New Jersey Solar Cost Calculator

Estimate the cost and payback of a residential solar system in New Jersey. Adjust system size, installed price, value captured and verified incentives using transparent 2026 planning data.

Federal residential solar credit in 2026: $0. CalcuRiver does not subtract the expired 30% Section 25D credit from this estimate. Add only local or utility incentives you have independently verified.
State planning yield1,301 kWh/kW
Installed-cost benchmark$2.58/W
Federal credit assumed0%
Electricity rateloading…
2026 state snapshot

What changes in New Jersey

New Jersey's residential electricity rate is 37.6% above the U.S. average. Combined with a planning yield of 1,301 kWh/kW-year and a $3/W installed-cost benchmark, the same 8 kW system produces a different state-level cost and value profile.

View New Jersey electricity rates →
Residential electricity rate25.19¢/kWh37.6% above U.S. average
8 kW annual production10,408 kWh1,301 kWh/kW planning yield
8 kW gross benchmark cost$20,640$3/W planning benchmark
Annual value at full retail$2,622$218/month equivalent
Simple payback at full retail7.9 yearsBefore financing and unverified incentives
Existing city pages9Current CalcuRiver city coverage

This 8 kW snapshot is a comparison scenario, not a quote. It uses CalcuRiver's state planning yield, installed-cost benchmark and EIA 2026-07 residential rate. Actual roof production, export compensation, taxes, financing and local incentives can materially change the result.

state solar model

Build your New Jersey scenario

Start with state planning benchmarks, then replace them with your actual quote or site-specific inputs.

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The state planning benchmark is not a statewide average and does not replace a roof-specific production model or utility export analysis.

Solar by utility

Utility-specific solar compensation and savings models.

UTILITYPSE&Gretail kwh bank
city coverage

Solar cost by city in New Jersey

Open a city page for a location-specific production benchmark and local planning inputs.

How this New Jersey estimate works

  • Annual production = system size × 1,301 kWh/kW planning benchmark.
  • Retail-value ceiling = annual production × current New Jersey residential electricity price.
  • The value-capture control lets you haircut that ceiling for self-consumption/export economics.
  • Simple payback = entered net installed cost ÷ modeled annual electricity value.

Source boundaries

1,301 kWh/kW-year planning benchmark for New Jersey; a planning input, not a statewide average or site-specific roof forecast. Roof orientation, shading, equipment, local weather and utility export compensation can materially change the result.

2026 state snapshot

How New Jersey differs

Residential electricity25.19¢/kWh
8 kW annual production10,408 kWh
8 kW benchmark gross cost$20,640
Simple retail-value payback7.9 years

New Jersey's July 2026 residential electricity benchmark is 37.6% above the U.S. average. Production and cost are planning benchmarks; utility export rules can change realized savings.

Rate source: EIA Electric Power Monthly Table 5.6.A · 2026-07 preliminary.

methodology & sources

New Jersey solar methodology

Production basis

1,301 kWh/kW-year planning benchmark for New Jersey; a planning input, not a statewide average or site-specific roof forecast.

Installed-cost basis

2.58 $/W planning benchmark; this is not an installer quote.

Electricity benchmark

25.19¢/kWh residential state benchmark for 2026-07 (preliminary).

Utility treatment

State pages show a planning-level retail-value benchmark. Utility export compensation can materially change realized savings.

Methodology: Solar utility model · CalcuRiver methodology.

why this estimate changes

Why this solar estimate changes

Solar value is driven by local production, installed cost, the retail value of electricity you avoid buying, and the compensation you receive for exported energy. CalcuRiver does not assume export credits equal the retail rate unless that utility program is explicitly verified.

Core logic: self-used solar offsets retail purchases; exported solar is valued only under a verified export-compensation rule.

Methodology & source policy

Continue this cost analysis

Use the same state context to connect solar production with grid prices, storage and EV charging.