Solar Panel Calculator for New Jersey (NJ)

Calculate how many solar panels you need in New Jersey, estimated costs after the 30% federal tax credit, payback period, and 25-year savings. Based on 4.2 peak sun hours/day and $0.175/kWh average electricity rate.

Peak Sun Hours
4.2 hrs/day
Avg Rate
$0.175/kWh
Net Metering
Yes
Solar Rank
#7/51

☀️ New Jersey Solar Panel Calculator

6,286 kWh
400W
100%

Your New Jersey Solar System

Panels Needed
156
System Size
62.40 kW
Annual Production
76,527 kWh
Gross Cost
$180,960
Federal ITC (30%)
-$54,288
Net Cost
$126,672
Annual Savings
$19,897/yr
Payback Period
6.4 years
25-Year Savings
$370,756
CO₂ Offset
42.9 tons/yr
Trees Equivalent
714/yr
💰 SREC Income: ~$6,505/year from New Jersey's SREC program at $85/MWh

⚠️ Estimates only. Actual costs and production vary. Consult a licensed solar installer. NEC Article 690 compliance required.

Solar System Sizes by Usage in New Jersey

Monthly kWhPanelsSystem kWNet CostSavings/yrPayback
500 kWh135.2$10,556$1,1169.5 yrs
750 kWh197.6$15,428$1,6319.5 yrs
1,000 kWh2510.0$20,300$2,1469.5 yrs
1,250 kWh3212.8$25,984$2,7479.5 yrs
1,500 kWh3815.2$30,856$3,2629.5 yrs
2,000 kWh5020.0$40,600$4,2929.5 yrs
2,500 kWh6325.2$51,156$5,4089.5 yrs

Based on 4.2 peak sun hours/day, $0.175/kWh, $2.9/W install cost, 80% derate. 30% federal ITC applied.

Complete Guide to Solar Panels in New Jersey (2026)

New Jersey receives an average of 4.2 peak sun hours per day, where high electricity rates can offset moderate sun hours. With average residential electricity rates of $0.175/kWh, solar offers meaningful savings potential.

Solar Installation Costs in New Jersey

The average cost to install solar panels in New Jersey is $2.90 per watt before incentives. For a typical 8 kW system, that translates to approximately $23,200 gross, or $16,240 after the 30% federal ITC. Available incentives: Federal ITC (30%), NJ SREC-II (Successor Program), sales tax exemption.

Net Metering in New Jersey

New Jersey net metering status: Yes. New Jersey offers some of the best SREC values in the country through its Successor Solar Incentive program.

NEC Requirements for Solar in New Jersey

All solar installations must comply with NEC Article 690 — Solar PV Systems. Key requirements:

NEC 690.8 — Circuit Sizing: PV conductors must carry at least 125% of maximum circuit current. For a 10A string, conductors must be rated for 12.5A minimum.

NEC 690.12 — Rapid Shutdown: Module-level shutdown must reduce voltage to 80V or less within 30 seconds. Critical for firefighter safety.

NEC 690.31 — Wiring Methods: USE-2 or PV Wire within the array; approved wiring methods (EMT, rigid conduit, MC cable) for building penetrations.

NEC 310.15 — Ampacity Derating: Conductors in conduit must be derated per Table 310.15(B)(3)(a). Account for seasonal temperature variations when sizing conductors. Use our Wire Size Calculator and Derating Calculator for proper sizing.

Solar Wire Sizing for New Jersey

Panel strings to combiner box: Typically 10 AWG USE-2 or PV Wire for runs up to 100 feet. Use our Solar Wire Size Calculator to verify.

DC main run to inverter: Usually 6 AWG or 4 AWG THWN-2 in conduit. Keep DC voltage drop under 1.5% with our Voltage Drop Calculator.

AC from inverter to panel: A 7.6kW inverter on 240V draws ~32A, requiring a 40A breaker and 8 AWG copper minimum. Verify with our Breaker Size Calculator.

Environmental Impact

A 62.40 kW system in New Jersey offsets approximately 42.9 metric tons of CO₂ per year, equivalent to planting 714 trees annually. New Jersey grid carbon intensity: 0.56 lbs CO₂/kWh.

Disclaimer: Estimates only. Actual costs and production vary by roof orientation, shading, installer, and equipment. Consult a licensed solar installer in New Jersey. NEC Article 690 compliance required for all installations.

Frequently Asked Questions

Top 10 Solar States Comparison

RankStateSun HoursRateCost/Watt
#1California5.8$0.267$2.82
#2Hawaii5.2$0.387$3.35
#2Texas5.3$0.134$2.6
#3Arizona6.5$0.134$2.55
#4Florida5.5$0.145$2.6
#5Nevada6.2$0.127$2.55
#6Massachusetts3.8$0.268$3.2
#7New Jersey4.2$0.175$2.9
#8New Mexico6.2$0.137$2.75
#9Colorado5.5$0.148$2.9

See also: Electricity Cost in New Jersey