On The Fly

In this episode – California Community Solar Update . . . Today, we're diving into the ongoing saga of Community Solar in California. As you might know, the California Public Utilities Commission (CPUC) has been grappling with how to regulate this growing sector. The program is poised to launch in July of 2024,   however . . .   Net Energy Metering (NEM 3) and the Rooftop Solar Impact: Let's rewind a bit. In December 2022, the CPUC issued a controversial decision called NEM 3. NEM stands for Net Energy Metering, and NEM 3 is the third iteration of this program. Here’s the big issue – NEM 3 significantly reduced the credit that rooftop solar users' received for feeding excess energy back to the grid. This decision primarily affects those who install solar panels after April 2023. While NEM 3 doesn't directly impact Community Solar, it's an important context because it highlights the CPUC's ongoing efforts to balance the economics of solar power. So what’s the Hol...