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Solar panels in Lakewood, NJ

Roofs in Lakewood get about 1,430 hours of usable sunlight a year — less than 74% of the cities we've measured. Here's what that means in cost, savings and payback, using real rooftop data rather than a national average.

1,430Sun hours / yr
23Panels typical
$18,354Cost after credit
8.7 yrPayback
Solar is reasonable in Lakewood, not spectacular. A 8.7-year payback still beats most savings accounts over the panel's 25-year life, but it is not the slam dunk you'll see advertised.

Check your specific roof in Lakewood → City averages are a starting point; your own roof's size, pitch and shading change the answer a lot.

What a typical Lakewood solar system costs

A 23-panel system (9.2 kW) is about right for an average Lakewood home using 10,800 kWh a year. It would produce roughly 11,183 kWh annually and offset 100% of that usage.

Estimated economics by system size in Lakewood, at 19.4¢/kWh after the 30% federal tax credit
SystemSizekWh/yr Net costSaves/yrPayback
8 panels3.2 kW 3,890$6,384 $755 8.5 yrs
12 panels4.8 kW 5,834$9,576 $1,132 8.5 yrs
16 panels6.4 kW 7,779$12,768 $1,509 8.5 yrs
20 panels8 kW 9,724$15,960 $1,886 8.5 yrs
26 panels10.4 kW 12,641$20,748 $2,184 9.5 yrs

Notice that payback barely improves as systems get bigger, and eventually gets worse. That's because you can only save money on electricity you were going to buy anyway. Once a system covers your usage, extra panels mostly generate exports at a much lower rate.

Why Lakewood gets 1,430 sun hours

That figure comes from Google's analysis of real rooftops across Lakewood — it already accounts for shading from trees, chimneys and neighbouring buildings, which is why it's lower than the raw "hours of daylight" figures you'll see elsewhere. An unusually open, unshaded roof in Lakewood reaches about 1,592 hours, roughly 11% better than typical.

The numbers behind this page

Typical usable sunlight1,430 hrs/yr
Unshaded roof1,592 hrs/yr
Electricity rate (New Jersey avg)19.4¢/kWh
Installed cost assumed$2.85/W
Panel size assumed400 W
Federal tax credit30%
Typical household usage10,800 kWh/yr
Power used as generated34%
Paid for exported powerfull retail (net metering)
Rooftops sampled here15
Google imagery from2019

Nearby cities

See all of New Jersey → statewide sunlight, rates, incentives and every city we've measured.

Lakewood solar questions

How many solar panels do I need in Lakewood?

About 23 panels for an average home. Lakewood roofs get 1,430 usable sun hours a year, so each 400W panel produces roughly 486 kWh annually.

Is solar worth it in Lakewood?

At 19.4¢/kWh and 1,430 sun hours, a typical system pays for itself in about 8.7 years and returns roughly $34,490 over 25 years. That is a solid return.

How much do solar panels cost in Lakewood?

A 9.2 kW system costs about $26,220 before incentives and $18,354 after the 30% federal tax credit. Prices vary by installer, roof complexity and equipment.

Worth reading before you buy

Estimates only, generated 2026-08-22 from Google Solar API rooftop samples and average New Jersey electricity rates. Not a quote and not financial advice. Your roof, usage, utility plan and local incentives will change these numbers — get real quotes before buying.