Momentum Solar
Your Numbers
kWh per year — CT average ~8,500
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per kWh
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per month — what utility would charge for same kWh
% increase per year
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per kWh
% increase per year
Payment Trend
Year-by-Year Breakdown
YearUtility
Monthly		Solar Monthly
(before EPP)		Solar Monthly
(EPP)		Yearly
Savings
Your 25-Year Summary
💡

If You Do Nothing

$0
Total utility payments over 25 years
📈

Savings (before EPP)

$0
💰

Savings With EPP Pricing

$0
💡 What is Efficient Partner Pricing (EPP)? ▼
Save Even More

Efficient Partner Pricing (EPP) rewards homeowners who help us operate efficiently. It's the same idea insurance companies use with non-smoker discounts — people who cost less to serve get better rates.

Here's how it works for you:

  • You set aside time to go through all the information and upgrade to solar in one visit
  • That saves us from making a second trip to your home
  • Each home we don't have to revisit lets us help one additional homeowner that month
  • We pass those efficiency savings back to you as a lower monthly rate

To lock in your EPP rate today, we just need three things:

  • ✅ Sign the agreement — get your solar journey started right now
  • ✅ Schedule your Engineering Visit — we send a specialist to finalize your custom system design
  • ✅ Set up autopay — enroll in automatic bank draft (ACH) to waive the monthly billing fee and lock in your lowest rate

It's a win-win. You get a better price today, and we get to help more families switch to solar. That's why the EPP rate you see above is lower than our standard pricing.

📄 Your Solar Lease — What You're Signing Up For

▼
1. Who Is This Agreement Between? ▼

This agreement is between you (the homeowner) and IGS Solar, LLC (the company that owns and maintains the solar system).

IGS Solar leases the equipment to you. You pay a monthly amount to use the system and keep the power it generates. IGS handles installation, insurance, repairs, and monitoring for the full 25 years.

All obligations start on the "Transaction Date" listed on your agreement — that's the day you sign.

2. How Long Is This Agreement? ▼

This is a 25-year lease — 300 months total. Think of it like leasing a car, but for solar panels.

The clock starts on the first day of the month right after your system gets turned on and connected to the grid. We call that the "Interconnection Date." Every year after that is a "Contract Year."

What this means for you: You're locking in your solar rate for 25 years. No renegotiating, no surprises. After 25 years, you choose what happens next — renew, buy the system, or let us remove it for free.

3. Your Monthly Payment ▼

You pay one fixed monthly amount for using the solar system. That's it. No equipment costs, no installation fees, no maintenance bills.

When you sign up, you'll set up automatic payment by credit card, debit card, or bank transfer (ACH). If you set up auto-pay through your bank (ACH), we usually waive the small monthly billing fee — so it's basically free to pay.

You'll get an email invoice every month. If a payment bounces, there's a standard returned-check fee (same as any other bill). If you're late, the fee is 1.5% per month on the past-due amount.

Sales tax may apply to your monthly payment, just like it does on your utility bill. That's normal.

Bottom line: Set it and forget it. One predictable payment. No utility bill roller coaster.

4. What Each Side Handles ▼

What IGS handles (so you don't have to):

  • Installation and construction start to finish
  • A revenue-grade meter that tracks every kilowatt-hour your system produces
  • Insurance on the system against damage or loss
  • All repairs if something breaks
  • No lien on your house — your home title stays clean. We may file a simple equipment notice (like a car loan notice) just to show we own the panels, but that's it

What we ask from you:

  • Keep trees and bushes trimmed so they don't shade the panels
  • Don't clean or modify the system yourself — call us if something looks off
  • Tell us ASAP if you see damage or something missing
  • Sign permit and inspection paperwork within 7 days when we send it
  • Keep your internet on — the monitoring system needs a connection to track performance. We can use your WiFi or install a cellular gateway
  • Get HOA approval if your neighborhood requires it
  • Don't use the system to heat a pool or hot tub
  • Share utility bills when we ask — helps us verify your savings

Roof work: If you're getting a new roof or doing construction that affects the panels, give us 30 days' notice. We'll coordinate removal and reinstallation. You keep paying your lease during any brief downtime.

