Net metering in California is part of what makes the Golden State the undisputed leader for solar in the country. In fact, California saw 23,186 megawatts (MW) of solar installed as of the end of 2018, more than five times as much as #2 state North Carolina.
California’s new net metering policy, commonly referred to as net metering (NEM) 2.0, brought some big changes to the Golden State’s solar market in 2017. NEM 2.0 is now active for customers of all three investor-owned utilities in California: Pacific Gas & Electric, San Diego Gas & Electric, and Southern California Edison.
California is the country’s biggest solar energy powerhouse. According to the Solar Energy Industries Association (SEIA), the Golden State has installed 18,296 megawatts (MW) of solar – enough to power 4,732,000 homes! It’s no mistake that California has so much solar. Rebates and other financial incentives make solar a smart financial move for residents and businesses across the state.
(Update: California’s Governor Brown signed SB 700. This adds approximately $800 million in additional funding for SGIP and extends the program through 2025.)
California’s SGIP rebate is one of the best incentives in the country for homeowners who want to install a home battery with their solar panels. The Golden State already leads the country in solar energy – it has more solar capacity than any other state in the U.S., and nearly six times more solar than number-two state Arizona. Now, California is becoming a leader in energy storage. Thanks to the Self-Generation Incentive Program (SGIP) you can get a rebate for most or all of your solar battery installation in California, and it’s about to become a lot easier for homeowners to access. Here’s everything you need to know about the SGIP rebate in 2018.