Environmental & Energy,
Administrative/Regulatory
Mar. 18, 2022
NEM 3.0 final design will determine fate of California’s solar market
Though a fair amount of uncertainty remains about the timing and final design of NEM 3.0, the critical question is whether state regulators can strike a balance between incentivizing the further development of its solar markets while also promoting fairness and equity.






California’s solar market is more mature than it was a decade ago. Rooftop solar has grown tenfold, making California the nation’s largest solar market. Net-metering subsidies, along with technological advancements and generous federal tax incentives, fueled that growth.
In December, the California Public Utilities Commission issued its proposed decision to revise the state’s net-metering framework for the second time since it was introduc...
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