One of the key steps to going solar is ensuring that your home is ready for the installation. Once you’ve signed a contract with a solar installer, the next step is typically for an engineer (not a salesperson) to conduct a site visit to ensure your home’s structure and electrical wiring are compatible with your new solar panel system.
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Many Californians are rushing to install solar before long-term savings drop significantly under California’s new solar policy, net metering (NEM) 3. With net metering, your utility company compensates you for the excess electricity your solar panel system generates and sends to the grid; NEM 3 lowers the compensation rate in California by about 75% compared to current NEM 2 rates. So, if you live in California and are thinking about going solar soon, you’ll maximize your solar savings by submitting your interconnection application before April 14, 2023 at 5PM PST (when NEM 3 goes into effect) to lock in 20 years of higher NEM 2 rates.
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New California policy changes are coming that will dramatically reduce solar savings for homes and businesses in the state. We’ve previously detailed these changes (called NEM 3) and built a simple guide to help homeowners lock in the current, higher savings rate before the April 14, 2023 deadline.
Given this fast-approaching deadline, going solar now may feel daunting. Fortunately, EnergySage is here to guide you through the process and protect you with a simple shopping experience, vetted installers, and a team of free, unbiased Energy Advisors.
If you’re a California homeowner thinking about going solar, your window to maximize savings is short. Our Energy Advisors strongly recommend you select an installer no later than March 31st and submit your interconnection application (via your installer) by April 14, 2023. After this date, your solar savings will still be meaningful but 60% lower over the next 20 years. This change is due to NEM 3, California’s new net metering policy, approved in December 2022, which will apply to systems with interconnection applications submitted after April 14th at 5pm PST. NOTE: your installation does not have to happen by this deadline, and you can even make some changes to your system design after submitting your application.
Welcome to this week’s energy news roundup! Today, we’ll talk about the recently announced plans for Net Energy Metering (NEM) 3.0 and the implications it could have on residential solar in California (the leading solar state). We’ll also cover the new Environmental Protection Agency (EPA) proposal aimed at achieving an 87 percent reduction in methane emissions from the oil and gas industry by 2030.
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