Federal solar credit ended Dec 31, 2025
Sorted & Saved

Net metering · New Jersey

New Jersey Net Metering and Solar Export Credits

Updated Data verified Nov 5, 2026

Net metering. New Jersey utilities must offer net metering to systems sized no larger than the customer's annual usage; customers get full retail kWh credit, banked kWh are netted annually, and any excess left at the end of the annualized period is credited at the wholesale value of electricity.

On this page [ 4 ]

State rules that apply

  • What the rule says: “At the end of an annualized period, the customer-generator will receive credit on their utility bill at the wholesale value of electricity for any excess generation that remains”[1]

What it means for sizing and batteries

When exports earn close to the retail price, sizing the system to cover your yearly use is usually the best value, and a battery is mainly for backup rather than savings.

The calculator uses the statewide rule until we add utility rates. See what solar costs in New Jersey.

FAQ

Frequently asked questions

Does New Jersey have net metering?

New Jersey utilities must offer net metering to systems sized no larger than the customer's annual usage; customers get full retail kWh credit, banked kWh are netted annually, and any excess left at the end of the annualized period is credited at the wholesale value of electricity.

sources

[ 1 ]

Every number on this page links to one of these sources. Dates show when we last checked each one.

  1. Net Metering and Interconnection - New Jersey's Clean Energy Program (NJ BPU)cleanenergy.nj.gov · checked Nov 5, 2026

Tariffs last re-checked November 5, 2026.

Change log

  1. What the rule says updated to “At the end of an annualized period, the customer-generator will receive credit on their utility bill at the wholesale value of electricity for any excess generation that remains” (Net Metering and Interconnection - New Jersey's Clean Energy Program (NJ BPU)).