Solar Savings Calculator for Trenton, NJ

Homeowners in Trenton pay an average of $158/month for electricity through PSE&G. With 4.4 peak sun hours per day, solar panels can significantly reduce your energy costs.

$158
Avg Monthly Bill
18¢/kWh
Electricity Rate
4.4h/day
Peak Sun Hours
$52,464
Est. 25-Year Savings

Calculate Your Savings in Trenton

Adjust Your Details for Trenton, NJ

$
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50¢

Your Estimated Solar Savings

System Size
6.8 kW
Panel Count
17 panels
Total System Cost
$19,380
Federal Tax Credit (30%)
-$5,814
Net Cost
$13,566
Annual Savings
$1,896
Payback Period
7.2 years
25-Year Savings
$52,464
Return on Investment
387%

* Estimates based on 4.4 peak sun hours/day in Trenton, NJ, system cost of $2.85/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Local Solar Details for Trenton

Utility & Permits

Utility Company
PSE&G
Permit Cost
$400
Permit Timeline
3-5 weeks
Net Metering
full

System Estimates

Recommended Size
6.8 kW
Panel Count
17 panels
Gross Cost
$19,380
Net Cost (after credits)
$13,566

Available Incentives for Trenton, NJ

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

New Jersey TREC Program

Transition Renewable Energy Certificates with fixed pricing for 15 years.

~$90 per TREC (fixed price)

New Jersey Solar Sales Tax Exemption

Solar panels and related equipment are exempt from NJ sales tax.

No sales tax on solar equipment

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