On December 14, 2022, the California Public Utilities Commission (CPUC) accepted a proposal known as NEM 3.0, making several changes to the state’s current net energy metering program, NEM 2.0. Set to take effect on April 14, 2023, the decision enacts new rules that lower solar savings potential for homeowners, making it critical for those who want to maximize their savings to act now.
Net energy metering (NEM)** is a program that allows homeowners with solar systems to send their excess energy back to the grid for credits that offset the charges incurred when using electricity from the utility. Read our blog on NEM 3.0 to learn more.
While NEM 3.0 is expected to lower your overall solar savings potential, homeowners with existing systems under NEM 2.0 can retain their current benefits—just as originally promised—for 20 years.* To qualify, you must submit an interconnection application and associated documents before the deadline. SunPower can help you lock in current solar savings if you act now.
* The terms of NEM 3.0 are subject to change. See https://www.cpuc.ca.gov/nemrevisit for more details.
** The availability of net metering varies by location and is subject to change. Your SunPower Dealer can help you determine if you qualify. You can also visit the dsireusa.org website for detailed solar policy information.