Solar vs Grid Electricity Cost in New Jersey

State Electricity Price Context

The average residential electricity rate in New Jersey is 22.15 ¢/kWh. This provides baseline context for grid electricity costs in the state. Rooftop solar offsets grid consumption—higher grid rates generally increase the potential financial value of solar.

Monthly Household Electricity Cost Baseline

Using standard 900 kWh monthly usage. Grid electricity cost that solar could offset.

At 900 kWh per month, the estimated monthly grid electricity bill in New Jersey is about $199.35.

Solar Economics Context

Rooftop solar offsets grid electricity consumption. Higher electricity prices increase the potential financial value of solar electricity—each kWh produced by solar avoids paying the grid rate. This page provides grid electricity price context only. It does not estimate solar production, system size, or installation cost.

National Comparison

The national average residential rate is 17.57¢/kWh. At that rate, a 900 kWh monthly bill would be about $158.13. New Jersey's rate is higher than the national average, which generally means solar may have greater potential value in New Jersey compared to the U.S. average.

Transparency

This page does not estimate solar production, solar installation cost, or payback periods. It provides grid electricity price context relevant to solar economics—the rates and estimated bills that solar could offset. Actual solar economics depend on system size, orientation, shading, incentives, and many other factors.

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