New solar legislation is officially on its way. On December 15, 2022, California legislature signed off on the new net energy metering (NEM) deal—and now, the clock is running out to be grandfathered into NEM-2.
Here’s what you need to know:
- NEM-3 will begin on April 15, 2023, for all new solar customers who submit a completed NEM application on or after that date. (Current customers will remain on NEM-2.)
- Current NEM-2 customers who want to add more panels to their system before the April 15 deadline should reach out now to avoid losing their NEM-2 status.
- Monthly fees will be higher under NEM-3, and export rates for selling excess energy back to the grid will become more complicated… and significantly less cost-effective for solar customers. In fact, it’s estimated that the export rates will be about 75% lower on average than they were under NEM-2.
The good news? We’re currently in a “sunset period” during the transition—which means new solar customers can still get NEM-2 benefits. All that is required is to have the NEM paperwork submitted before the April 15 deadline. Let us help you get locked into NEM-2 before it’s too late!
If you’ve ever considered getting solar for your home or business, or you want to add more panels to cover your future needs, now is the optimal time to act and get the best return for your investment. Read up on the details and contact us today to start the application process.
Get the Best Rate on Solar
Things are about to change for the E-6 rate schedule as well. E-6 was permanently closed on December 31, 2022. If you were on E-6, chances are you were already alerted to the change and auto-enrolled into E-TOU-C. But did you know you have options? There are a variety of rate plans available—including those for use with EVs, rates with varying peak hours, and more. Reach out to us to make sure you’re getting the best price. We’ll also check that your current system is meeting your needs and your plans for the future.