12/09/2022
Have you heard about NEM3.0?! ππΈπ There are a new round of changes to the Net Energy Metering program, which are expected to take effect April 14, 2023. These changes will effect new customers, so check out the main takeaways below!
- The base export energy rate (how much the utility companies pay you for your over produced solar energy) will be decreased
- There are new various adders charged by the utility companies
- There's a new round of Self-Generation Incentive Program (SGIP) funding for both solar and storage projects
- There are no changes to existing NEM customers
To learn more about NEM3, visit: https://www.solar.com/learn/nem-3-0-proposal-and-impacts-for-california-homeowners/
We suggest going solar before NEM2.0 goes away! Set your home up for the greatest possible long term savings now before NEM3.0 takes effect. Contact us today for a quick hassle free quote!
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California utilities have proposed Net Energy Metering (NEM) 3.0, which if approved, would alter the energy savings of going solar.