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1041 Cardinal Ln

Cherry Hill, NJ , 08003

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Average Bill

$140

Energy Usage

713 kWh

CO₂ Emissions

361 lbs

Rooftop Solar

The cost of solar in Cherry Hill

Average solar panel installation

$17,903

Federal Incentives

$5,371

Total

$12,532

Average monthly bill without solar

$140

Average monthly bill with solar

$0

Solar will pay for itself in

8 years
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Got questions about solar?

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Do you own your home?

Yes

No, I rent

Other WattBuy Recommendations for Your Home

Toggle each recommendation on and off to see its impact on your bill, energy usage, and carbon emissions.

Smart Thermostats

Estimated Savings

$15

CO₂ Emissions Reduced

3 lbs

LED Lightbulbs

Estimated Savings

$6

CO₂ Emissions Reduced

1 lbs

Smart Plugs

Estimated Savings

$5

CO₂ Emissions Reduced

1 lbs

Water Heaters

Demand Response

Estimated Savings

$14

CO₂ Emissions Reduced

36 lbs

Electricity Plans

Understand Your Solar Numbers

Solar costs

The estimated cost to install solar at your house is $17,903. We calculated this because we think your electricity usage for the year is about 8560 kWh, and a 5.97 kW size solar system on your roof would replace 100% of your usage. We are using an estimated cost of $3.00/W, which we get from Energy Sage.

Current electricity costs

The current electricity costs for Public Service Elec and Gas Co are 20¢/kWh. So, by replacing 100% of your usage, you’ll save $1,682 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 10.65 years. If the costs of Public Service Elec and Gas Co electricity rise 3%, then your savings will pay for your solar system in 10.34 years.

Solar production throughout the year

Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 820 kWh in May, to a low of 500 kWh in December. For the entire year, we estimate that your 5.97 kW sized system would produce 8560 kWh.

Net metering and Incentives

You are eligible for a federal tax credit equal to 30% of the cost of your solar system, or $5,371. The state of New Jersey generally uses Retail Supply Rate, not including delivery or system charges for net metering. This means that when you produce more electricity than your house uses, the utility will pay you Retail Supply Rate, not including delivery or system charges for the extra electricity.

Solar in your area

From Department of Energy Data, it looks like 258 homes have installed solar panels in your zip code, 08003. In your city, Cherry Hill, 458 homes have installed solar panels. And in the state of New Jersey, 12,655 homes have installed solar panels.

Installers

There are 14 solar installers that operate in New Jersey. WattBuy recommends EnergySage, EnergyPal EX, Modernize, Palmetto, Solar America, EnergyPal NX, RGR Marketing, and Lead Genesis.

How We Crunch the Numbers

1
We estimate every home's electricity usage based on data from a number of public and private data sources, including your electricity distributor and the Department of Energy.
2
We overlay key information about where you live, including weather and climate data about your region, and housing data like when your home was built and how big it is.
3
To figure out your home's carbon footprint, we look at how electricity is generated in your state, like whether your electricity is coming more from coal (very carbon-intensive) or wind (carbon-free).

Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.

Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.