The Cost Of Solar Panels in NJ

Cost Of Solar Panels In NJ

Homeowners across New Jersey are making the switch to solar energy at a rapid pace as the cost of installing solar panels in NJ has become more and more affordable in recent years.

If you’re thinking about switching to solar energy then you may be wondering how much it will cost. The following guide covers everything you need to know about the price of solar panels in the State of New Jersey.

How Much Do Solar Panels Cost In New Jersey?

According to official industry data for 2022, the average cost of a solar panel installation in New Jersey before applying for solar incentives ranges between $11,815 to $15,985. That means the average cost per watt for solar panel installation in NJ is about $2.76 per watt.

REMEMBER, these costs can be reduced significantly if you work with a state-licensed specialist like us to apply for programs that often make solar panel installations FREE!

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Find out how to get FREE solar panels!

The following table shows average solar prices in New Jersey based on system size:


System SizeAvg. Cost
Before Incentives
Avg. Cost
After Incentives
3 kW$8,280$6,127
4 kW$11,040$8,170
5 kW$13,800$10,212
7 kW$19,320$14,297
10 kW$27,600$20,424
12 kW$33,120$24,509


The numbers in the chart above are a great guide to get an idea of the costs involved, however the cost of solar in New Jersey can vary depending on your annual electricity usage, the type of solar panels you choose, solar incentives that you qualify for and many other factors.

In order to get the most accurate cost estimate for your specific property you should always request a free solar savings estimate from a trusted solar company like EcoGen America.

Is Solar Worth It For Your Home or Business?

Solar energy continues to be one of the best investments for New Jersey homeowners year after year. In fact, many NJ residents and business owners are able to save more than $30,000 in electricity costs by switching to solar.

At EcoGen America we are proud to help you evaluate your energy options. Contact us to speak with our local New Jersey solar experts and get a FREE savings quote today!

Do you live in New Jersey?

Find out how to get FREE solar panels!