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Residential Rate
Your Project, Our Responsibility — No lead sharing. Your dedicated NuWatt team handles design, permits, and installation.
Based on 8kW system at current rates
System Cost
$26,016
New Jersey State Incentive
-$7,200
Net Cost
$18,816
Payback Period
12.3 years
Annual Savings
$1,536
25-Year Savings
$56,001
Milltown Municipal Utility serves customers in Milltown in New Jersey with a residential electricity rate of $0.16 per kWh. This is 5% below the national average of $0.168/kWh, though solar still delivers strong returns with today’s lower installation prices.
At current rates, a typical Milltown Municipal Utility household using 900 kWh per month spends approximately $1,728 per year on electricity. An 8 kW solar system can offset most or all of that usage, saving an estimated $1,536 annually and $56,001 over the 25-year life of the system. With New Jersey incentives of $7,200, the net system cost drops to $18,816, with a payback period of just 12.3 years.
As a municipal utility, Milltown Municipal Utility sets its own rates and policies independently. Milltown Municipal Utility offers net metering, allowing solar customers to receive credits for excess energy sent back to the grid.
The federal residential solar tax credit (Section 25D) expired at the end of 2025. State and utility-level incentives are now the primary financial benefits for homeowners going solar. NuWatt Energy handles the entire process from system design through permits and Milltown Municipal Utility interconnection, ensuring you receive every available rebate.
Net Metering
Available
Third-Party Ownership
PPAs/Leases allowed
NJ SREC-II (state)
$85/MWh for 15 years
Charge Up NJ EV Charger (state)
$250
Charge Up NJ EV Purchase (state)
$1,500-$4,000
Review your recent Milltown Municipal Utility electricity bills to understand your average monthly kWh consumption. This helps determine the right solar system size. Most Milltown Municipal Utility customers use between 600-1,200 kWh per month.
Request a free, no-obligation solar estimate from NuWatt Energy. We analyze your roof, energy usage, and local sun exposure to design the optimal system for your home.
Receive a detailed proposal including system size, expected production, savings projections, and financing options. NuWatt offers cash purchase, solar loans, and lease options to fit your budget.
NuWatt takes care of all permitting and submits the interconnection application to Milltown Municipal Utility on your behalf. We handle all the paperwork so you don't have to.
Our certified installation team completes your solar installation in 1-3 days. NuWatt manages your entire project from start to finish.
After installation and inspection, Milltown Municipal Utility activates your net metering connection. Your system begins generating clean energy and reducing your electricity bill from day one.
Towns Served
ZIP Codes (1)
At $0.16/kWh, Milltown Municipal Utility customers see strong returns from solar.
Data Source
estimated