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

WEBINAR: Luminia Launches on ETB Developer Platform Offering C&I PPA and PACE Financing of Solar

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.

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.