Monalee is waiving the security deposit ($100 value) on new solar projects. Promotion expires 11/24/24.

We offer low, transparent
pricing in New Jersey

New Jersey homeowners can benefit from
a 30% Solar Tax Credit in 2024

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New Jersey

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New Jersey Solar Incentives

By choosing to go solar, New Jersey homeowners are reducing their carbon footprint and their monthly utility bills. Residential utility rates in New Jersey are 7% higher than the national average, with yearly rate increases significantly higher than the national average (2.36%) as well. In fact, Jersey Electricity announced a 12% increase on electricity rates at the start of 2024. Switching to solar energy makes homeowners less vulnerable to these yearly price spikes.

The average buyback period—the number of years it takes to receive a return on one’s solar investment—is currently set at 10 years, which is one year below the national average. Monalee’s digital-first approach shortens the process while typically saving homeowners up to 50% of the total cost of going solar compared to other companies in their area, therefore making ROI possible in as little as three years.

New Jersey at a Glance

+6.1%

Average annual increase in residential electricity bills.

+7%

Residential utility rates compared to the national average.

27%

Average ROI for going solar with Monalee

Monalee in New Jersey

By leveraging powerful machine learning and removing salespeople and system designers from the process, we are able to secure the same solar panel systems for homeowners at half the price compared to the top traditional solar companies in the U.S., making us the fastest, most efficient way to go solar.

While we may be up to 50% less than other solar companies, we never compromise on quality. We use premium equipment such as Longi 400W solar panels, Schneider and Tesla inverters, and Schneider Boost solar batteries.

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New Jersey Solar Incentives, Rebates, and Tax Credits

Federal Solar Investment Tax Credit (ITC)

This means that qualified homeowners in New Jersey are eligible for a tax credit of up to 30% of the total cost of their system.

Successor Solar Incentive (SuSI) Program

An initiative that allows homeowners to get paid for their solar energy production. A fixed rate of $85 per 1,000 kWh applies.

Solar Sales Tax Exemption

There is a 6.6% home solar power system state sales tax exemption for residents who invest in solar for their homes.

Property Tax Exemption

New Jersey homeowners who install a solar system will not be taxed on the increase in value of their home.

Average Timeline

  • Kickoff (1-3 days)

    The first step in our process is in-person site survey. A technician will assess your home’s electrical setup and roof condition.

  • Design (3-5 days)

    Our team creates the optimal electrical design for your solar system, keeping in mind safety and current code regulations.

  • Permitting (1-3 weeks)

    If permitting is required in your county, we compile all necessary documents and submit the application on your behalf.

  • Installation (1-2 days)

    Install crews typically arrive in the morning and spend eight hours installing your solar equipment. Some installs require two days.

  • Activation (1-6 weeks)

    Inspection conducted and Permission to Operate (PTO) from your utility company granted. Time to turn on your system.

The savings are clear

On average, we save homeowners up to 50% off the total price of going solar compared to other companies. This yields an ROI in as little as three years.

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Why Homeowners Choose Us

We offer competitive pricing without compromising on the quality of parts and labor.

Savings

Through leveraging powerful machine learning and simplifying the process, we save homeowners up to 50% off the total price compared to competitors.

Simplicity

Going solar shouldn’t be a complicated, cumbersome process. We do the heavy lifting so that our homeowners can enjoy the end result.

Sustainability

When it comes to combating climate change, every little bit counts. Our model makes it possible for U.S. homeowners to live greener.

Security

By partnering with companies like GoodLeap and Mosaic, more homeowners are able to invest in solar and secure financial freedom for their families.

  • Ruthie K. Verified Buyer
    Aug 21, 2024

    Our installation was completely seamless! We’re already generating power even before inspection. My husband and I are very pleased with Monalee

  • Mark I. Verified Buyer
    Aug 09, 2024

    Very nice install!

  • Nitin S. Verified Buyer
    Jul 29, 2024

    Got a good price compared to other companies and the process was smooth once we decided to move on.

  • James S. Verified Buyer
    Jul 18, 2024

    Great company prices were good and I got set up with a sweet Tesla Powerwall and kept my Nem 2.0 status. You won't find a more affordable deal. Monalee is the place.

  • Jessica B. Verified Buyer
    Jul 04, 2024

    Great Service. Still waiting on inspection and the solar to actually work, but hopefully the last half goes as smooth as the first. They are asking for full payment now, even though it's not up and working yet.

  • Ronel H. Verified Buyer
    Jun 19, 2024

    They did a great job installing with fast response. Great company to do business with.

  • Andrew N. Verified Buyer
    Jun 11, 2024

    Quick and easy to work with!

  • James K. Verified Buyer
    Jun 10, 2024

    Monalee and their installers have done a quick and efficient job so far.

  • Jose L. Verified Buyer
    Jun 04, 2024

    Installed and already saving money. Great job

  • Jeremy J. Verified Buyer
    May 29, 2024

    They make buying solar so easy. No annoying sales people. No hidden fees. Definitely reccomend.

Average Rating

4.8

Total Customers

2,000+

Average Install Time

50days

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Design Your Solar

Through machine learning, we can provide the lowest and most accurate price without speaking to a single salesperson. No bait and switch like other companies.

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Your quote
Solar Panels
$9,093.00 ($1.75/watt)
*After Federal & State Incentives $3,897.00
System size:
5.2kw
Number of Solar Panels
Tier 1 Black on black
13Panels
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