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How to Revitalize California Solar Sales in a Post NEM 3.0 Environment
How to Revitalize California Solar Sales in a Post NEM 3.0 Environment
How to Revitalize California Solar Sales in a Post NEM 3.0 Environment
How to Revitalize California Solar Sales in a Post NEM 3.0 Environment
By: Balto Staff
By: Balto Staff
By: Balto Staff
By: Balto Staff
If you’re a Californian solar installer struggling with the impacts of NEM 3.0, you’re far from alone. After a golden age supported by the most progressive solar policies in the country, NEM 3.0 forced the California solar industry to undergo a seismic shift by drastically cutting net metering payback rates for new home solar installations. The 75% reduction in export compensation rates reduced projected savings and increased payback periods for potential solar homeowners, leading to a steep decline in the solar market: in 2023 alone, California witnessed an 80% drop in solar sales and rooftop installations.
Facing the loss of over 17,000 California solar jobs – about 22% of the state’s solar industry – many contractors are seeking strategies to help their businesses survive and thrive in the new landscape.
Fortunately, there’s a way. By discussing and forecasting electrification scenarios with homeowners, installers can begin to sell larger solar and battery systems for homes’ anticipated future electric needs. Larger solar and battery systems deliver more value - especially under NEM 3.0 – for California homeowners and solar contractors alike.
If you’re a Californian solar installer struggling with the impacts of NEM 3.0, you’re far from alone. After a golden age supported by the most progressive solar policies in the country, NEM 3.0 forced the California solar industry to undergo a seismic shift by drastically cutting net metering payback rates for new home solar installations. The 75% reduction in export compensation rates reduced projected savings and increased payback periods for potential solar homeowners, leading to a steep decline in the solar market: in 2023 alone, California witnessed an 80% drop in solar sales and rooftop installations.
Facing the loss of over 17,000 California solar jobs – about 22% of the state’s solar industry – many contractors are seeking strategies to help their businesses survive and thrive in the new landscape.
Fortunately, there’s a way. By discussing and forecasting electrification scenarios with homeowners, installers can begin to sell larger solar and battery systems for homes’ anticipated future electric needs. Larger solar and battery systems deliver more value - especially under NEM 3.0 – for California homeowners and solar contractors alike.
If you’re a Californian solar installer struggling with the impacts of NEM 3.0, you’re far from alone. After a golden age supported by the most progressive solar policies in the country, NEM 3.0 forced the California solar industry to undergo a seismic shift by drastically cutting net metering payback rates for new home solar installations. The 75% reduction in export compensation rates reduced projected savings and increased payback periods for potential solar homeowners, leading to a steep decline in the solar market: in 2023 alone, California witnessed an 80% drop in solar sales and rooftop installations.
Facing the loss of over 17,000 California solar jobs – about 22% of the state’s solar industry – many contractors are seeking strategies to help their businesses survive and thrive in the new landscape.
Fortunately, there’s a way. By discussing and forecasting electrification scenarios with homeowners, installers can begin to sell larger solar and battery systems for homes’ anticipated future electric needs. Larger solar and battery systems deliver more value - especially under NEM 3.0 – for California homeowners and solar contractors alike.
If you’re a Californian solar installer struggling with the impacts of NEM 3.0, you’re far from alone. After a golden age supported by the most progressive solar policies in the country, NEM 3.0 forced the California solar industry to undergo a seismic shift by drastically cutting net metering payback rates for new home solar installations. The 75% reduction in export compensation rates reduced projected savings and increased payback periods for potential solar homeowners, leading to a steep decline in the solar market: in 2023 alone, California witnessed an 80% drop in solar sales and rooftop installations.
Facing the loss of over 17,000 California solar jobs – about 22% of the state’s solar industry – many contractors are seeking strategies to help their businesses survive and thrive in the new landscape.
Fortunately, there’s a way. By discussing and forecasting electrification scenarios with homeowners, installers can begin to sell larger solar and battery systems for homes’ anticipated future electric needs. Larger solar and battery systems deliver more value - especially under NEM 3.0 – for California homeowners and solar contractors alike.
NEM 3.0’s Lower Export Rates Support More Onsite Solar Consumption
NEM 3.0’s Lower Export Rates Support More Onsite Solar Consumption
NEM 3.0’s Lower Export Rates Support More Onsite Solar Consumption
NEM 3.0’s Lower Export Rates Support More Onsite Solar Consumption
Although NEM 3.0 has drastically lowered how much homeowners earn through sending solar to the grid – lowering the average export rates from a prior 30 cents per kWh to 8 cents per kWh – there’s a silver lining for those who know where to look.
These lowered export rates mean that homeowners save more on their energy bills by using as much of their low-cost solar power as possible in their homes. When self-consuming rooftop solar in California, a homeowner will effectively pay between 9 and 15 cents per kWH, compared to paying PG&E’s rates averaging over 45 cents per kWH. Replacing traditional gas appliances with electric alternatives (such as water heaters, heat pumps, induction stoves, dryers, and EVs) allows homeowners to maximize the amount of low-cost solar they consume on-site and benefit financially - the best of both worlds.
Although NEM 3.0 has drastically lowered how much homeowners earn through sending solar to the grid – lowering the average export rates from a prior 30 cents per kWh to 8 cents per kWh – there’s a silver lining for those who know where to look.
