Electricity rate reference
SolarCalcNow currently uses 24.95 cents/kWh for New Jersey.
$0.2495/kWh
24.95 ¢/kWh
EIA Table 5.6.A, June 2026 residential column; published August 26, 2026. Divide the published cents/kWh by 100. This preliminary statewide average is a fallback, not your utility tariff. Use your bill's energy-only rate; fixed charges remain payable.
A statewide residential average is a consistent early-planning input, not a reproduction of one utility bill. SolarCalcNow uses it to value electricity consumed directly from the solar system and to establish the annual energy-charge ceiling in the savings model. The calculation does not assume solar removes fixed charges, minimum bills, demand charges, taxes, or every time-of-use period. It also values exported production separately under the selected export assumption. This separation lets you test the effect of a different rate or export value without changing the system's physical production target.
New Jersey's relatively high residential-rate context can support solar savings, but a statewide average does not establish the value of a particular proposal. Compare annual kWh first, then inspect production, gross price, and export assumptions separately. A lower quoted monthly payment can reflect financing structure rather than a better energy result, so it should not replace a transparent gross-cost comparison.
The state's established solar market also makes equipment, warranty, service, and incentive claims important quote-review topics. SolarCalcNow does not include a program in net-cost math merely because it is mentioned by a salesperson. Verify current eligibility and ownership rules from primary sources, and confirm the serving utility's rate and export terms instead of treating this statewide figure as a complete bill model.
These values come from the existing calculator engine. They multiply the annualized usage scenario by the source-linked state rate and do not include fixed charges, future rate increases, or a utility-specific tariff.
| Monthly usage | Annual usage | Modeled energy charge |
|---|---|---|
| 600 kWh | 7,200 kWh | $1,796 |
| 900 kWh | 10,800 kWh | $2,695 |
| 1,200 kWh | 14,400 kWh | $3,593 |
The calculator estimates bill savings from self-consumed solar at the selected residential rate. A higher rate can shorten payback, while a lower rate makes installed cost and export credit assumptions more important.
Utility plans, time-of-use pricing, net billing, fixed charges, and export credits can differ from a statewide average. Check your bill and utility tariff before treating a planning estimate as a quote.