Is Solar Worth It in Edison, NJ?

A data-driven analysis based on Edison's electricity rates, sun exposure, and available incentives.

Yes, Solar Is Worth It in Edison

With a 7-year payback and 395% ROI, solar is an excellent investment in Edison.

7 years
Payback Period
$56,681
25-Year Savings
395%
Return on Investment
$14,364
Net System Cost
$170
Monthly Savings
$2,040
Annual Savings
7.2 kW
System Size
$821
Home Value Boost

Why Solar Works in Edison

  • +High electricity rates (18.5¢/kWh) mean bigger savings
  • +Full net metering — get retail credit for excess energy
  • +SRECs available — earn additional income from solar production
  • +3 incentive programs available in New Jersey
  • +Estimated $821 increase in home value
  • +30% federal tax credit reduces upfront cost significantly
  • +Protection against future electricity rate increases (avg 3%/year)

Considerations

No significant drawbacks for solar in Edison.

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