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New Jersey Solar Panels: Pricing and Incentives

How much do solar panels cost in New Jersey?

Written by Taylor Freitas

Edited by Madison Khalil

Last updated 10/25/2022

6 min read

Luiz Maron (flickr.com/lamaron)/Moment/Getty images

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Solar power FAQs

  • New Jersey solar cost will vary depending on a few factors, including which components you choose for your system. If you add a solar battery or high-efficiency panels, your costs will be higher. However, the average price of solar panels is $15,000 to $25,000 (before credits and other incentives).

  • In many scenarios, solar is an excellent investment. However, if you live in place with very little sunlight or you don’t consume very much energy, then solar may not be worth it. We’ve covered a few of these factors in the previous section.

  • Electricity rates in New Jersey can be high, with the average energy bill coming in at $110.65 per month. For the entire year, you could save at least $1,092 per year by switching to solar.

  • At SaveOnEnergy, we work with leading installers in the solar industry and can connect you with the best one for your needs. Submit the contact form on this page to get the process started.

  • Solar is a renewable and natural resource. Unlike traditional fossil fuels, it doesn’t produce carbon emissions, so it’s cleaner and safer for the environment. By using solar power for your home, business, or recreational vehicle, you can shrink your carbon footprint and help protect the earth.

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