Why California’s Net Metering Change Is A Big Deal
PG&E's new rates are quite punitive. In the past under NEM 2.0 (Net Metering), customer's received an even exchange for power that was back fed to the grid.
The power that was back fed to PG&E was stored in the form of credits. These credits could be used during peak time and in the evening to offset all their electricity consumption. In the past, it was routine to provide a customer a 100% offset of their electricity cost.
With the introduction of NEM 3.0, PG&E provides 25% credit for the back feed. The other 75% goes to PG&E for sale to other customers. This is referred to as a 'solar tariff'.
Why Home Battery Backups Are More Important Than Ever
Batteries are a must if a customer wishes to be close to a 100% offset environment. By storing the power created by their solar system in the batteries, the power can be discharged during peak hours to eliminate the need to buy power from the grid. This is the most cost productive solution for a homeowner.
This scenario is similar to the SMUD environment. SMUD's rates are lower than PG&E, yet the utility still charges a solar tariff.
Home Backup Batteries We Recommend, Sell & Service
Enphase batteries are the highest rated batteries available.
They utilize a lithium phosphate hybrid technology with the highest thru-put, overall power provided with an exceptional warranty.
NEM 3.0 ready
California residents can use IQ Battery to take advantage of NEM 3.0. Export power to the grid at the optimal time for maximum economic benefit. IQ Battery 3T and 10T can also be installed in a grid-tied, self-consumption plus export configuration, without backup, for a lower upfront investment and faster payback period.
