What is Net Energy Metering? Net Energy Metering (NEM) is a billing arrangement, or “tariff,” established pursuant to Public Utilities Code § 2827 that allows customer-generators to install and utilize an on-site power generation system to serve a portion of their energy needs, and to receive compensation for any excess generation exported to the utility grid. The current NEM […]
Net Energy Metering 1.0 (NEM), as we knew it in San Diego, ended at 8:24 AM June 29, 2016! As of 2:00 PM on June 28, only .5 MW of the 617 MW NEM Cap remained to be filled. As of 5:30 PM, only .4 MW remained. (See charts below.) With close to 1 full […]
This chart illustrates solar Net Energy Metering (NEM) in action, with power generated by solar panels on my roof actually generating 100% of my energy demand. As our days are getting longer, my solar ROI is getting shorter.
Since 2006 the U. S. solar industry and its customers have enjoyed a 30% Investment Tax Credit (ITC) at the Federal level, also known as the Section 25D Residential Solar Investment Tax Credit, or Federal Residential Renewable Energy Tax Credit. This solar incentive was slated to end at the end of 2016 for residential customers, […]
I first wrote this post on the evening of December 25, 2015. That day my own rooftop solar system produced 32.11 kWh of energy, suggesting a 4 to 6 year solar ROI. Merry Christmas! Now, after a full week of solar energy production, my solar enthusiasm has continued. My own home’s solar energy system was installed […]
Home improvement financing just got super simple! The Ygrene Energy Fund has made energy efficient home improvement financing easier than asking Mom to bake one of her famous homemade apple pies. If it is going to save you money in the long run — sometimes LOTS of money — then shouldn’t it be easy to […]
The past 15 years has seen close to a 500% increase in electric rates in San Diego, a trend that is likely to continue. San Diego Gas & Electric (SDG&E) electric rates feature a tiered structure where the more energy is consumed by a customer, the higher the cost. Over the past 15 years from […]
PACE Makes Solar Energy Affordable An extremely popular means of funding the investment in solar energy is the Property Assessed Clean Energy (PACE) program. Actually there are several PACE programs available to homeowners in California. The programs help reduce the upfront costs associated with energy efficiency, renewable energy, and water conservation projects. The key is that these […]