New Jersey, USA

Solar Subsidy in New Jersey

Solar subsidy guide for residents of New Jersey — eligibility, application steps and current incentive amounts.

Avg sun hours/day

4.4 hrs

Avg electricity rate

$0.176/kWh

Monthly savings (5 kW)

$116

Top incentive: SuSI program (SREC-II)

Subsidy Calculator

See your net cost after PM Surya Ghar subsidy.

PM Surya Ghar subsidy caps at ₹78,000 for systems ≥ 3 kW.

Gross system cost₹2.19 L
PM Surya Ghar subsidy− ₹78,000
Net cost after subsidy₹1.41 L
Yearly savings₹34,560
Payback period4.1 years

Why solar makes sense in New Jersey

With 4.4 peak sun hours per day and a residential rate of $0.176/kWh, a 5 kW rooftop system in New Jersey typically offsets $116/month in electricity costs. Combined with SuSI program (SREC-II), payback periods commonly land in the 4–7 year range. Use the tools above to size your system and download a free personalised quote.

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