Skip to main content
Elovane
Home›New Jersey›Jersey Central Power & Light
FLAT Rate Structure

Solar ROI for Jersey Central Power & Light Customers

Jersey Central Power & Light charges an average of $18.5¢/kWh. A 7 kW solar system produces a $12,827 NPV over 25 years.

$13,720
Net System Cost
$12,827
25-Year NPV
9 years
Payback Period
$0.162/kWh
Solar LCOE

Jersey Central Power & Light Rate Structure

ParameterRate
Average residential rate$18.5¢/kWh
Rate structureFLAT
Export credit policy1:1 net metering with SREC-II program

Solar System Economics

A 7 kW solar system for a Jersey Central Power & Light customer costs $19,600 before incentives. The 30% federal ITC saves $5,880. The net out-of-pocket cost is $13,720.

At Jersey Central Power & Light's $18.5¢/kWh average rate, the system saves $1,619 in year one, producing 8,750 kWh. The solar LCOE of $0.162/kWh is 12% below Jersey Central Power & Light's current rate.

Battery Storage for Jersey Central Power & Light Customers

$8,400
Battery Net Cost
$0
Daily Arbitrage
$0
Annual Arbitrage
-$11,382
25-Year Battery NPV

Jersey Central Power & Light uses a flat rate structure without significant peak/off-peak spread. Battery value comes primarily from backup power and net metering optimization rather than TOU arbitrage.

FAQ: Solar for Jersey Central Power & Light Customers

How much can Jersey Central Power & Light customers save with solar?
A typical 7 kW solar system saves Jersey Central Power & Light customers approximately $1,619/year in electricity costs. Over 25 years, the NPV of savings after system costs is $12,827.
What is Jersey Central Power & Light's rate structure?
Jersey Central Power & Light uses a flat rate structure at an average of $18.5¢/kWh. Without a large peak/off-peak spread, battery storage value comes primarily from backup power and net metering optimization.
Does Jersey Central Power & Light offer net metering?
1:1 net metering with SREC-II program
Should Jersey Central Power & Light customers add battery storage?
Battery storage for Jersey Central Power & Light customers has a 25-year NPV of -$11,382. The economics are marginal based on TOU savings alone, but backup power value and future grid services programs may change the equation.

Other Utilities in New Jersey

PSE&G New Jersey
$17.8¢/kWh · FLAT
›

Calculate Your Jersey Central Power & Light Solar ROI

Get a personalized analysis based on your actual consumption, roof, and system size. Free 25-year NPV with Monte Carlo confidence intervals.

Calculate My ROI ›