High Quality Materials
Value Customer Experience
NET ENERGY METERING 3.0
IS COMING
Get approved by April 13th to lock in your rate
Request an Estimate or call 916-619-6084 Today
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Completed In A Couple Weeks, Working Around Our Availability.
The installation process went very well. Completed in a couple weeks, working around our availability. Robert was extremely responsive and customer focused. A through quote was supplied, with online review and approval. Permiting process went very well. Robert was onsite for most of the installation work and was on time for the final county inspection. The county inspector commented on what a quality job was provided. Through Robert’s efforts, we felt like we were well taken care of with our needs fully understood. I would have no hesitation in recommending ACR for your solar needs!
5/5
- Larry Y.
Frequently Asked Questions
What is Net Energy Metering (NEM)?
NEM or Net Energy Metering, is the term used to describe the structure that utility companies use to bill homeowners with solar.
Because homeowners use a mix of power from the grid and power that they produce from their system, the NEM billing system tracks the difference between and executes the agreement on what they pay for the excess energy that was sent back to the grid that a homeowner didn’t use. This cycle usually takes one year, and not all solar systems overproduce either.
What is NEM 3.0?
NEM 3.0 is the newest version of the net energy metering policy. The CPUC approved it on December 15, 2022. These new rules will apply to all the customers in California’s major investor-owned utility companies, including:
- PG&E (Pacific Gas & Electric Company
- SCE (Southern California Edison Company)
- SDG&E (San Diego Gas & Electric Company)
When Will NEM 3.0 Take Effect?
Customers in the affected areas will have until April 13, 2023 to have their interconnection application approved for the new solar system.
It does not have to be built but must pass pre-engineering reviews and be marked as full and complete in design and be built to current standards and regulations.
Is NEM 3.0 retroactive?
No, NEM 3.0 is NOT retroactive. It will only affect new systems with applications submitted after the April 13th date
What does NEM 3.0 mean for solar?
NEM 3.0 means that it is going to take much longer for a system to pay itself back because of the lowered value- or export rates, of the excess electricity you produce from your solar system.
The new solar rates are going to be based on something they call the “Avoided Cost Calculator”. This is different from the current structure, which pays close to retail rates.
The most important thing to know is the NEM 3.0 export rates will be around 75% lower than the current NEM 2.0 rates.