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.
Energy Toolbase’s Summary of the CPUC’s NEM-3 Proposed Decision (PD) – Key Issues to Know
On December 13 th the California Public Utilities Commission (CPUC) issued their highly anticipated Proposed Decision (PD) on California’s successor net metering tariff: NEM-3. The PD proposed to radically overhaul the state’s current Net Metering program, most notably by slashing the export compensation rate and basing it on Avoided Cost …
How the CPUC’s ruling on Grid Benefits Charges (GBCs) in the NEM-3 decision will affect the outcome
With the looming decision on California’s new Net Energy Metering tariff “NEM-3” expected shortly, we’ve been keeping our users up to date on where the proceeding stands and highlighting important aspects that project developers need to be aware of.
Modeling NEM-3 Scenarios in ETB Developer, and the Mechanics of how Avoided Cost Calculator (ACC) Export Values are Determined
Given that NEM-3 will erode the value of solar, developers can use the impending NEM-3 proceeding to their advantage by comparatively presenting both NEM-2 and NEM-3 savings and economics, to get their customers to commit and move their project forward now. In ETB Developer we now offer an accurate, objective, and transparent workflow for modeling NEM-3 scenarios which is detailed below.
The Glidepath: How Smooth will the Transition from NEM-2 to NEM-3 be in California?
The CPUC is expected to render a Proposed Decision in the all-important “NEM-3” successor net energy metering (NEM) tariff proceeding within a couple of months.
WEBINAR: What Will NEM-3 Mean for Commercial Solar + Storage Projects in California
The looming NEM-3 decision has the potential to dramatically reshape the economics of solar + storage projects in California. With the final decision expected in the next 6 months, and implementation scheduled to begin in less than a year, now is the time for C&I developers to get fully educated on what it all means.
The Net Metering Successor Tariff “NEM-3” Proceeding in California has Officially Kicked Off
Key takeaways: The CPUC has formally opened its NEM-3 proceeding, which will redefine the rules for the Net Energy Metering (NEM) tariff in California. The recently released NEM 2.0 lookback study concluded that NEM 2.0 customers have net benefited from the structure and ratepayers have seen increased rates as a …