
New Commercial Solar Net Billing Rules for California Investor-Owned Utility Customers - Video Overview
In December 2022, the California Public Utilities Commission voted to drastically reduce the value of exported solar energy through new NEM 3, aka net billing. IRVINE, CALIFORNIA, UNITED STATES, January 4, 2023 /EINPresswire.com/ -- After a long battle between California’s investor-owned utilities (IOUs) and the solar industry, the California Public Utilities Commission (CPUC) has unanimously voted (5-0 pass) to drastically reduce the value of both commercial and residential solar energy exported to the …