Access: We need to get on your roof occasionally for maintenance or monitoring. We'll always try to give you reasonable notice. Access continues for 90 days after the lease ends, just in case we need to remove the system.

Bottom line: IGS handles the technical stuff. You handle basic homeowner stuff. Fair trade.

5. Before We Install ▼

Before installation day, we do our homework:

  • Engineering site audit to make sure your roof is solid
  • Final system design customized for your home
  • Real estate due diligence
  • All city permits, zoning, and building approvals
  • We claim any available rebates and renewable energy credits

You just need to return any paperwork we send you and get HOA approval if it applies.

If for some reason your roof can't support solar or the city won't approve it, we can cancel the agreement — but that's rare and protects both of us.

6. Changes to This Agreement ▼

The only way this agreement changes is if both of us sign a written amendment. No handshake deals, no verbal promises. We can fix utility paperwork to match the lease terms, but nothing changes your rate or your obligations without your signature.

7. Your Warranties ▼

Your protection comes from two documents:

  • The Limited Warranty (Exhibit 2) — covers defects, workmanship, and materials for 25 years
  • The Production Guarantee (Exhibit 3) — makes sure your system performs

Those two documents cover everything that matters. IGS doesn't make promises beyond what's in those exhibits — but honestly, they cover all the important stuff.

8. Can IGS Sell This Lease to Someone Else? ▼

Your lease may be transferred to a qualified financing partner — just like your mortgage gets sold to another bank. This is standard for solar leases.

Your rate, your terms, your warranty — nothing changes for you. The new company takes over the backend, and the old company is off the hook. Same as when your mortgage gets sold.

9. Who Owns the Equipment? ▼

IGS owns the panels, inverters, and equipment. It's considered personal property — like a leased car, not a built-in appliance. It doesn't become part of your house.

You can't let anyone put a lien on the equipment. If a contractor you hire separately tries to file a lien on the panels, you have 30 days to clear it.

Bottom line: You get all the benefits of solar without the headaches of ownership.

10. Who Owns the Power? ▼

You do. Every kilowatt-hour that hits your roof is yours. That's what you're paying for — the power, not the hardware.

11. Tax Credits & Incentives ▼

Since IGS owns the equipment, we claim the federal tax credits, state rebates, and renewable energy credits (SRECs). That's how we can offer you such a low monthly rate. We take the tax benefits on the front end, you take the savings on the back end. Win-win.

You'll need to sign some utility paperwork so we can process the incentives, but that's standard and takes two minutes.

Bottom line: The tax credits are baked into your low monthly payment. You're already getting the benefit — just in the form of savings instead of a tax form.

12. Can You Buy the System Later? Yes. ▼

Starting at year 5, you can buy the system outright if you want. The price is based on whichever is more fair:

  • Your remaining payments at a discount: All remaining lease payments, discounted at 5% per year. Basically "pay off the lease early at a discount."
  • What the system is actually worth: An independent appraiser figures out the fair market value. IGS pays for the appraisal.

If you buy it, you get any remaining manufacturer warranties and a bill of sale. From that day on, you're responsible for maintenance and repairs — just like you own it.

Bottom line: You have an exit ramp. Most people don't buy because the lease savings are already great, but the option is there if your situation changes.

13. What If You Sell Your House? ▼

You have three easy options. Most buyers love taking over a solar lease because it means lower electric bills from day one.

Option 1: Transfer the lease. Give us 30 days' notice, we run a quick credit check on the buyer. If they qualify, they take over the payments. This is the most common route — buyers see solar as a selling point.

