For those in NJ that are interested in going solar but not sure if it's worth it here are my numbers and hope it helps.
My system consist of 29 panels and can generate ~10,500 kWh a year. System turned on Jan 14, 2018. Total kWh used for 2018 is 12,701. Total cost of electricity $843 and total SREC received ~$2,100. I'm also locked in for 15 years for the SREC program. My system cost ~$20K after federal rebate. For me this makes total sense and the system pays for itself!
My system consist of 29 panels and can generate ~10,500 kWh a year. System turned on Jan 14, 2018. Total kWh used for 2018 is 12,701. Total cost of electricity $843 and total SREC received ~$2,100. I'm also locked in for 15 years for the SREC program. My system cost ~$20K after federal rebate. For me this makes total sense and the system pays for itself!
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