Is solar worth it in 07083 (Union, NJ)?

With an average payback period of 9.9 years and 25-year savings of $35,800, solar panels in Union, New Jersey are a solid investment.

How much do solar panels cost in 07083?

The average cost of a 6kW residential solar system in Union, New Jersey is $14,200 before incentives. The federal 30% Investment Tax Credit reduces this to about $9,940.

How much solar electricity does 07083 get?

Union receives 4.49 kWh/m²/day of solar irradiance. A 6kW system in zip code 07083 produces approximately 7,866 kWh per year.

Solar Panel ROI in 07083

Union, New Jersey — Is solar worth it here? Here's what the data says.

2.5x ROI Score

9.9 yrs Payback Period

$1,432/yr Annual Savings

$35,800 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $1,432

Payback 9.9 yrs

25-yr savings $35,800

Solar Calculator for 07083 (Union)

Adjust values to see your personalized solar ROI estimate for Union, New Jersey.

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

4.49 kWh/m²/day

Based on NREL data for Union, NJ

ROI Score 2.5x

Annual Production 7,866 kWh

Annual Savings $1,432

Payback Period 9.9 years

25-Year Savings $35,800

After 30% ITC $9,940

Solar Data for 07083 – Union, NJ

Solar Irradiance 4.49 kWh/m²/day -9.5% vs national avg

vs New Jersey Avg -0.7% State avg: 4.8 kWh/m²/day

Electricity Rate $0.182/kWh New Jersey average rate

Annual Production 7,866 kWh 6kW system estimate

Union gets 4.49 kWh/m²/day (9.5% below national avg) and electricity at $0.182/kWh. The 9.9-year payback represents a solid return — the federal 30% ITC further reduces costs.

Solar Incentives for Union, New Jersey

★

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $14,200 system, that's $4,260 back.

★

Net Metering

Most New Jersey utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

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New Jersey State Programs

Check with the New Jersey energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Union.

07083 vs New Jersey Average

Solar Irradiance

07083: 4.49 NJ avg: 4.8

Payback Period

07083: 9.9 yrs NJ avg: 9.6 yrs

Annual Savings

07083: $1,432 NJ avg: $1,478

25-Year Savings

07083: $35,800 NJ avg: $36,950

See the full New Jersey solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

07001 Avenel, NJ 2.5x ROI 9.9 yr payback 07032 Kearny, NJ 2.5x ROI 9.9 yr payback 07305 Jersey City, NJ 2.5x ROI 9.9 yr payback 10301 Staten Island, NY 2.6x ROI 9.8 yr payback 07011 Clifton, NJ 2.5x ROI 9.9 yr payback