Solar Panels in Park Ridge, NJ

Park Ridge, New Jersey residents are served by Park Ridge Municipal Utilities, which charges $0.16 per kWh for residential electricity. This is 5% below the national average of $0.168/kWh. At this rate, a typical household using 900 kWh per month spends approximately $1,728 per year on electricity—money that could be going toward building equity in a solar system instead.

An 8 kW solar system in Park Ridge can offset most or all of a typical home’s electricity usage, saving approximately $1,536 per year. Over the 25-year lifespan of the system, that adds up to $56,001 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 12.3 years.

As a municipal utility, Park Ridge Municipal Utilities sets its own rates and rebate programs independently. Net metering is available, meaning excess solar energy you produce earns bill credits from Park Ridge Municipal Utilities.

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 Park Ridge—no subcontractors or lead-selling middlemen. We handle every step from system design through Park Ridge Municipal Utilities interconnection.