Tag: net metering
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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……
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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……
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Four takeaways from California NEM 3.0 remix
California is taking a new shot at designing residential solar incentives after a revision proposed in December 2021 raised the ire of nearly everyone in the solar industry and, coincidentally, almost no one at the major utilities. The critique of last year’s Net Energy Metering proposal, known as NEM 3.0, centered on concerns that the……