Option 2: Prepay the lease. Pay off the remaining payments in a lump sum. The new owner pays nothing but still gets the solar power. Great for cash buyers.

Option 3: Buy the system (only if you're past year 5) and include it in the home sale. Now the buyer owns the panels free and clear.

Bottom line: Solar doesn't trap you in your house. It's a selling point. And if none of these work, talk to us — we want to help, not punish.

14. What Happens After Year 25? ▼

About 3 months before your lease ends, we mail you renewal forms. You have three choices:

  • Renew — sign the forms and keep going
  • Decline — sign the forms saying you're done, and the lease ends
  • Do nothing — your lease continues year-to-year at the same low rate, and you can stop anytime with 30 days' notice

If you don't renew or buy, we can remove the system for free at a time that works for you. Or we may transfer ownership to you as-is at no charge, and the system becomes yours to keep.

Bottom line: No cliff at year 25. You have options, and if you want out, we clean up after ourselves.

15. System Removal ▼

If you don't renew or buy after 25 years, we can remove the system for free and schedule it at your convenience. We'll take the panels off, seal the roof penetrations, and leave your roof as close to original as possible.

Or we may transfer ownership to you as-is at no charge, and the system becomes yours to keep.

16. Storms, Damage & Insurance ▼

Unless you intentionally damage the panels or are grossly negligent, IGS covers everything — hail, wind, fire, theft, you name it.

Your lease payment stays the same during repairs, but remember — you're still getting power from the grid, so your lights stay on while we fix the system. The repair is on us, not you.

Bottom line: Sleep easy. A tree falls on your roof? Not your wallet. Lightning strikes an inverter? We replace it.

17. Liability Limits ▼

If something goes wrong, IGS is only on the hook for direct damages — not lost profits, emotional distress, or other indirect stuff. Your liability to IGS is capped at what you'd owe under the default section.

Standard lease language. Every contract has it.

18. When Would This Go Bad? ▼

You're in default if:

  • You miss a payment and it's 30+ days late
  • You break a major rule and don't fix it within 14 days of us notifying you
  • You alter the system without permission
  • You give us false info on the application
  • You try to sell or transfer the lease without our okay
  • You go into bankruptcy or foreclosure

Bottom line: Pay your bill, don't mess with the equipment, and be honest. Do that, and you'll never think about this section. 99% of customers don't.

19. What Happens If Things Go South? ▼

This is the worst-case scenario section. If you default, we can try to fix the situation, take the system back, ask for the remaining value, or report it to credit bureaus.

This almost never happens because most people just pay their bill and enjoy the savings. If you're struggling, call us before you miss a payment — we'd rather work with you than against you.

20. Credit Check ▼

We run your credit when you apply. We report your payment history to credit bureaus.

Pay on time, build credit. Miss payments, it can hurt — just like any other bill. Standard stuff.

21. Photos of Your System ▼

We might take pictures of the panels on your roof for our website or marketing materials. Your name, address, and personal details stay private.

Your house might be a solar model home. No big deal.

22. Waivers ▼

If we don't enforce a rule one time, that doesn't mean we can't enforce it later. Standard contract language.

23. Legal Stuff ▼

This agreement follows the laws of your state. If there's a dispute, it gets handled in your local courts. No jury trials, no class actions — just straightforward resolution.

Standard legal boilerplate. Every contract has it.

24. Notices ▼

Important stuff has to be in writing — email, mail, or hand delivery. No "he said, she said."

25. The Whole Deal ▼

This document is the whole deal. No side agreements unless both of us sign them. If a court says one part doesn't work, the rest still stands.

26. Your Right to Cancel — 7-Day Safety Net ▼

You have 7 business days to change your mind. Zero cost. Zero hassle.

Sleep on it. Talk to your spouse. Google us. If you're not 100% in, cancel within a week and it's like it never happened. We'll refund any payments within 10 business days.

