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Illinois vs New Jersey Solar Comparison

Illinois gets more sun (4.0 hrs/day) while New Jersey has the faster payback (7.5 years).New Jersey offers higher 20-year savings at $38,200.

Illinois

4.0 hrs

9yr payback

$32,600

20yr savings

New Jersey

4.0 hrs

7.5yr payback

$38,200

20yr savings

Side-by-Side Comparison

MetricIllinoisNew Jersey
Peak Sun Hours4.0 hrs4.0 hrs
Cost per Watt$3.15$3.15
6kW System Cost$18,900$18,900
Federal Tax Credit30%30%
State Tax CreditNoneNone
State RebateNoneNone
Net MeteringFull Net MeteringFull Net Metering
Electricity Rate16.27¢/kWh18.48¢/kWh
Payback Period9 years7.5 years
20-Year Savings$32,600$38,200

Verdict

New Jersey is the better state for solar ROI with $38,200 in 20-year savings and a 7.5-year payback period. Illinois has more sun exposure at 4.0 hrs/day, making it ideal for maximum energy production. Both states qualify for the 30% federal solar tax credit.

Frequently Asked Questions

Is solar better in Illinois or New Jersey?

Illinois gets more sun (4 peak hours/day vs 4). New Jersey has a faster payback (7.5 years) and New Jersey offers higher 20-year savings ($38,200).

How do solar costs compare between Illinois and New Jersey?

A 6kW system costs $18,900 in Illinois vs $18,900 in New Jersey before incentives. Both qualify for the 30% federal tax credit.

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Data verified March 2026 · Source: NREL, DSIRE, EIA