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Eliminate your electric and heating bills. Compare solar+heat pump costs and incentives across 11 utilities and 279 towns. Average rate 17.0¢/kWh. NJ Whole Home rebate up to $7,500.
17.0¢
/kWh
$7,500
NJ Whole Home
$1,350/yr
vs Natural Gas
279
11 utilities
New Jersey homeowners across 279 towns are served by 11 electric utilities, with residential rates ranging from 16.0¢ to 22.5¢ per kWh. Combining rooftop solar with a cold-climate heat pump eliminates both your electric bill and fossil fuel heating costs — the two largest energy expenses for New Jersey households.
Most New Jersey homes currently heat with Natural Gas, spending approximately $2,200/year. A cold-climate heat pump reduces heating costs to approximately $850/year in electricity, saving $1,350/year on heating alone. When you power the heat pump with rooftop solar, the marginal electricity cost drops to near zero. Moderate winters with design temps around 10–15°F (south, Zone 4A) to 5–10°F (north, Zone 5A). Cold-climate models recommended in northern NJ.
The NJ Whole Home offers up to $7,500 for heat pump installation, and many utilities add their own solar and heat pump rebates. The federal residential ITC (Section 25D) expired December 31, 2025, so state and utility programs are now the primary incentives for homeowner purchases.
NuWatt Energy designs and installs solar+heat pump systems directly across New Jersey — licensed electricians and HVAC technicians, no subcontractors. We handle load calculation, system sizing, installation, and all permitting. Browse the utilities and towns below for location-specific data.
11 utilities · sorted by HP rebate & rate
| Utility | Type | Rate | Solar Rebate | HP Rebate | Net Metering | |
|---|---|---|---|---|---|---|
| PSEG (NJ) | investor_owned | 22.5¢ | — | $7,500 | Details → | |
| Jersey Central Power & Light | investor_owned | 17.5¢ | — | $7,500 | Details → | |
| Atlantic City Electric | investor_owned | 16.0¢ | — | $7,500 | Details → | |
| Vineland Municipal Electric Utility | municipal | 17.0¢ | $0.50/W | $2,000 | Details → | |
| Butler Electric Utility | municipal | 16.0¢ | — | $750 | Details → | |
| Sussex Rural Electric Cooperative | cooperative | 18.0¢ | — | — | 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
Heat pump vs Natural Gas
NuWatt installs solar+heat pump systems directly across New Jersey. Eliminate your electric and heating bills with one project.
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