CPUC admits defeat on NEM 3.0, seeks feedback on new proposals
Sean Rai-Roche in PV-Tech.org
The California Public Utilities Commission (CPUC) has admitted defeat regarding its contentious proposed changes to the state’s net metering laws and has asked for feedback on how a better designed system could work as it seeks to reboot the process.
Dubbed NEM 3.0, the proposed changes would have slashed solar export credits by about 80% and added a US$57 per month fixed charge for the average residential system, partially offset by a US$15 per month credit for ten years. Wood Mackenzie said it would have cut the state’s solar sector in half.Read More