Utility Dive•about 1 month ago
Appeals court upholds California’s net metering 3.0
Key Takeaway
The appeals court's affirmation of NEM 3.0 establishes a less favorable economic landscape for standalone distributed solar in California, making solar-plus-storage the new standard for project viability.
AI Summary
- •California's appeals court has upheld Net Energy Metering 3.0 (NEM 3.0), rejecting challenges from solar advocates and solidifying the current policy.
- •The decision confirms significantly reduced export compensation for new rooftop solar installations, making standalone distributed solar less economically attractive.
- •For developers, this reinforces the need to prioritize solar-plus-storage solutions in California to maximize project viability and value.
- •Large power consumers considering on-site solar will find energy storage increasingly essential to optimize self-consumption and mitigate lower export rates under NEM 3.0.
Topics
caisopolicysolarstorage