New Jersey
Net metering in New Jersey, provider by provider.
Every provider in the state, and every figure below read from the published tariff or interconnection document rather than a comparison site. Some credit you the full retail rate for the power you send back. Most do not, and that difference is the whole reason this page exists.
Meter reading falling from 41926 to 41741 kilowatt hours. A 662 kilowatt hour month against 847 kilowatt hours produced leaves 0 kilowatt hours billed and 185 banked for next month, so the energy charge falls from $165.17 to $0.00 at 24.95 cents per kilowatt hour.
New Jersey average household use, 662 kWh a month, at the current published residential price of 24.95¢ per kWh. Your utility still bills a fixed monthly customer charge that no system offsets, so this is the energy part of the bill, which is the part that goes away.
Solar buyback rates in New Jersey, utility by utility
New Jersey credits exported power at the full retail rate, rolls credits forward month to month, and settles anything left at the annual true up at the avoided cost rate.
Credits you the full retail rate
- PSE&GInvestor owned/2.3M accountsRetail, yearly true upFull retail, settled once a year at wholesale
- Jersey Central Power and LightInvestor owned/1.1M accountsRetail, yearly true upFull retail, settled once a year at wholesale
- Atlantic City ElectricInvestor owned/560K accountsRetail, yearly true upFull retail, settled once a year at wholesale
- Rockland ElectricInvestor owned/75K accountsRetail, yearly true upFull retail, settled once a year at wholesale
New Jersey net metering rules
One for one, at the full retail rate.
- Who it binds
- The four investor owned utilities regulated by the Board of Public Utilities. The framework is statutory, so it is the same at all four.
- What happens to a surplus
- Excess credits roll over month to month at the full retail rate.
- How big a system you may build
- A system’s generating capacity may not exceed the electricity supplied to the customer over a historical twelve-month period the customer selects (N.J.A.C. 14:8-4.3(a)).
N.J.S.A. 48:3-87 — checked 2026-10-03
What actually happens after you pick
Most sites in this business hand your number to a sales team and disappear. We do the preparation first, so the company that turns up already knows your situation.
You see your real terms
Your provider page shows what that specific utility credits you, when it trues up, and where the catch is. Sourced and dated, not a sales page.
You choose the company
Companies serving your territory in New Jersey, with the reviews, years trading and BBB grade we found for each. You pick. Not a call center, not an auction.
We set the whole thing up
We call you, go through your bill and your last twelve months of use, work out what your utility owes you, and get the program paperwork in order.
They arrive prepared
The company you chose turns up to a job that is already understood, with your figures in hand. No cold pitch on your doorstep.
Solar installers in New Jersey
Every company we list for at least one New Jersey utility. Each profile shows the utilities it covers and what each one pays for the power you export.
Net metering in New Jersey: the questions people ask
- Does New Jersey have net metering?
- New Jersey credits exported power at the full retail rate, rolls credits forward month to month, and settles anything left at the annual true up at the avoided cost rate.
- What is the solar buyback rate in New Jersey?
- It is set utility by utility, not by the state. How the 4 providers we list in New Jersey credit the power you export: 4 at the full retail rate. Each one’s own page gives its figure and the date we read it.
- Is solar worth it in New Jersey in 2026?
- It depends mostly on what your utility pays for the power you export, because the 30% federal credit ended for systems completed after 31 December 2025. New Jersey homes use about 662 kWh a month at an average of 24.95 cents per kWh, according to the U.S. Energy Information Administration. Where exports are credited at the full retail rate, each kilowatt hour your panels send back is worth about that much; where they are credited below retail, size the system to what you use while the sun is up. Check your own utility on this page before you get a quote for solar panels.
- Is there a solar tax credit in New Jersey in 2026?
- Not a federal one. The 30% federal credit, IRC Section 25D, ended for systems completed after 31 December 2025, and a deposit paid in 2025 does not preserve it. Anyone still quoting it is working from an old script. Any incentive left in New Jersey comes from the state or your utility, and what your utility pays for exported power is now most of the financial case.
- Which providers does the New Jersey rule cover?
- The four investor owned utilities regulated by the Board of Public Utilities. The framework is statutory, so it is the same at all four.
- What happens to credits you do not use in New Jersey?
- Excess credits roll over month to month at the full retail rate. At the end of your twelve-month annualized period, remaining credits are paid at the average PJM locational marginal price in the utility’s zone, a wholesale price well below retail.
- How big a solar system can you install in New Jersey?
- A system’s generating capacity may not exceed the electricity supplied to the customer over a historical twelve-month period the customer selects (N.J.A.C. 14:8-4.3(a)).
- Which electricity providers does this cover in New Jersey?
- We have read the published terms of 4 providers in New Jersey: PSE&G, Jersey Central Power and Light, Atlantic City Electric, Rockland Electric. Each has its own page with the figures taken from its own tariff or from the state’s own order.
Source: N.J.S.A. 48:3-87, checked 2026-10-03.
Not sure which one you are on?
It is the name at the top of your bill. Find it on the schedule and we will show you what it pays.
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