How Utility Rate Inflation Impacts Energy Storage Viability
As energy markets constantly change, utility rate inflation remains a significant driver of change, creating challenges and opportunities for consumers and businesses alike. One notable shift is the erosion of value for standalone photovoltaic (PV) systems under the NEM 3.0 framework.
We’ve Launched a New Feature in ETB Monitor: Green Button – Connect My Data
We are excited to announce the launch of a new feature in ETB Monitor that gives our users yet another layer of accuracy when monitoring their solar and energy storage assets in the field.
The Impact of NEM 3.0 on Utility Rate Inflation
It’s been almost a year since California’s California’s Net Billing Tariff (NEM 3.0) went into effect, which profoundly impacted utility rate inflation, completely decoupling the value of imported energy from exported energy.
The Future of Utility Rate Escalation in California
Utility rates in California’s Investor-Owned Utilities (IOU) have escalated at a compound annual growth rate of 3.9% to 7.4% over the last ten years. Energy Toolbase recently conducted this study to provide a transparent account of the rate inflation and predict future inflation rates, serving as a guide for how those in solar and storage sales will define utility rate escalation in their proposals.
The Dynamics of Retail Electric Rate Changes in California
Given the volatility of California’s energy market, it is no surprise that several factors are at play that strongly impact the state’s retail electric rates. In this blog, we will examine the main drivers of retail electricity cost inflation and provide a higher-level understanding of historical rate increases and how …
Entering a NEM 3.0 Era: Here’s What’s Changing for Solar and Energy Storage
NEM 3.0 is at our doorstep. On December 15, 2022, the CPUC voted unanimously to pass NEM 3.0, which will dramatically change California’s solar and energy storage landscape . NEM 3.0 will reduce the value of exported energy by roughly 75% , leaving rates at a fraction of what they …
WEBINAR: What does CA’s NEM-3 “Net Billing” Tariff mean for Solar and Storage Economics?
Net Metering 3.0 is final and establishes an entirely new “Net Billing” tariff framework. This webinar discusses how NEM-3 impacts solar and storage economics
Commercial Buildings Mandated by The California Energy Commission (CEC) to Add Solar + Storage
Newly constructed commercial buildings in California are now required to add solar and battery storage systems. On January 1, 2023, the California Energy Code instituted the requirement, updating the Building Energy Efficiency Standards for residential and commercial properties, as part of its push to obtain 100 percent carbon neutrality by 2045
NEM-3 “Net Billing” Tariff Revised Proposed Decision (November 2022) – Summary of key issues, What it means for Solar and Storage Economics, How to Model Projects in Energy Toolbase
The California Public Utilities Commission (CPUC) released their much anticipated, revised Proposed Decision (PD) on the state’s “NEM-3” successor net metering tariff last week. The newly revised PD establishes a “Net Billing” tariff that introduces an entirely new framework for valuing exported energy.
NEM-3 is Delayed Once Again as the CPUC Asks for Input Prior to Issuing a Final Decision
After a nearly 5-month stretch of silence, there has finally been some development of the heavily followed NEM-3 proceeding. California’s successor net energy metering (NEM) tariff will undoubtedly reduce the value of solar, the questions that remain are by how much and how quickly.