To cancel, just send a written notice to:

IGS Solar, LLC
6100 Emerald Parkway
Dublin, Ohio 43016
Email: SolarSupport@igs.com

Before You Sign ▼

By signing, you're saying:

  • "I've read this agreement and I understand it's legally binding"
  • "I know utility rates change over time, so savings can vary month to month — but over 25 years, the math is strongly in my favor"

Don't sign if there are blank spaces. Everything should be filled in before you put pen to paper.

Bottom line: You're making an informed decision. No pressure, no rush. You have 7 days to back out. Let me make sure every blank is filled and every question is answered before you sign.

Your 25-Year Warranty ▼

System Warranty: Professional install, free from defects in workmanship and materials for 25 years under normal use.

Roof Warranty: All roof penetrations are watertight for 5 years. If we put a hole in your roof, we seal it right.

Operation: The system will operate within manufacturer specs. If not, we repair or replace defective parts and restore operation.

Monitoring: Free monitoring for the full 25 years (unless you buy the system). We watch your production remotely. If something's off, we know before you do and we fix it.

Claims: Email SolarSupport@igs.com, call 888.974.0114, or mail overnight to 6100 Emerald Parkway, Dublin, OH 43016 — ATTN: IGS Residential Solar.

What's NOT covered: Damage you cause, unauthorized repairs, new tree growth shading the panels, or failures not caused by a system defect. Acts of God (hurricanes, earthquakes) — but remember, IGS still insures the system against those.

Bottom line: You're covered for 25 years. If the system breaks, underperforms, or leaks — we handle it. That's the whole point of leasing instead of buying.

Solar Panel Costs in New Jersey 2026 | Complete Pricing Guide
💰 Complete Pricing Guide

How Much Do Solar Panels Cost in New Jersey? (2026)

The definitive breakdown. Learn about $0-down leases, the 30% federal tax loophole, SuSI TREC income, and why NJ solar ROI is the strongest in America.

Omar Jackson
Omar Jackson — Solar by Omar Founder | 300+ NJ Solar Systems Installed I’ve closed 300+ residential solar projects across PSEG, JCP&L, and Atlantic City Electric territories since 2019. I negotiate directly with manufacturers and installers on pricing, monitor BPU rate filings monthly, and know the exact financial breakdown for every NJ solar scenario — ownership, lease, and PPA. This guide reflects actual 2026 market data, not industry averages.

If you’re reading this in March 2026, your New Jersey electricity bill is probably 25–35% higher than it was two years ago. PSEG, JCP&L, and Atlantic City Electric have all passed aggressive rate increases. At the same time, federal tax credit structures changed on January 1, 2026, shifting how homeowners can actually afford solar.

This guide answers the question: How much do solar panels actually cost in New Jersey right now? We’ll break down pricing by system size, explain why your neighbor’s quote might be 20% cheaper than yours, and show you exactly how the $0-down lease model lets you lock in 30% savings without paying upfront.

The 2026 Solar Pricing Snapshot

⚡ Average Installed Costs in March 2026

$2.77 to $3.15 per watt for standard grid-tied residential installations in New Jersey. A typical 8 kW system = $24,500 gross cost before incentives. On a $0-down lease or PPA, that effective cost drops to $17,150 net after the federal 30% commercial credit is applied.

Pricing by System Size (2026 NJ Averages)

System Size Avg Monthly Offset Gross Cost (Cash/Loan) Net After 30% Credit (Lease/PPA)* Payback Period (Owned)
5 kW (Small/Condo) $115–$140 $15,350 $10,745 8–12 years
8 kW (Average NJ Home) $185–$220 $24,500 $17,150 7–10 years
12 kW (Large Home/Pool) $275–$330 $36,750 $25,725 8–12 years

*Net costs reflect the 30% federal Section 48E commercial tax credit applied through Third-Party Owned (TPO) leases or PPAs. Customers pay a monthly energy rate (typically $0.16–$0.18/kWh locked) rather than a lump system cost, achieving immediate bill savings.

