Typical home: Worth it

Solar in Newark, NJ

With PSE&G's electricity at about 26.4¢ per kWh and 1,305 kWh of sun per kW, solar is worth it for a typical Newark home today: about a 7.6-year payback.

Payback, typical home
7.6 yrsNew Jersey: 7.8 yrs
25-year net
$52,544after paying $17,750
Sun
1,305kWh per kW per year
Electricity
26.4¢47% above U.S. average

A typical Newark home, by the numbers

UtilityPSE&G
Electricity use559 kWh a month
Best-value system5.7 kW, about 13 panels, 7,441 kWh a year (111% of use)
Cost$17,750
First-year savings$1,728
Payback7.6 years
Exported powerFull retail net metering (PSE&G)

Cash purchase, no federal credit, 3.6% yearly rate increases. Run it with your own numbers.

Solar production per kW in Newark

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan74
Feb92
Mar114
Apr117
May135
Jun139
Jul138
Aug135
Sep115
Oct102
Nov77
Dec68

Homes in Newark

Owner-occupied homes
24%
Single-family detached
13%
Median home value
$374k
Median year built
1966
Population
310,178
Solar installs, last 3 years*
709
Roofs suitable for solar†
84%

Census ACS 2020–2024. *Installations in public records for this area's ZIP codes. †Share of 33,567 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 Newark

Companies with the most installations in Newark's ZIP codes over the last 3 years, from public records. We don't take payment for placement.

  1. Momentum Solar 225 installs
  2. Trinity Solar 90 installs
  3. Posigen 46 installs
  4. Big Wave Roofing Solar 43 installs
  5. Sunnymac 41 installs
  6. Power Energy Solutions 28 installs
  7. Fusion Solar Energy 27 installs
  8. Vision Solar 26 installs
  9. Freedom Forever 22 installs
  10. Velocity Energy Home Solutions 21 installs

Always verify the license and get at least three quotes. Compare quotes side by side.

Questions about solar in Newark

Is solar worth it in Newark, NJ?

For a typical home in Newark, solar is worth it at 2026 prices: a 5.7 kW system costs about $17,750 after state incentives, saves about $1,728 in year one and pays back in about 7.6 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Newark?

About 1,305 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 1% less than the New Jersey average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Newark?

Most homes in Newark are served by PSE&G, at about 26.4¢ per kWh on average.

How much do solar panels cost in Newark?

A fair cash price is around $3.00 per watt before incentives, so about $17,750 for a 5.7 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

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.