Net metering may be the most attractive financial benefit of going solar in Southern California, especially for SDGE & SCE customers.
On every kilowatt of energy your solar system produces, you’re credited back that amount, and when you need to use energy from the utility grid, you’re only paying for what you use beyond your credits. Make sense? This is how you decrease your utility payments by more than 50%.
But the (CPUC) California Public Utilities Commission is trying to stop these big savings on NEM 3.0 as a new proposal eliminates the most important cost-saving benefits of going solar in San Diego & Southern California.
The current proposal includes:
- Time of Use billing model: When solar panels are not producing power by the sun in the evening, homeowners will be required to pay higher prices for “peak” hours. For example, at one utility, the lowest non-peak rate is $0.08 per kW, and the highest peak rate is $0.55.
- Reduced excess energy credits: Today, SoCal solar customers receive an average of $0.22 to $0.36 per kW. Under NEM 3.0, they’d receive $0.05 to $0.06 on average!
- Monthly fees: Solar customers would be charged a solar tax of $8 monthly for every kW of solar; yes, they are trying to tax our free sunshine. This would cost the average Californian solar customer about $600 per year.
Most importantly, these guidelines would be adopted by the state’s three largest utility providers: SDGE, PG&E, and SCE.
BUT YOU STILL HAVE TIME!
If you install a solar unit before January 2023, experts believe you will be grandfathered into the NEM 2.0 rules!
There’s no time to lose; act now! Call your local United Power Partner at 888-815-8555 to discuss going solar now before it’s too late.
– The United Power Partner Team