How Utility Rate Inflation Impacts Energy Storage Viability

As energy markets constantly change, utility rate inflation remains a significant driver of change, creating challenges and opportunities for consumers and businesses alike. One notable shift is the erosion of value for standalone photovoltaic (PV) systems under the NEM 3.0 framework.

NEM-3 “Net Billing” Tariff Revised Proposed Decision (November 2022) – Summary of key issues, What it means for Solar and Storage Economics, How to Model Projects in Energy Toolbase

The California Public Utilities Commission (CPUC) released their much anticipated, revised Proposed Decision (PD) on the state’s “NEM-3” successor net metering tariff last week. The newly revised PD establishes a “Net Billing” tariff that introduces an entirely new framework for valuing exported energy.