Solar in Carteret, NJ
With PSE&G's electricity at about 26.4¢ per kWh and 1,313 kWh of sun per kW, solar is worth it for a typical Carteret home today: about a 7.5-year payback.
- Payback, typical home
- 7.5 yrsNew Jersey: 7.8 yrs
- 25-year net
- $52,836after paying $17,500
- Sun
- 1,313kWh per kW per year
- Electricity
- 26.4¢47% above U.S. average
A typical Carteret home, by the numbers
| Utility | PSE&G |
|---|---|
| Electricity use | 559 kWh a month |
| Best-value system | 5.6 kW, about 13 panels, 7,350 kWh a year (110% of use) |
| Cost | $17,500 |
| First-year savings | $1,729 |
| Payback | 7.5 years |
| Exported power | Full retail net metering (PSE&G) |
Cash purchase, no federal credit, 3.6% yearly rate increases. Run it with your own numbers.
Homes in Carteret
- Owner-occupied homes
- 55%
- Single-family detached
- 49%
- Median home value
- $406k
- Median year built
- 1960
- Population
- 25,496
- Solar installs, last 3 years*
- 221
- Roofs suitable for solar†
- 90%
Census ACS 2020–2024. *Installations in public records for this area's ZIP codes. †Share of 5,600 buildings Google Project Sunroof rated technically suitable (2019 snapshot).
Older housing stock. Many homes here were built before 1975. Have the roof and electrical panel checked before signing; a roof or panel upgrade can add thousands. Roof first?
Installers working in Carteret
Companies with the most installations in Carteret's ZIP codes over the last 3 years, from public records. We don't take payment for placement.
- Sunrun 89 installs
- Momentum Solar 30 installs
- Big Wave Roofing Solar 13 installs
- Freedom Forever 11 installs
- Trinity Solar 11 installs
- Emt Renewables 10 installs
- Sunnymac 9 installs
- Posigen 5 installs
- Suntuity 5 installs
- All Season Solar Nj 4 installs
Always verify the license and get at least three quotes. Compare quotes side by side.
Questions about solar in Carteret
Is solar worth it in Carteret, NJ?
For a typical home in Carteret, solar is worth it at 2026 prices: a 5.6 kW system costs about $17,500 after state incentives, saves about $1,729 in year one and pays back in about 7.5 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Carteret?
About 1,313 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 0% less than the New Jersey average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Carteret?
Most homes in Carteret are served by PSE&G, at about 26.4¢ per kWh on average.
How much do solar panels cost in Carteret?
A fair cash price is around $3.00 per watt before incentives, so about $17,500 for a 5.6 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- Linden 7.6 yrs
- Rahway 7.4 yrs
- Perth Amboy 7.3 yrs
- Elizabeth 7.4 yrs
- Westfield 7.4 yrs
- Bayonne 7.6 yrs
- Sayreville 8.3 yrs
- Newark 7.6 yrs
- All of New Jersey
Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.