Future Street Homes

Net Energy Metering (NEM) is a program that has been in place in California since 1995, with the goal of promoting the adoption of renewable energy sources and reducing the state’s dependence on fossil fuels. This program has played a crucial role in California’s leadership in the renewable energy sector and has been instrumental in making the state a leader in solar power production in the United States. The History of NEM in California Net […]

On December 15, 2022, California’s Public Utilities Commission unanimously approved California’s third iteration of net metering, or NEM 3.0. The new tariff reduces net metering compensation rates for new California solar customers by approximately 75%, but existing solar customers, and those who go solar before NEM 3.0 goes into effect (through April 14), will be grandfathered into their original net metering policy. Solar shoppers who submit interconnection applications after April 14, 2023, will be under […]