PSE&G is an investor-owned utility serving about 2,072,339 homes in New Jersey. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.
Full retail net metering, monthly netting.
Full retail NEM, annual avoided-cost cash-out.
NJ net metering: monthly kWh netting at full retail, credits roll forward; excess at end of 12-month annualized period paid at avoided cost (wholesale)
| System | 5.6 kW (109% of 559 kWh/month) |
|---|---|
| Cost | $17,500 |
| First-year savings | $1,725 |
| Payback | 7.5 years |
| 25-year net | $52,630 |
Uses the utility's average price; time-of-use plans can change this, so pick your plan in the calculator.
Rates we verified from PSE&G's tariff documents. Prices are per kWh including the main riders where noted; check your bill for the plan you're on.
Plan for solar customers. Effective 2026-10-01. Fixed charge $6.00/month.
| Period | Price |
|---|---|
| 12am–12am (4 months) | 27.9¢ |
| 12am–12am (8 months) | 24.7¢ |
Summer (Jun-Sep): first 600 kWh/month all-in ~$0.2794; above 600 kWh ~$0.2930 (distribution 0.083859 vs 0.087934; BGS 0.126743 vs 0.136239, incl SUT). Winter flat ~$0.2466.
EIA-861, 2025.
Full retail NEM, annual avoided-cost cash-out.
Residential customers paid an average of 25.0¢ per kWh in 2025 (EIA), about 26.4¢ adjusted to 2026. The typical home uses 559 kWh a month, a bill of about $148.
For a typical customer, solar is worth it: a 5.6 kW system costing about $17,500 pays back in about 7.5 years, with $52,630 net over 25 years.
About 99,181 homes had net-metered solar at the end of 2025, roughly 4.8% of residential customers (EIA-861).
Legal name: Public Service Elec & Gas Co (EIA ID 15477). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026, utility tariff sheets.