INDUSTRY NEWS

NEM 3.0 driving more residential BESS and less PV in California

2024-07-23

Whilst the new net metering scheme has boosted residential battery installations, it has simultaneously triggered a drop in the rate of solar adoption. Image: Vivint Solar via Unsplash.

The amount of residential solar paired with a battery energy storage system (BESS) in California has increased notably under the state’s new net energy metering 3.0 (NEM 3.0) scheme.  

The US Energy Information Administration (EIA) has published data showing that around 9% of all residential solar systems eligible for NEM 3.0 in California are now paired with a BESS. Between October 2023 and April 2024, over 40,000 new systems were installed, representing 232MW of energy storage capacity.

 

(The above content is reproduced from pv-tech,By  Will Norman)

 

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