Costo de Paneles Solares en Newark NJ 2026: Precios, SREC-II y Ahorros

Solar panels in Newark cost $2.85-3.20 per watt installed in 2026, reflecting an urban premium for higher labor costs and complex roof access. For a typical 7 kW system, that is approximately $22,000 before state incentives. There is no federal tax credit for homeowners — the 30% Section 25D credit expired December 31, 2025.

SREC-II (Solar Renewable Energy Certificate II) is New Jersey's successor incentive program. A 7 kW system in Newark generates approximately $720 per year in SREC-II income for 15 years, totaling roughly $10,800. This income is in addition to your electricity savings and is a major driver of solar ROI in New Jersey.

Yes. New Jersey law provides a 100% property tax exemption for the added home value from solar panels. In Newark, where the average property tax bill is approximately $6,000, this means you avoid paying higher taxes on the $22,000+ in added property value. The exemption lasts for the life of the system.

Community solar is an excellent alternative for Newark residents who cannot install rooftop solar — especially those in rowhouses, condos, or apartments. You subscribe to a portion of a local solar farm and receive credits on your PSE&G bill, typically saving 10-20% on electricity costs with no installation, no roof requirements, and no upfront cost.

Newark is in PSE&G territory. PSE&G offers net metering at the full retail rate ($0.26/kWh) for residential systems up to 25 kW. Excess generation rolls over monthly and is trued up annually. PSE&G also handles interconnection approval, which typically takes 2-4 weeks after installation.

Yes, but rowhouse installations have unique considerations. Shared walls may limit mounting options, and smaller roof areas often mean 5-7 kW systems instead of larger suburban arrays. Flat-roof rowhouses in the Ironbound and other neighborhoods are actually excellent candidates for flush-mount panels. If rooftop is not feasible, community solar is a strong alternative.

Solar in Newark has a payback period of approximately 8.2 years for a cash purchase. This factors in PSE&G electricity savings at $0.26/kWh, SREC-II income of ~$720/year, and the property tax exemption. Over 25 years, a typical 7 kW system saves approximately $82,000 when accounting for rising electricity rates.

No. The 30% federal solar tax credit (Section 25D) expired for homeowners on December 31, 2025. All cost and savings figures in this guide reflect $0 federal credit. However, if you finance through a PPA or lease, the third-party system owner may claim the commercial Section 48 ITC, which can result in lower PPA rates for you.