In the ever-evolving landscape of solar energy, policy changes can greatly influence the cost and benefit of going solar. One such significant change on the horizon in California is the transition from Net Energy Metering (NEM) 2.0 to NEM 3.0.
So, what is NEM 3.0 and why should you be concerned?
NEM 3.0 is the latest iteration of California’s policy that governs how solar customers are compensated for the excess energy their solar panels feed back into the grid. Unfortunately, it’s not a change that favors solar customers. NEM 3.0 introduces a new fee structure and reduces the compensation solar customers receive for their surplus power. This change is likely to extend the payback period for new solar installations and reduce the cost-saving benefits of going solar.
In contrast, those who install their solar systems under NEM 2.0 can secure a 20-year grandfathering period, enjoying the more favorable terms for two decades. This creates a real sense of urgency for homeowners considering solar.
Why should you act now?
With NEM 3.0 looming, the time to go solar is now. Installing your solar system under NEM 2.0 can potentially save you thousands of dollars over the life of your system. The clock is ticking, and the window to benefit from the more favorable NEM 2.0 terms is rapidly closing.
Why choose US Power?
US Power, the leading Solar Company in California, is ready to help you navigate this transition. As an elite dealer for SunPower, we offer the world’s highest-rated solar technology, ensuring that you get the most out of your investment. Our experienced team is committed to making the process of going solar straightforward and efficient, helping you secure your solar system under the favorable NEM 2.0 terms before the change takes place.
The future of solar in California is still bright, but it’s crucial to make informed decisions to maximize your benefits. Contact US Power today, and let’s harness the power of the sun to your advantage before the NEM 3.0 policy comes into effect.