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Get a Free QuoteFull Retail Rate credits at $0.1823/kWh · New Jersey · Residential cap 25kW
$0.18/kWh
Credit Rate
25 kW
Residential Cap
$4.95
Min Monthly Bill
annual
Credit Rollover
Last updated: 2025-01-01
PSE&G (Public Service Electric & Gas) (NJ) customers earn $0.1823/kWh per kWh through full retail ratenet metering credits — dollar-for-dollar against your retail rate. Credits roll over and expire annually with june annual true-up (annualization date). The typical PSE&G (Public Service Electric & Gas) customer with a 8kW system saves $1,859.40 per year.
Net metering lets you earn credits for surplus solar energy sent back to the grid. Here is how it works with PSE&G (Public Service Electric & Gas).
Solar panels are installed on your roof or property and wired to an inverter.
Your system is interconnected with the utility grid through a bidirectional meter.
Panels produce electricity throughout the day, powering your home first.
A smart meter measures electricity flowing both to and from the grid in real time.
Excess energy sent to the grid earns credits that offset your future electric bills.
All current residential rate schedules relevant to net-metered solar customers. Understanding your rate schedule is critical for accurately estimating savings.
| Plan Name | Rate | Fixed Charge | TOU Available | Peak Rate | Off-Peak Rate |
|---|---|---|---|---|---|
| RS Residential Service | $0.1823/kWh | $4.95/mo | No | — | — |
| RS-TOU Residential Time-of-Use | $0.1823/kWh | $4.95/mo | Yes | $0.2195/kWh | $0.1460/kWh |
Peak hours: Mon-Fri 2pm-7pm Jun-Sep; Mon-Fri 5pm-8pm Oct-May
Based on a typical PSE&G (Public Service Electric & Gas) household using 900 kWh/month with a 8kW system generating 850 kWh/month.
Estimated Annual Savings
$1,859.40
$154.95/month average
Your credits depend on system size, utility, and local rates.
Calculate My SavingsResidential Cap
25 kW AC
Commercial Cap
2 MW AC
Interconnection Fee
Free ($0)
Application Timeline
2-4 weeks
Permit Required
Yes, local building permit required
Inspection
Utility inspection required before PTO
Meter Type
Bidirectional smart meter
Minimum Monthly Bill
$4.95
NJ BPU continued SuSI (Successor Solar Incentive) program alongside net metering for 2026
Updated basic generation service charges effective June 2026
PSE&G interconnection portal improvements for faster residential approvals
New Jersey extended net metering eligibility through at least 2028
Some third-party sources may still display outdated net metering data for PSE&G (Public Service Electric & Gas). The information on this page is sourced directly from utility filings and verified as of 2025-01-01.
What PSE&G (Public Service Electric & Gas) customers need to know about net metering in 2026.
PSE&G credits solar exports at 100% of the retail rate ($0.1823/kWh in 2026), with full dollar-for-dollar bill offsets.
PSE&G is the largest utility in New Jersey, serving approximately 2.3 million electric customers across northern and central NJ.
New Jersey SuSI (Successor Solar Incentive) pays a residential net-metered system $77/MWh for 15 years — locked at registration — stacking on top of net metering credits.
The combined value of net metering plus SuSI makes NJ solar economics strong despite moderate retail rates.
PSE&G has the lowest minimum monthly bill among NJ utilities at just $4.95.
New Jersey exempts solar equipment from sales tax and property tax, further improving economics.
NJ net metering features an annual true-up in June (the annualization date), with excess credits forfeited.
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Common questions about PSE&G (Public Service Electric & Gas) net metering.
Primary Source
PSE&G Tariff RS / RS-TOU ScheduleLast Verified
2025-01-01
Methodology
Rate data and policy details are sourced directly from PSE&G (Public Service Electric & Gas)'s published tariff schedules and interconnection standards. We verify this data monthly against utility filings and update the page within 48 hours of any confirmed policy change.
See how much you can save with PSE&G (Public Service Electric & Gas) net metering credits at $0.1823/kWh. Our New Jersey solar experts will design a system optimized for your utility rate plan.