Solar in Lakewood, NJ
With JCP&L's electricity at about 19.9¢ per kWh and 1,356 kWh of sun per kW, solar is worth it for a typical Lakewood home today: about a 8.2-year payback.
- Payback, typical home
- 8.2 yrsNew Jersey: 7.8 yrs
- 25-year net
- $52,311after paying $21,000
- Sun
- 1,356kWh per kW per year
- Electricity
- 19.9¢10% above U.S. average
A typical Lakewood home, by the numbers
| Utility | JCP&L |
|---|---|
| Electricity use | 790 kWh a month |
| Best-value system | 7 kW, about 16 panels, 9,491 kWh a year (100% of use) |
| Cost | $21,000 |
| First-year savings | $1,805 |
| Payback | 8.2 years |
| Exported power | Full retail net metering (JCP&L) |
Cash purchase, no federal credit, 3.6% yearly rate increases. Run it with your own numbers.
Homes in Lakewood
- Owner-occupied homes
- 39%
- Single-family detached
- 36%
- Median home value
- $716k
- Median year built
- 1993
- Population
- 69,585
- Solar installs, last 3 years*
- 437
Census ACS 2020–2024. *Installations in public records for this area's ZIP codes.
Installers working in Lakewood
Companies with the most installations in Lakewood's ZIP codes over the last 3 years, from public records. We don't take payment for placement.
- Powerlutions 226 installs
- Green Revolution Solar 75 installs
- Kamtech Solar 50 installs
- Powur 31 installs
- Momentum Solar 10 installs
- Sunrun 8 installs
- Trinity Solar 7 installs
- Sunpurity 5 installs
- Emt Renewables 4 installs
- Brilliant Installations 3 installs
Always verify the license and get at least three quotes. Compare quotes side by side.
Questions about solar in Lakewood
Is solar worth it in Lakewood, NJ?
For a typical home in Lakewood, solar is worth it at 2026 prices: a 7 kW system costs about $21,000 after state incentives, saves about $1,805 in year one and pays back in about 8.2 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Lakewood?
About 1,356 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 3% more than the New Jersey average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Lakewood?
Most homes in Lakewood are served by JCP&L, at about 19.9¢ per kWh on average.
How much do solar panels cost in Lakewood?
A fair cash price is around $3.00 per watt before incentives, so about $21,000 for a 7 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- Toms River 8.1 yrs
- Long Branch 8.2 yrs
- Old Bridge 8.3 yrs
- Sayreville 8.3 yrs
- Perth Amboy 7.3 yrs
- New Brunswick 7.5 yrs
- Princeton 7.4 yrs
- Trenton 7.4 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.