Tag: NEM 3.0
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California lawmaker introduces bill to repeal NEM 3.0
A California lawmaker has introduced a bill to repeal damaging energy policies that have curtailed the state’s solar industry. Assemblymember Damon Connolly (D-San Rafael) has introduced new legislation to reduce fees and taxes on residential solar projects and restore incentives to Californians who are helping to generate clean energy for our grid. The California Public Utilities……
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Will California NEM 3.0 boost home energy storage?
Utilities were big winners in the California solar + storage market in mid-December, convincing the California Public Utilities Commission (CPUC) to slash the value of solar energy returned to the grid by 75 percent, or as little as a nickel/kWh, effective mid-April 2023. This ruling — Net Energy Metering (NEM) 3.0 — under contentious study……
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How drastically California NEM 3.0 reduces solar energy export rates
At a time when solar energy is (seemingly) being prioritized by the federal government, the state that has led the solar charge is looking to scale things back. The California Public Utilities Commission (CPUC) released a revised net energy metering (NEM) proposed decision in November, and this revised NEM 3.0 seems (based on what we’re……