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California Hits 1 Million Rooftop Solar Homes

Summary

  • One million homes now have rooftop solar connected to PG&E's grid.
  • New NEM 3.0 policy changes export credit rates for solar customers.
  • Solar energy adoption remains strong despite policy shifts.
California Hits 1 Million Rooftop Solar Homes

Pacific Gas and Electric (PG&E) announced a major clean energy milestone: one million homes across Northern and Central California now have rooftop solar systems connected to its grid. This significant achievement was officially recognized on June 4, marking a substantial contribution to California's clean energy transition. As of the current date, approximately one-fifth of PG&E's 5.6 million electric customers are utilizing home solar power.

This growth has occurred alongside a notable policy shift. In April 2023, California implemented the Net Billing Tariff, commonly known as NEM 3.0. This new policy adjusts the financial incentives for rooftop solar by typically crediting exported electricity at wholesale prices, a change from the previous retail rate compensation. While this alters the economics for new solar installations, rooftop solar remains a strategic choice for homeowners aiming for long-term savings on their energy expenses.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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