Net metering had to go. I’m not going to argue that the CPUC nailed it with fair NEM policies across the decades and today, but the simple truth is that solar production at high noon is so high now that it’s essentially worthless. That’s what killed NEM, everyone expecting retail rates for their worthless production was bound to fail at some point. Self consumption and load shifting are necessary to add value back to solar now that we’re firmly embedded in the belly of the duck.
Ah, but they already killed net electric metering, so nobody wants to install solar panels.
And anyone that does have net metering will be kicked off if they ever add capacity in order to support that new electric water heater.
Net metering had to go. I’m not going to argue that the CPUC nailed it with fair NEM policies across the decades and today, but the simple truth is that solar production at high noon is so high now that it’s essentially worthless. That’s what killed NEM, everyone expecting retail rates for their worthless production was bound to fail at some point. Self consumption and load shifting are necessary to add value back to solar now that we’re firmly embedded in the belly of the duck.