal Electricmunicipal

$0.16/kWh

Madison Municipal Utilitiesmunicipal

$0.16/kWh

Milltown Municipal Utilitymunicipal

$0.16/kWh

Park Ridge Municipal Utilitiesmunicipal

$0.16/kWh

Seaside Heights Electricmunicipal

$0.16/kWh

New Jersey Solar Savings

$60k+

Estimated 25-year savings at avg rate of 17.0¢/kWh

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New Jersey at a Glance

Total Utilities11

IOUs0

Municipals0

Cooperatives0

Lowest Rate16.0¢

Highest Rate22.5¢

Net Metering100%

Other State Guides

Massachusetts New Hampshire Maine Vermont Rhode Island Connecticut Pennsylvania Texas

Go Solar in New Jersey

With 4 state incentives and rates averaging 17.0¢/kWh, now is a great time for New Jersey homeowners to go solar.

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