NJ · New Jersey Solar

Solar in New Jersey.

A 15-year SREC-II production credit program for residential solar.

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$76.50

Per MWh (current rate)

15 years

Term length

Locked

Rate locked at registration

A New Jersey solar project funded through the SuSI Successor Solar Incentive program

Why now · New Jersey

Your rate climbed nearly 50% in 15 years.

New Jersey's residential electric rate climbed from 13¢/kWh in 2010 to 18.6¢/kWh by 2025. SuSi layers TREC payments on top of net metering for 15 years.

The hedge Solar locked at 8¢/kWh, flat 25 yrs

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Residential rate · New Jersey

2010–2025 · cents per kWh

PSE&GJCP&L Solar LCOE US national average

Source · EIA Form 861, residential class, 2010–2025. State averages and the US national line both pulled from the same dataset for an apples-to-apples comparison.

Major utilities coveredPSE&G, JCP&L, Atlantic City Electric, Rockland Electric

A real example · Newark, NJ

What an 8 kW SuSi install actually pays back.

An 8 kW rooftop array on a Newark home generates ~10,000 kWh/yr. SuSi pays $85+ per MWh for 15 years (Transition Renewable Energy Certificates, locked at registration). Layered with full retail net metering and the NJ sales tax exemption.

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01 · Why It Works Here

New Jersey pays you per MWh produced, for 15 years.

SuSI's TREC payments are the structural advantage. Layered with full retail net metering, NJ solar still pencils.

$85+/MWh

SuSI TREC payment

15-year contract, locked at registration

15 yr

TREC contract length

Locked at registration

18.6¢/kWh

PSE&G retail today

~17% above the U.S. average

10,000 kWh

Typical 8 kW production

Matches average NJ home use

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02 · Rebates & Benefits

Every rebate line, spelled out.

Current 2026 rebate amounts for NJ Successor Solar Incentive (SuSI). Verify against the program operator at signing.

SREC-II value (current)$76.50/MWh
Term length15 years
Payout frequencyQuarterly
Net meteringFull retail (in-year)
Sales tax exemption100% (NJ state law)

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04 · Install Timeline

From first call to permission to operate.

A typical New Jersey residential solar install runs 9–13 weeks from site survey to grid interconnection. Permitting and inspection sit on most of that runway.

01.

Site survey & system design

Contractor evaluates roof orientation, shade, structural load, and produces a system design with an annual production estimate.

Week 1

02.

Permitting & utility interconnection app

Building permits filed with the town; interconnection application filed with the local utility. Review typically runs 6–8 weeks.

Weeks 2-5

03.

Equipment procurement

Panels, inverter, racking, and balance-of-system components ordered after permit approval. Lead times depend on configuration.

Weeks 5-8

04.

Installation

Most residential installs complete in 1–3 days on-site. Building permit inspection follows a few days later.

Weeks 8-10

05.

Permission to operate (PTO)

Final utility inspection and net-metering activation. PTO is when the system legally begins exporting and earning credits.

Weeks 10-13

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06 · Questions Homeowners Ask

The honest FAQ.

Actual questions that come up in the first installer conversation.

Is the rate going down?

Yes, a 10% decrease was scheduled for March 13, 2026. Once enrolled, your rate locks for 15 years.

How is the SuSI rate set?

The rate is locked at the moment your system is registered with the BPU, and that rate holds for the full 15-year term. New registrations get the current rate; existing registrations keep whatever rate they locked in.

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