Solar Panels in
New Egypt, NJ

Updated 9/18/2021

How much do solar panels cost in New Egypt, NJ in 2021?

As of September 2021, the average solar panel cost in New Egypt, NJ is $2.70/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in New Egypt, NJ ranges in cost from $11,475 to $15,525, with the average gross price for solar in New Egypt, NJ coming in at $13,500. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for solar shoppers comparing solar quotes on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company.

Average solar panel cost by system size in New Egypt, NJ

System Size System Cost System Cost (after ITC)
3 kW $8,100 $5,994
4 kW $10,800 $7,992
5 kW $13,500 $9,990
6 kW $16,200 $11,988
7 kW $18,900 $13,986
8 kW $21,600 $15,984
9 kW $24,300 $17,982
10 kW $27,000 $19,980

2021 average solar panel cost graph in New Egypt, NJ

for a 5kW system

Great Price
$11,475 or less
Market Average
$13,500
Above Market
$15,525 or more

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local NJ incentives, tax credits & rebates.

Payback Period

7.28 Years

20-Year Savings

$30,531

Cost per Watt

$2.70

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