Californian batteries prove solar’s NEM-esis

The transition to California’s new net metering, ‘NEM 3.0,’ regime was justified, in part, as a way to support residential energy storage installations but the state policy has pushed rooftop solar off a cliff.

Issue 03 – 2024 | Material change

Demand for rooftop solar has crashed in California since the introduction of NEM 3.0. Several other states are mulling similar cuts to PV net metering programs.

Photo: Sunrun

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