Net Metering in New Jersey
Current NEM policy, export rates, and impact on solar payback for New Jersey homeowners.
NEM Export Rate
$0.233
per kWh
Avg Retail Rate
$0.233
per kWh
% of Retail
100%
compensation
Policy Status
Active
since 2021-01
System Limit
Up to 2 MW
max eligible
NEM Policy Details — New Jersey
How New Jersey compensates your excess solar generation
Full retail net metering mandated for all utilities. Systems up to 2 MW eligible. Strong SREC-II market (ADI successor) adds significant value.
Source: New Jersey BPU, DSIRE · Effective: 2021-01
Calculate Your NEM Savings in New Jersey
Annual Production
—
kWh/year
NEM Export Credits
—
per year
Total Annual Savings
—
per year
Payback Period
—
years
NEM Rate Comparison
New Jersey's NEM rate is 100% of the retail electricity rate — near full retail compensation.
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