NJ · Solar + Battery

Solar + battery installation in Paterson

Battery-coupled solar is the package that closes most often in New Jersey. Federal Clean Tech ITC (30%) on storage stacks with state net metering. Free quote, ~2 minutes.

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7 kW
Average system size: $2.95/W
Average cost (USD): 8 yrs
Average payback: 168+
Local installers

Incentives & rebates

Federal Investment Tax Credit (ITC)

30% federal tax credit on residential solar and battery storage systems through 2032. Applies to panels, inverters, batteries, and installation labor.

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Successor Solar Incentive (SuSI / SREC-II)

New Jersey's successor program pays residential solar owners ongoing per-MWh incentives (administratively-set SREC-II / SREC registration program credits) for the solar energy their system produces, stacking on top of net-metering bill savings. Confirm the current credit value and registration window when applying.

Solar Sales & Property Tax Exemptions

New Jersey exempts solar energy systems from state sales tax and excludes the added home value of a residential solar system from property tax assessment.

Net metering: Full retail net metering

New Jersey provides full-retail net metering: excess solar exported to the grid is credited at the retail electricity rate and rolled forward, with annual reconciliation. Combined with the SuSI / SREC-II performance incentive, this gives New Jersey solar strong overall economics.

Related New Jersey resources

Battery + Storage

Why solar + battery in Paterson

New Jersey is one of the strongest solar markets in the Northeast despite having only moderate sun-hours, because high retail electricity rates and a robust incentive structure produce excellent returns. New Jersey offers full retail net metering and a successor performance-incentive program (SREC-II / SuSI) that pays homeowners ongoing per-MWh credits for the solar electricity they generate, stacking on top of bill savings. Solar equipment is also exempt from state sales tax and the added home value is exempt from property tax. The 30% federal Investment Tax Credit remains available through 2032. With high rates plus performance payments, a typical 7 kW New Jersey system often pays for itself in roughly 7-9 years - among the faster paybacks in the country for a non-desert state.

✓ Federal Clean Tech ITC 30% on storage ✓ Outage resilience

How payback works in New Jersey

System cost: $20,650
After 30% federal tax credit: $14,455
Estimated payback: ~8.9 years
25-year net savings: ~$26,045

These figures are illustrative; your actual quote reflects your roof, sun exposure, and local utility rates.

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Frequently asked questions

How much do solar panels cost in New Jersey?

New Jersey solar averages about $2.95 per watt before incentives, so a typical 7 kW system costs roughly $19,000-$22,000 and around $13,000-$15,000 after the 30% federal tax credit. The SuSI / SREC-II program then pays ongoing credits on top of bill savings.

Does New Jersey have net metering?

Yes. New Jersey provides full-retail net metering, crediting exported solar at the retail rate with rollover and annual reconciliation, which keeps payback periods short.

What is the SuSI / SREC-II program?

It's New Jersey's successor solar incentive: homeowners earn ongoing per-MWh credits for the solar electricity their system produces, paid on top of net-metering bill savings, which significantly accelerates payback. Confirm current credit values when you register your system.

Is solar worth it in New Jersey?

For most homes, yes. High electricity rates, full retail net metering, the SuSI / SREC-II performance incentive, and the 30% federal tax credit typically deliver a roughly 7-9 year payback - one of the faster returns outside the Sun Belt.