In December of 2022, the California Public Utilities Commission voted unanimously to alter the rules regarding net metering for customers with rooftop solar systems. Net metering requires utility companies to pay customers for the excess energy those solar arrays send back to the grid. It is the thing that drove sales of rooftop solar starting […]
requires utility companies to pay customers for the excess energy those solar arrays send back to the grid. It is the thing that drove sales of rooftop solar starting more than a decade ago. Slap a rooftop system on your house, send some of the electricity it generates to the grid, and use the money the utility company pays you for it to offset some of the cost of the system. Everybody wins!
“If energy becomes more expensive to buy than it is profitable to sell, it is more cost effective to store your energy for personal use when the sun goes down. What you get is net metering market shifting to a self-consumption market, in which solar plus storage becomes the norm,” he says. Cohen explains that energy storage is vital under NEM 3.0 rules because export rates for solar energy will differ from hour to hour. That can make it difficult to determine the revenue homeowners can generate by selling energy back to the grid. On average, homeowners will receive about 5 cents per kWh. But — and this is a big “but” — during September between 6:00 pm and 8:00 pm, the rate will increase to.
Another consideration for reducing the cost of a battery installation is to choose one that has wireless communication and an intuitive installer application built in. This allows commissioning of a new battery to take place while the rest of the installation is going on. Without those features, commissioning a new battery can take up to a day — time that has to be paid for by the homeowner.The new NEM 3.
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