Still To Be Determined
208: The Solar Net Metering Dilemma
Mar 6, 2024
Matt and Sean discuss the impact of net metering on solar adoption and fairness. They delve into the repercussions of California's net metering changes, including longer payback periods and increased storage adoption. The podcast explores the evolution of net metering policies in different states, highlighting challenges and surprising trends. Listeners are encouraged to maximize solar benefits before policy shifts and understand net metering rules for effective adoption of solar energy.
38:38
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Quick takeaways
- Net metering incentivizes solar adoption by reducing costs over time through one-to-one credit or varying state policies.
- California's NEM3 modifications have decreased solar savings, extended payback periods, and encouraged battery storage system adoption.
Deep dives
The Essence of Net Metering
Net metering allows solar customers to contribute excess energy back to the grid, offsetting their bills. Different states have varying net metering policies, with some offering one-to-one credit, while others pay less or nothing for surplus energy. Despite controversies over its fairness, net metering incentivizes solar adoption by reducing costs over time.
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