Breaking News: California's New NEM 3.0 Changes for Solar Customers - What You Need to Know!

Breaking News: California's New NEM 3.0 Changes for Solar Customers - What You Need to Know!

California's new net energy metering (NEM) 3.0 changes have been causing a stir in the solar community. But what does it mean for consumers? Here's what you need to know.

  • First and foremost, the changes are focused on ensuring that solar customers receive fair compensation for the excess energy they generate. Under the new NEM 3.0 rules, customers can continue to receive credits for the excess energy they generate and send back to the grid. However, the credits will be calculated differently, with customers receiving a lower rate for excess energy.
  • The good news is that existing solar customers will be grandfathered in under the old NEM 2.0 rules for 20 years. This means that if you already have solar panels, you can continue to receive the same credit rates you were getting before the changes.
  • For new solar customers, the changes mean that you will receive a lower credit rate for excess energy. However, the new rules also allow for larger system sizes, which means you can install more panels and generate more energy.
  • Another change that benefits consumers is the elimination of non-bypassable charges, which were previously applied to energy bills. These charges will no longer be applied to solar customers, which means you'll be saving even more money on your energy bills.
  • Ultimately, while the changes to NEM 3.0 may seem daunting at first, they ultimately benefit consumers by ensuring that solar customers receive fair compensation for the excess energy they generate. So, if you're considering going solar, now is still a great time to do so. Just be sure to carefully review the new rules and consult with a qualified solar installer to ensure you get the best system and rate for your needs.

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