How drastically California NEM 3.0 reduces solar energy export rates

By Chris Crowell December 1, 2022 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 hearing) is likely to pass. The big win for the solar industry in this version is the removal of the egregious grid participation charge. Incentives for battery attachments also standout as positive. But concerns about the sizable reduction of the value of solar persist, specifically the per kilowatt-hour (kWh) price for solar energy contributed back to the grid (the export rate).Currently, under today’s NEM program, the blended average export rate in California ranges from $0.23 per kW to $0.35 per kW, depending on the utility. According to CALSSA and the Save California Solar Campaign, the proposed decision released by the CPUC on November 10th would decrease the…

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