Solar Panel ROI in 07093

West New York, 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 07093 (West New York)

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

kW
$
$ /kWh
4.49 kWh/m²/day
Based on NREL data for West New York, 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 07093 – West New York, 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

West New York 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 West New York, 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.

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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 West New York.

07093 vs New Jersey Average

Solar Irradiance
07093: 4.49 NJ avg: 4.8
Payback Period
07093: 9.9 yrs NJ avg: 9.6 yrs
Annual Savings
07093: $1,432 NJ avg: $1,478
25-Year Savings
07093: $35,800 NJ avg: $36,950

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

Nearby Zip Codes — Solar Comparison

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