Solar Panel Savings in Evesham, NJ

Calculate how much you can save with solar panels in Evesham, New Jersey. Based on 4.4 peak sun hours/day and 15.6¢/kWh average electricity rate.

4.4

Peak Sun Hours/Day

15.6¢

Avg Rate (¢/kWh)

11.1 yr

Payback Period

$41k

25-Year Savings

Evesham Solar Overview

Population:46,647
Sunny Days/Year:209
Avg Temperature:55°F
Solar Penetration:5.8%
Utility Company:PSE&G
Net Metering:Available

Calculate Your Evesham Solar Savings

3 kW15 kW

Evesham average: $140/mo

South-facing roofs produce the most energy

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

Annual Production

7,709

kWh/year

Annual Savings

$1,199

per year

Net System Cost

$12,936

after 30% ITC

Payback Period

10.8 yr

break-even time

25-Year Total Savings

$40,955

Monthly Savings

$100

Federal Tax Credit

$5,544

Cumulative Savings vs System Cost

$0k$11k$22k$32k$43kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemEveshamNational Avg
Gross System Cost (6kW)$18,480$17,100
Federal Tax Credit (30%)-$5,544-$5,130
Net System Cost$12,936$11,970
Cost Per Watt$3.08/W$2.85/W

Solar Potential in Evesham

Sun Hours vs National Average

4.4 hrs
4.5 hrs

Evesham gets 2% less sun than the national average, but high-efficiency panels compensate.

Climate Advantages

  • 209 sunny days per year
  • Average temperature: 55°F — cooler temps actually improve panel efficiency
  • Average roof size: 1,825 sq ft — enough for a 101-panel system

Evesham Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $18,480 system, that's a $5,544 credit. Valid through 2032.

New Jersey State Incentives

Successor Solar Incentive (SuSI) program.

Net Metering — PSE&G

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

Environmental Impact in Evesham

3.2

Tons CO2 Offset/Year

53

Equivalent Trees Planted

0.7

Homes Worth of Energy

Based on 7,709 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 Evesham, New Jersey

Evesham, New Jersey receives an average of 4.4 peak sun hours per day, offering adequate solar resources for homeowners looking to reduce their electricity bills. With electricity rates averaging 15.6¢ per kWh from PSE&G, near the national average, solar provides competitive returns on investment.

A typical 6kW solar system in Evesham produces approximately 7,709 kWh per year, saving homeowners an estimated $1,199 annually. The system pays for itself in about 10.8 years, after which you enjoy essentially free electricity for the remaining 14+ years of the system's warranty life.

Evesham has a solar penetration rate of 5.8% — showing growing adoption of residential solar, with significant room for expansion. The cost of living index of 117.3 (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 Evesham, NJ?

The average cost of a 6kW solar panel system in Evesham is approximately $18,480 before incentives ($3.08/watt). After the 30% federal Investment Tax Credit, the net cost is about $12,936. Successor Solar Incentive (SuSI) program.

How many peak sun hours does Evesham get?

Evesham, NJ receives an average of 4.4 peak sun hours per day and approximately 209 sunny days per year. This is near the national average, providing good conditions for residential solar panels.

What is the solar payback period in Evesham?

The average solar payback period in Evesham is approximately 11.1 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 $40,955.

Does Evesham have net metering?

Yes, Evesham 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 Evesham, NJ?

Yes, solar is a solid investment in Evesham. While the 11.1-year payback is moderate, you'll still save $40,955 over 25 years. The 30% federal tax credit and local incentives help make solar financially attractive.

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