California’s NEM 3.0 proposal impact on solar value: ‘Fees could add up to more than the cost of the systems themselves’

The California Public Utilities Commission (CPUC) revealed its Net Energy Metering 3.0 proposed decision last week. Our coverage last week noted that the grid access fees would amount to the steepest tax on grid-tied solar in the country. That, combined with the dramatic shift in compensation methodology (Canary Media explains the Avoided Cost Calculator in great detail here), and the value of solar energy as people have come to understand it all but disappears.

Read the full article on the “Solar Builder Mag” website.

Check out Sage's updated analysis of the impact of the California PUC's proposed decision of December 13th on net metering.