Utilities · Solar in New Jersey

Public Service Electric and Gas (PSE&G): how it credits the solar power you send to the grid

Full retail credits with no cap, plus production-based payments through New Jersey's solar incentive program.

Checked November 12, 2026. Utilities change these rules; check the current tariff before you sign.

How it works

Exported power earns the full retail price, kWh for kWh.

PSE&G, New Jersey's largest utility, nets exports one-for-one, and leftover credit at the end of the yearly period is paid at a lower rate.

On top of bill savings, New Jersey pays solar owners for each megawatt-hour produced under its incentive program.

Because exports are worth full price, batteries in New Jersey are mostly for backup.

PSE&G serves Newark, Jersey City, Trenton and much of the state's most populated corridor.

What it means for a typical New Jersey home

With full credit, a typical 5.5 kW system in New Jersey (about $14,135 at the 2026 median price) pays for itself in about 9 years and saves about $34,839 over 25 years after its price, paid in cash with no federal credit. It doesn't matter much whether you use the power as it's made or send it out, so a battery adds backup, not savings. Payback by system size in New Jersey.

Also in New Jersey: Jersey Central Power & Light (JCP&L) (full retail credit).

All 55 utilities · Solar in New Jersey · Lease and PPA terms by company

Sources: SolarReviews: Net metering in 2026; U.S. Energy Information Administration (EIA), final 2025 data: Annual State Historical Spreadsheets (Form EIA-861, released October 7, 2026) and Electric Power Annual (October 21, 2026); EnergySage: median quoted price, first half of 2026.