INDUSTRY NEWS

LBNL: residential solar PV installations remain flat since NEM 3.0 in California

2024-05-22

A lot of installations after the introduction of NEM 3.0 is the clearing of the backlog of NEM 2.0 applications. Image: REC Solar

Residential solar PV installations in California since the introduction of the NEM 3.0 – a billing structure of California’s rooftop solar net metering scheme – have been roughly equal to the amount in the prior year, with more customers installing battery energy storage systems (BESS), according to a study conducted by Lawrence Berkeley National Lab (LBNL).

In the study One Year In: Tracking the Impacts of NEM 3.0 on California’s Residential Solar Market, Galen Barbose, lead author of the study, said the passage of NEM 3.0 in December 2022 had set off a surge of applications seeking to qualify under the previous net metering tariffs (NEM 2.0) before its close in April 2023. The increase in applications led to a subsequent spike in net energy metering installations during the summer of 2023, and after that, the number of installations began a steady decline.

(The above content is reproduced from pv-tech,By Simon Yuen)

 

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