Your Personalized Power Portal

215 Center St

New Milford, NJ , 07646

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Average Bill

$121

Energy Usage

623 kWh

CO₂ Emissions

246 lbs

Rooftop Solar

The cost of solar in New Milford

Average solar panel installation

$16,510

Federal Incentives

$4,953

Total

$11,557

Average monthly bill without solar

$121

Average monthly bill with solar

$0

Solar will pay for itself in

8 years
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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

$13

CO₂ Emissions Reduced

2 lbs

LED Lightbulbs

Estimated Savings

$5

CO₂ Emissions Reduced

1 lbs

Smart Plugs

Estimated Savings

$5

CO₂ Emissions Reduced

1 lbs

Heat Pumps

Water Heaters

Demand Response

Estimated Savings

$12

CO₂ Emissions Reduced

25 lbs

Electricity Plans

Understand Your Solar Numbers

Solar costs

The estimated cost to install solar at your house is $16,510. We calculated this because we think your electricity usage for the year is about 7480 kWh, and a 5.5 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 19¢/kWh. So, by replacing 100% of your usage, you’ll save $1,457 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 11.33 years. If the costs of Public Service Elec and Gas Co electricity rise 3%, then your savings will pay for your solar system in 11.00 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 730 kWh in July, to a low of 450 kWh in December. For the entire year, we estimate that your 5.5 kW sized system would produce 7480 kWh.

Net metering and Incentives

You are eligible for a federal tax credit equal to 30% of the cost of your solar system, or $4,953. 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 77 homes have installed solar panels in your zip code, 07646. 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 Palmetto, Modernize, Solar America, RGR Marketing, EnergyPal EX, EnergySage, and EnergyPal NX.

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.