Tag: net metering
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Surviving the NEM 3 California solar market | Power Forward!
California solar installers experienced a disastrous 2023 as soon as the NEM 3 rate changes took effect. The California Solar and Storage Association reports about an 80 percent drop in rooftop solar projects since April 2023. To make matters worse, the California Public Utilities Commission (CPUC) closed out 2023 by approving further changes that impact……
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Solar champions outraged by CPUC decisions that (further) gut net billing incentives
The California Public Utilities Commission (CPUC) approved further cutbacks to the state’s net billing incentives for distributed solar and storage systems — eroding economic value of new systems beyond what California’s solar installers (and customers) anticipated. The move is its third iteration of its Net Metering policy, referred to as NEM 3, a reversal of……
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Five solar + energy storage trends to watch in 2024
Jose Colom, applications engineer manager with SMA America, forecasts the most compelling trends and developments he expects to see in 2024. As the world continues its transition toward cleaner and more renewable energy sources, the trends in solar storage technology are poised to play a pivotal role in shaping the future of our energy infrastructure….…
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Home solar offers the best value in these states
Many “top solar states” lists are often skewed toward utility-scale solar project capacity. And as California’s NEM 3.0 rate changes show, past success / value in a state does not correlate to the present or future outlook of home solar return on investment. So, which states, in 2023, offer homeowners the best opportunity to invest……
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Report: Net metering compensation moves to time-varying and avoided cost rates
The solar net metering headlines have been dominated by California’s NEM 3.0, but net metering compensation is being updated all over the country. The Q1 2023 edition of The 50 States of Solar finds that 41 states, plus the District of Columbia, took some type of distributed solar policy action during Q1 2023, with the……