Solar vs. Electricity Cost Comparison in New Jersey

See how solar stacks up against traditional grid electricity in New Jersey. With an average electricity rate of 18.5¢/kWh and 4.3 peak sun hours per day, New Jersey homeowners can save significantly by going solar.

18.5¢
Avg Rate per kWh
$165
Avg Monthly Bill
4.3h
Peak Sun Hours/Day
$71,626
Est. 25-Year Grid Cost

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About Electricity Costs in New Jersey

New Jersey residents pay an average of 18.5¢ per kilowatt-hour, resulting in typical monthly bills around $165. With electricity prices rising approximately 3% per year, homeowners in New Jersey could spend an estimated $71,626 on grid electricity over the next 25 years.

Solar energy offers a way to lock in your electricity costs. With 4.3 peak sun hours per day and full net metering policies, New Jersey is a strong state for residential solar installations.

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See exactly how much you can save on electricity in New Jersey. Our solar experts will design a custom system for your home.

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