CA NET METERING
How to get your ROI with NEM 3.0
Californians Rejoice! Solar is still a good investment.
California made some big changes with energy rates, and energy bills are surging. They don’t have to. You can have an affordable solar system with good ROI, and a low energy bill with Unbound Solar.
- Lock in your utility rates for up to 9 years, and avoid the semi-annual rate adjustments – Where else can you get a 9-year guarantee on an investment?
- Add energy storage for Time-of-Use and Peak Shaving optimization – Pays for itself many times over.
- Target “Power Hour” export rate windows in August and September for substantial returns.
- Act now or lose additional returns – For the first 5 years of Net Billing, residential customers from PG&E and SCE will also receive an additional adder to their export rate. This adder value will decrease by 20% annually for new customers until it reaches zero. The longer you wait, the smaller your adder.
“Power Hour” Rates
During mid summer and early fall. There are certain afternoon hours where the Export Compensation rates can be as much as 10x the average for the rest of the year.
By targeting these “Power Hours” and exporting all stored energy to the grid during these times. You can bank a large amount of energy credits, to be used throughout the following year, significantly reducing your energy bill. As well as reducing the ROI period for your system.
With adding energy storage to your grid-Tie system. You can control exactly when your excess energy is exported to the grid. Also allowing control of when to use your stored excess energy in lieu of using the grid, avoiding periods of higher import rates.
Batteries can pay for themselves and then some; During the expected lifespan of the battery, along with targeting ideal export times as described above. Storage batteries can pay for themselves twice over and up to six times over in many cases.
ACC Calculator Plus Adder
(For PG&E & SCE customers) aka “bonus money for early adopters”
1. An additional adder amount to the export rate is provided to residential customers that get solar within the first 5-years of Net Billing (i.e. up until April 2028). This adder essentially increases the export rate received by the customer when selling excess solar back to the grid.
2. The adder amount is fixed for 9 years at the adder value in the year the customer received it.
3. These adders are only provided to PG&E and SCE residential customers, with low-income customers receiving a higher adder amount.
4. Low-income customers are customers that are currently on California alternate rate CARE and FERA programs.
5. Non-residential and SDG&E customers will not receive the ACC Plus adders.
6. The adder amounts shown in the table below will decrease by 20% year on year until April 2028 when no more adders are provided to new solar customers.
Adopted Avoided Cost Calculator Plus Adders
Unbound Solar has NEM 3.0 solved for you
Ready to take control of your utility bill again? Give Unbound Solar a call and let us design a custom system, optimized to combat NEM 3.0. Our NEM 3.0 optimized kits are configured to provide superior control over your energy storage and energy export.
By focusing on energy export and load offset, and forgoing the expensive and unnecessary equipment associated with providing backup power*. NEM 3.0 optimized kits from Unbound Solar ensure maximum return on investment, the lowest utility bill possible, and the best utilization of your solar energy.
NEM Optimized Kits
