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.
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
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.
UPDATE: Governor DeSantis Vetoes Anti-Solar Net Metering bill that would make Rooftop Solar Unaffordable for Residents
Hundreds of bills that passed both the House and the Senate have made their way to the desk of Governor Ron DeSantis, awaiting a signature of approval or a veto. Electric utilities and lawmakers across the country, in addition to Florida’s emerging solar market, have their eyes on bill HB-741, the bill that would put an end to net metering (NEM) statewide.
SMUD Net Metering Update – New Mandatory Solar and Storage Rate Cuts the Value of Exports by More Than Half
SMUD implements new solar net energy metering (NEM) rules – New Mandatory Solar and Storage Rate Cuts the Value of Exports by More Than Half
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 Transition from NEM-2 to NEM-3 in California is on the Horizon – What you Need to Know about Grandfathering Protections
NEM-3 is expected to have a huge impact on the economics of solar + storage projects in California. While the final NEM-3 rules are yet to be determined, the inevitable outcome is that the value of solar will get eroded, likely significantly.
New York’s Public Service Commission Issues Net Metering Successor Tariff Order
On July 16 th, 2020, the State of New York’s Public Service Commission (PSC) issued an Order adopting new rules for the S tate ’ s net energy metering (NEM) successor tariff. With the implementation of the Value of Distributed Energy Resources (VDER) Transition Order in March of 2017, the …
California Utilities now Accepting Applications for Net Energy Metering (NEM) – Paired Storage
We published a policy update in February of 2019 entitled “CPUC Approves Energy Storage Net Metering” that summarized the CPUC’s decision to allow customers with (ESS) energy storage systems to receive credits for storage exports that are sent back to the grid, as long as the storage system charges entirely …