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Has NEM 3.0 been approved? NEM 3.0 has not yet been approved and lawmakers have decided to postpone making any decision on NEM 3.0 \u2013 the earliest CPUC could release a draft decision is July 2022.
NEM 3.0 would also make certain retroactive changes to previous tariffs (NEM 1.0 and NEM 2.0). Existing non-low-income residential customers would be required to transition to NEM 3.0 within 15 years of the date of interconnection.
California has finished collecting public comment on NEM 3.0, a policy that is considered anti-rooftop solar, and has provisions that are called \u201ca tax on the sun.\u201d Protestors gather in Los Angeles to preserve the value of rooftop solar in California.
California's net metering program, NEM 2.0, is being replaced with NEM 3.0 in early 2022. While there are still a lot of unknowns, net metering benefits could be changing \u2013 learn how this could impact your solar PV system investment.
NEM is short for "net energy metering" which refers to the relationship you have with your utility have you've gone solar. An NEM agreement allows you to receive credit from your utility for the excess electricity your system generates.
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While solar panels are designed to produce electricity from the sun's rays, they can malfunction and start drawing power from the grid, causing your electric bill to skyrocket.
Net metering\u2013or NEM\u2013allows you to earn credits for any excess solar electricity you send to the grid when your solar panel system generates more than you need. Over the next year, California will be releasing the third iteration of net metering, or NEM 3.0.
If you've already gone solar, you are grandfathered into your current net metering (NEM 1.0) contract for 20 years from the point when the utility gave you approval to power up your system.
California has finished collecting public comment on NEM 3.0, a policy that is considered anti-rooftop solar, and has provisions that are called \u201ca tax on the sun.\u201d Protestors gather in Los Angeles to preserve the value of rooftop solar in California.
Net Energy Metering (NEM) allows electricity consumers to supply their electricity from on-site generation. The NEM concept will ensure that the energy generated from the installed solar PV system will be consumed first, and if there is a surplus it will be exported to TNB on a \u201cone-on-one\u201d offset basis.

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