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The SuSI program provides 15-year incentive payments, one of the best solar programs in the country. Compare rates across 11 utilities and browse solar savings for 279 towns.
17.0¢
/kWh
11
0 IOU · 0 Muni · 0 Co-op
100%
of utilities
$60k
at avg rate · 11.5yr payback
New Jersey residents across 279 towns and cities are served by 11 electric utilities, with residential rates ranging from 16.0¢ to 22.5¢ per kWh. The state average of 17.0¢/kWh is well above the national average of 16.8¢/kWh, making solar an especially strong financial investment. At this rate, a typical 8 kW solar system saves approximately $1,632 per year.
The federal residential solar tax credit (Section 25D) expired at the end of 2025. This means homeowners who buy solar with cash or a loan no longer receive a federal tax credit. However, New Jersey state incentives of $7,200 are still available, bringing the net cost of an 8 kW system to $18,816. Third-party owned systems (leases and PPAs) still qualify for 30% under Section 48/48E.
100% of New Jersey utilities offer net metering, allowing solar homeowners to earn bill credits for excess energy.Browse the towns below to see exact rates, incentives, and savings estimates for your specific location.
11 utilities · sorted by rate
| Utility | Type | Rate | Net Metering | Solar Rebate | |
|---|---|---|---|---|---|
| PSEG (NJ) | investor_owned | 22.5¢ | — | Details → | |
| Sussex Rural Electric Cooperative | cooperative | 18.0¢ | — | Details → | |
| Jersey Central Power & Light | investor_owned | 17.5¢ | — | Details → | |
| Vineland Municipal Electric Utility | municipal | 17.0¢ | $0.50/W | Details → | |
| Atlantic City Electric | investor_owned | 16.0¢ | — | Details → | |
| Butler Electric Utility | municipal | 16.0¢ | — | Details → | |
| Lavallette Municipal Electric | municipal | 16.0¢ | — | Details → | |
| Madison Municipal Utilities | municipal | 16.0¢ | $0.40/W | Details → | |
| Milltown Municipal Utility | municipal | 16.0¢ | — | Details → | |
| Park Ridge Municipal Utilities | municipal | 16.0¢ | — | Details → | |
| Seaside Heights Electric | municipal | 16.0¢ | — | Details → |
279 towns with utility-specific data
Based on avg rate of 17.0¢/kWh
NuWatt installs directly across New Jersey. No subcontractors, no lead sharing.
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