NEM 3.0 Explained: Why the Old Solar Math Broke — and What Actually Works Now

NEM 3.0 Explained: Why the Old Solar Math Broke — and What Actually Works Now

NEM 3.0 Explained: Why the Old Solar Math Broke — and What Actually Works NowIn House Contributor
Published on: 08/09/2026

California's NEM 3.0 replaced the old net metering rules that credited exported solar at close to retail rates, tying export credits instead to the actual wholesale value of electricity, which is typically much lower.

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