What Actually Determines Your Final Price?

Why does one quote come back at $2.77/watt while another is $3.20/watt for the same system size? The variance comes from five core factors. Note: Pricing varies significantly by municipality, roof type, and electrician labor availability within NJ. Always get multiple quotes for your specific address.

1. Roof Complexity

A simple single-story asphalt shingle roof is baseline cost. Steep pitches, multiple roof sections, or fragile slate/tile adds 10–20% labor premium and may require additional structural engineering.

2. Panel & Inverter Quality

Budget string inverters save ~$1,500 upfront but reduce long-term production by 3–5% in NJ’s partly cloudy climate. Premium panels (REC, Qcells) + microinverters add 15–20¢/watt but maximize output.

3. Electrical Difficulty

Standard 200A service upgrades are included. Older homes requiring panel upgrades, new trenching, or complex meter work add $2,000–$6,000 to final cost.

4. Permitting & Interconnection

NJ municipalities vary wildly on permit timelines and requirements. Fast approval areas: 4–6 weeks. Slow jurisdictions: 12+ weeks. Constrained circuits on ACE territory may require additional engineering studies (+$1,500–$3,000).

5. Adding Battery Storage

Tesla Powerwall 3 (13.5 kWh) adds $9,000–$13,000 gross cost. Critical for homeowners on Time of Use rates seeking grid arbitrage savings of $4,000–$6,000 annually.

Market Example: 8 kW System Financial Breakdown

Typical PSEG Customer Scenario — How Numbers Play Out

Assumption: PSEG customer with average 650 kWh/month usage ($189/month at $0.29/kWh effective rate). Standard roof, no electrical upgrades needed. Wants $0-down lease option.

Market pricing for this profile:

  • System size: 8 kW (industry standard for this usage profile)
  • Gross cost (cash/loan): 8 kW × $2.87/watt (mid-market 2026 rate) = $22,960
  • Net cost after 30% commercial credit: $22,960 × 0.70 = $16,072
  • Monthly lease payment: $16,072 ÷ 300 months (25-year term) ≈ $54–$64/month (varies by financing)

Year 1 financial impact:

  • Bill savings: $189 (current PSEG) – $62 (lease + delivery fee) = $127/month = $1,524/year
  • NJ SuSI TREC income: 8 kW system producing ~10,500 kWh/year = 10.5 MWh × $85.90 = $902/year
  • Total Year 1 benefit: $2,426 (savings + TREC before financing costs)

Why this structure works: Homeowners achieve 30% savings through the installer’s commercial tax credit (Section 48E) without needing personal tax liability. This is the dominant financing model in NJ as of 2026 because direct residential ownership lost its 30% credit on January 1.

The Federal Tax Credit Shift (Why 2026 Changed Everything)

On December 31, 2025, the federal residential 30% tax credit (Section 25D) expired. Prior to this date, homeowners who purchased solar systems with cash or loans could claim a 30% income tax credit. That benefit is now gone for direct ownership.

However, the commercial 48E credit remains active. This is the “tax loophole” that keeps solar affordable in 2026. Here’s how it works:

  • You don’t own the system. A solar company owns it. They claim the 30% commercial credit against their corporate taxes.
  • You get the benefit anyway. The company passes the 30% savings to you as a lower monthly lease rate or PPA price per kWh.
  • Result: You achieve the same 30% savings, but without needing tax liability or needing to own the hardware.

This is why $0-down leases are now the dominant model in NJ. They’re not just a financing option — they’re the only way homeowners can still access the federal tax benefit structure after January 1, 2026.

The NJ SuSI Program: $12,000–$15,000 Extra Income

While federal credits shifted, New Jersey’s state-level incentive remains the strongest in America. The SuSI (Solar Advancement and Financing) program pays homeowners for every megawatt-hour their system generates. As of March 2026, the residential Auction Clearing Price (ADI) set by the NJ Board of Public Utilities is $85.90/MWh.

