Solar Panels in New Jersey have become a top investment, as the Garden State consistently ranks among the national leaders in solar adoption. With around 220 sunny days annually and some of the highest electricity rates in the region, solar is both a financial and environmental win.
Cost of solar panels in New Jersey
Residential systems cost $13,000 to $23,000 before incentives. Price per watt averages $2.6–2.9. A typical home consuming 700–1,200 kWh monthly may need a 6–8 kW system.
Incentives and programs
New Jersey is one of the most solar-friendly states in the country:
- Federal Solar Tax Credit (30%).
- Successor Solar Incentive (SuSI) Program — pays homeowners for every kWh generated via Solar Renewable Energy Credits (SRECs-II).
- Property tax exemption for solar installations.
- Sales tax exemption on solar equipment.
Net metering in New Jersey
Utilities are required to provide net metering for systems up to 2 MW. Excess power is credited at retail rates, with credits carrying over.
Payback and ROI
With high utility rates (around $0.22 per kWh in 2025) and strong incentives, solar panels in New Jersey typically pay back in 6–9 years. Lifetime savings often exceed $35,000–$50,000.
FAQ
How much do solar panels cost in New Jersey? Around $2.7 per watt.
Are there state incentives? Yes — SuSI program plus tax exemptions.
Is solar worth it in New Jersey? Absolutely — strong policies make solar highly profitable.
How long do Aptos panels last? 25+ years under warranty.
Conclusion
New Jersey offers some of the strongest solar incentives in the U.S. Aptos panels help homeowners maximize those benefits, delivering decades of reliable savings.