California Net Energy Metering (NEM) Transition to NEM 3

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CA utilities have filed a joint proposal with state regulators proposing a new net energy metering (NEM) tariff with an expected decision by November 2021.

They propose aggressive reductions of up to 70% for NEM credits, fixed monthly fees (ranging from $1,000 to $4,000) for solar system owners, and a monthly true-up (versus the current annual true-up period).

For those interested in solar and locking-in the current NEM regime for at least 20 years, we strongly urge beginning this process now.

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