San Diego Net Metering
Solar energy is both exciting and confusing, but now’s the time take control of your destiny. Solar savvy consumers know that ‘Net Metering’ allows you to get credit for electricity your solar system adds to the grid. However, Net Metering rules are changing rapidly. Don’t get left without solar power to run your home! Net Metering 2.0 (NEM 2.0) removes barriers for going solar in PG&E, SDG&E and SCE territories. That means San Diego net metering is about to get a lot more certainty.
Net Metering is the billing process that credits solar energy system owners for the electricity they add to the grid. Originally, the rules of Net Metering put a limit on a number of California homes that could go solar. However, Net Metering 2.0 (NEM 2.0) is an update in California energy regulations that removes barriers for going solar in PG&E, SDG&E and SCE territories. That means San Diego net metering is about to get a lot more certainty.
NEM 2.0 eliminates California’s Net Metering cap and provides certainty for California’s solar energy future—now all homes in California have the opportunity to go solar!
SDG&E has announced on June 2016 that they have reached the maximum number of customers that were allowed under Net Metering 1.0 (NEM 1.0). They are now charging an inter-connect fee of $132, while other utility companies are starting to charge a one-time fee for homeowners to connect to the utility.
So, why should you go solar now?
Even with the new NEM 2.0 fees, now is an ideal time to install solar on your home:
- First and foremost, going solar saves you money and with these new rules anyone can go solar.
- The Investment Tax Credit (ITC) is still available. Start taking advantage of the 30% tax credit before the new administration takes office on January 20, 2017. Afterwards, the ITC may not remain in place based on their plans for the corporate tax rate.
- Interest rates are going up, making the cost to borrow money increase. If you intend on financing your Solar PV system, you can avoid these extra costs by going solar now.
- Utilities will begin to implement Super User rates in 2017—Get your system installed now before you start having to pay this extraordinarily expensive rate tier.
- Module prices are at their lowest point ever. However, with foreign market pressures they will increase throughout this year. NOW, is the best time to lock in pricing.
Since 2001, HelioPower has been your local Solar San Diego contractor providing residential, commercial and public sector clients the means to regain their energy independence with our integrated energy solutions. Since then, we’ve installed over 5,000 systems on homes, businesses, and organizations across San Diego County.
Contact us today to schedule an in-home consultation to see how you could get on the right path to saving money. Don’t keep throwing away your hard-earned money to the utility company, invest back in yourself with a solar PV system and let the sun do all the work.
Brad Schmehl (Residential Energy Solutions Group Manager)
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