NEM 2.0 vs. NEM 3.0
California’s shift from NEM 2.0 to NEM 3.0 in April 2023 was the most significant change to residential solar economics in the US market in over a decade. Under NEM 2.0, California solar owners received credits close to the retail electricity rate for excess solar exported to the grid — typically 25–32¢/kWh. Under NEM 3.0, Read more »