For a typical 8 kW NJ system producing ~10,500 kWh/year:

  • Annual production: 10,500 kWh = 10.5 MWh
  • Annual TREC income: 10.5 MWh × $85.90 = $902/year
  • 15-year program life: $902 × 15 = $13,530 total income

This incentive is available whether you own, lease, or use a PPA. It’s pure income on top of your bill savings. Most homeowners don’t factor this into their ROI calculation — and that’s a mistake.

Get Your Custom Solar Cost Breakdown

We’ll calculate your exact system size, roof design cost, interconnection complexity, and your specific TREC income. You’ll get a side-by-side comparison of ownership vs lease vs PPA options — with real 2026 pricing for your address.

⚡ Check Your Custom Solar Costs

Is Solar Still Worth It in New Jersey in 2026?

Absolutely. Here’s why:

  • Electricity rates have risen consistently. NJ utilities filed rate increases totaling 15–25% over 2022–2026. Solar locks your rate for 25 years, eliminating future rate shock.
  • The 30% benefit didn’t disappear — it just changed form. Leases still deliver 30% savings, just through a different tax structure (Section 48E commercial credit instead of residential 25D).
  • NJ SuSI TREC income is guaranteed for 15 years. The state has committed $85.90/MWh minimum through 2041. This adds $12,000–$15,000 on top of bill savings for an average system.
  • Property tax exempt. Solar adds real home value but NJ law prohibits municipalities from raising your property tax.
  • No sales tax. All NJ solar equipment is exempt from the 6.625% state sales tax (saves ~$1,500 on an 8 kW system).

Frequently Asked Questions

Installation labor costs have risen 12–15% nationally due to supply chain inflation and increased demand for electricians. NJ-specific factors include tighter permitting in some municipalities and electrical work complexity on older homes. However, panel costs themselves have actually fallen slightly. The net effect: $2.77–$3.15/watt in 2026 vs $2.60–$2.95/watt in 2024. Get your 2026 quote here for your specific situation.
The 30% residential tax credit (Section 25D) expired December 31, 2025 for direct ownership. However, the 30% commercial credit (Section 48E) remains active and is passed to customers through $0-down leases and PPAs. On a lease, you achieve the same 30% savings but through the installer’s tax benefit structure. This is why leasing became the dominant model in 2026.
Standard installation includes: solar panels, inverter(s), racking hardware, electrical work, permits, interconnection application, utility coordination, inspections, and all labor. Does NOT include: roof repairs/replacement (if needed), electrical panel upgrades (if required), battery storage (optional add-on), or monitoring software upgrades.
The NJ SuSI program pays $85.90 per MWh (as of March 2026) for 15 years. An 8 kW system producing ~10,500 kWh/year generates 10.5 MWh, earning ~$902/year or ~$75/month in TREC income. This income is available whether you own, lease, or use a PPA. Get your custom TREC estimate here.
Ownership costs more upfront but generates higher lifetime savings (~$80,000–$120,000 over 25 years). Leasing costs zero upfront and delivers moderate lifetime savings (~$40,000–$60,000). The choice depends on your financial position and tax situation. For most NJ homeowners in 2026, the $0-down lease model is the faster path to savings and avoids the tax credit gap that eliminated direct ownership benefits.
If your roof is under 15 years old and in decent condition, solar can be installed without roof work. If your roof is 15+ years old or shows damage, replacement should happen before solar install. The combined cost of roof + solar is often cheaper than two separate projects. Most NJ homes don’t need roof replacement — we do a free inspection first.

Ready to Lock in Your 2026 Solar Price?

Pricing changes monthly based on material costs and labor availability. The longer you wait, the higher your utility rates climb. Get your exact quote — with your system size, TREC income, and financing options — before April closes.

⚡ Get My Solar Cost Breakdown

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