Solar Panel Savings in Bayonne, NJ

Calculate how much you can save with solar panels in Bayonne, New Jersey. Based on 4.5 peak sun hours/day and 15.7¢/kWh average electricity rate.

4.5

Peak Sun Hours/Day

15.7¢

Avg Rate (¢/kWh)

9.1 yr

Payback Period

$19k

25-Year Savings

Bayonne Solar Overview

Population:71,852
Sunny Days/Year:203
Avg Temperature:56°F
Solar Penetration:5.9%
Utility Company:PSE&G
Net Metering:Available

Calculate Your Bayonne Solar Savings

3 kW15 kW

Bayonne average: $142/mo

South-facing roofs produce the most energy

Add $8,000-$12,000 for whole-home battery backup

Annual Production

7,884

kWh/year

Annual Savings

$1,240

per year

Net System Cost

$11,046

after 30% ITC

Payback Period

8.9 yr

break-even time

25-Year Total Savings

$42,356

Monthly Savings

$103

Federal Tax Credit

$4,734

Cumulative Savings vs System Cost

$0k$11k$22k$33k$44kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemBayonneNational Avg
Gross System Cost (6kW)$15,780$17,100
Federal Tax Credit (30%)-$4,734-$5,130
Net System Cost$11,046$11,970
Cost Per Watt$2.63/W$2.85/W

Solar Potential in Bayonne

Sun Hours vs National Average

4.5 hrs
4.5 hrs

Bayonne gets exactly the national average sun hours.

Climate Advantages

  • 203 sunny days per year
  • Average temperature: 56°F — cooler temps actually improve panel efficiency
  • Average roof size: 1,569 sq ft — enough for a 87-panel system

Bayonne Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $15,780 system, that's a $4,734 credit. Valid through 2032.

New Jersey State Incentives

Successor Solar Incentive (SuSI) program.

Net Metering — PSE&G

PSE&G offers net metering in Bayonne. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.

Environmental Impact in Bayonne

3.3

Tons CO2 Offset/Year

54

Equivalent Trees Planted

0.7

Homes Worth of Energy

Based on 7,884 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.

Solar Energy in Bayonne, New Jersey

Bayonne, New Jersey receives an average of 4.5 peak sun hours per day, providing excellent conditions for residential solar installations. With electricity rates averaging 15.7¢ per kWh from PSE&G, near the national average, solar provides competitive returns on investment.

A typical 6kW solar system in Bayonne produces approximately 7,884 kWh per year, saving homeowners an estimated $1,240 annually. The system pays for itself in about 8.9 years, after which you enjoy essentially free electricity for the remaining 16+ years of the system's warranty life.

Bayonne has a solar penetration rate of 5.9% — showing growing adoption of residential solar, with significant room for expansion. The cost of living index of 128.4 (national average: 100) means higher electricity costs, which amplifies solar savings.

Other Cities in New Jersey

Frequently Asked Questions

How much do solar panels cost in Bayonne, NJ?

The average cost of a 6kW solar panel system in Bayonne is approximately $15,780 before incentives ($2.63/watt). After the 30% federal Investment Tax Credit, the net cost is about $11,046. Successor Solar Incentive (SuSI) program.

How many peak sun hours does Bayonne get?

Bayonne, NJ receives an average of 4.5 peak sun hours per day and approximately 203 sunny days per year. This is near the national average, providing good conditions for residential solar panels.

What is the solar payback period in Bayonne?

The average solar payback period in Bayonne is approximately 9.1 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $19,179.

Does Bayonne have net metering?

Yes, Bayonne has access to net metering through PSE&G. This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.

Is solar worth it in Bayonne, NJ?

Absolutely. With a 9.1-year payback period and $19,179 in 25-year savings, solar is an excellent investment in Bayonne. The 30% federal tax credit and local incentives help make solar financially attractive.

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