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Clark residents pay $0.23/kWh with PSEG (NJ). Go solar and save an estimated $78,752 over 25 years.
PSEG (NJ)
Your Project, Our Responsibility — NuWatt installs directly in Clark. No subcontractors, no lead sharing.
Based on 8kW system at PSEG (NJ) rates
System Cost
$26,016
New Jersey Incentive
-$7,200
Net Cost
$18,816
Payback Period
8.7 years
Annual Savings
$2,160
25-Year Savings
$78,752
Clark, New Jersey residents are served by PSEG (NJ), which charges $0.23 per kWh for residential electricity. This is 34% above the national average of $0.168/kWh. At this rate, a typical household using 900 kWh per month spends approximately $2,430 per year on electricity—money that could be going toward building equity in a solar system instead.
An 8 kW solar system in Clark can offset most or all of a typical home’s electricity usage, saving approximately $2,160 per year. Over the 25-year lifespan of the system, that adds up to $78,752 in total savings. With New Jersey state incentives of $7,200, the net system cost drops to $18,816, resulting in a payback period of just 8.7 years.
PSEG (NJ) is an investor-owned utility serving Clark and surrounding communities. Net metering is available, meaning excess solar energy you produce earns bill credits from PSEG (NJ). Heat pump rebates of up to $7,500 are also available for Clark homeowners.
The federal residential solar tax credit (Section 25D) expired at the end of 2025, making state and utility incentives more important than ever. NuWatt Energy installs solar panels, heat pumps, EV chargers, and battery storage directly in Clark—no subcontractors or lead-selling middlemen. We handle every step from system design through PSEG (NJ) interconnection.
investor_owned · $0.23/kWh
Solar Rebate
Not available
Heat Pump
$7,500
EV Charger
Not available
Battery Storage
Not available
Net Metering
Available
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