These lowered export rates mean that homeowners save more on their energy bills by using as much of their low-cost solar power as possible in their homes. When self-consuming rooftop solar in California, a homeowner will effectively pay between 9 and 15 cents per kWH, compared to paying PG&E’s rates averaging over 45 cents per kWH. Replacing traditional gas appliances with electric alternatives (such as water heaters, heat pumps, induction stoves, dryers, and EVs) allows homeowners to maximize the amount of low-cost solar they consume on-site and benefit financially - the best of both worlds.
Although NEM 3.0 has drastically lowered how much homeowners earn through sending solar to the grid – lowering the average export rates from a prior 30 cents per kWh to 8 cents per kWh – there’s a silver lining for those who know where to look.
These lowered export rates mean that homeowners save more on their energy bills by using as much of their low-cost solar power as possible in their homes. When self-consuming rooftop solar in California, a homeowner will effectively pay between 9 and 15 cents per kWH, compared to paying PG&E’s rates averaging over 45 cents per kWH. Replacing traditional gas appliances with electric alternatives (such as water heaters, heat pumps, induction stoves, dryers, and EVs) allows homeowners to maximize the amount of low-cost solar they consume on-site and benefit financially - the best of both worlds.
Although NEM 3.0 has drastically lowered how much homeowners earn through sending solar to the grid – lowering the average export rates from a prior 30 cents per kWh to 8 cents per kWh – there’s a silver lining for those who know where to look.
These lowered export rates mean that homeowners save more on their energy bills by using as much of their low-cost solar power as possible in their homes. When self-consuming rooftop solar in California, a homeowner will effectively pay between 9 and 15 cents per kWH, compared to paying PG&E’s rates averaging over 45 cents per kWH. Replacing traditional gas appliances with electric alternatives (such as water heaters, heat pumps, induction stoves, dryers, and EVs) allows homeowners to maximize the amount of low-cost solar they consume on-site and benefit financially - the best of both worlds.
Under NEM 3.0, Storage is Becoming Essential
Under NEM 3.0, Storage is Becoming Essential
Under NEM 3.0, Storage is Becoming Essential
Under NEM 3.0, Storage is Becoming Essential
Under NEM 3.0’s lower export rates, batteries also optimize the value of solar systems by allowing families to store and use their low-cost solar energy when the sun isn’t shining. This is especially important during those peak demand evening hours, when grid power rates are the highest.
The savings generated by home solar batteries under NEM 3.0 are significant enough to make the payback period for solar and battery storage systems equal to or shorter than the payback period of solar-only systems – along with the advantage of further savings over the system’s lifetime.
Solar batteries have already become an easier sell post--NEM 3.0. Storage attachment rates on new residential PV systems in California have spiked from about 10% to approximately 60% since NEM 3.0’s implementation.
For more than just financial reasons, electrification and storage go hand-in-hand. When a home relies on heat pumps for comfort, electric water heaters for showers, and induction stoves for cooking, 24/7 power is essential. With weather-related outages at record highs in California, electrification, plus solar and storage offers homeowners savings and energy reliability...
Under NEM 3.0’s lower export rates, batteries also optimize the value of solar systems by allowing families to store and use their low-cost solar energy when the sun isn’t shining. This is especially important during those peak demand evening hours, when grid power rates are the highest.
The savings generated by home solar batteries under NEM 3.0 are significant enough to make the payback period for solar and battery storage systems equal to or shorter than the payback period of solar-only systems – along with the advantage of further savings over the system’s lifetime.
Solar batteries have already become an easier sell post--NEM 3.0. Storage attachment rates on new residential PV systems in California have spiked from about 10% to approximately 60% since NEM 3.0’s implementation.
For more than just financial reasons, electrification and storage go hand-in-hand. When a home relies on heat pumps for comfort, electric water heaters for showers, and induction stoves for cooking, 24/7 power is essential. With weather-related outages at record highs in California, electrification, plus solar and storage offers homeowners savings and energy reliability...
Under NEM 3.0’s lower export rates, batteries also optimize the value of solar systems by allowing families to store and use their low-cost solar energy when the sun isn’t shining. This is especially important during those peak demand evening hours, when grid power rates are the highest.
The savings generated by home solar batteries under NEM 3.0 are significant enough to make the payback period for solar and battery storage systems equal to or shorter than the payback period of solar-only systems – along with the advantage of further savings over the system’s lifetime.
Solar batteries have already become an easier sell post--NEM 3.0. Storage attachment rates on new residential PV systems in California have spiked from about 10% to approximately 60% since NEM 3.0’s implementation.
For more than just financial reasons, electrification and storage go hand-in-hand. When a home relies on heat pumps for comfort, electric water heaters for showers, and induction stoves for cooking, 24/7 power is essential. With weather-related outages at record highs in California, electrification, plus solar and storage offers homeowners savings and energy reliability...
Under NEM 3.0’s lower export rates, batteries also optimize the value of solar systems by allowing families to store and use their low-cost solar energy when the sun isn’t shining. This is especially important during those peak demand evening hours, when grid power rates are the highest.
The savings generated by home solar batteries under NEM 3.0 are significant enough to make the payback period for solar and battery storage systems equal to or shorter than the payback period of solar-only systems – along with the advantage of further savings over the system’s lifetime.
Solar batteries have already become an easier sell post--NEM 3.0. Storage attachment rates on new residential PV systems in California have spiked from about 10% to approximately 60% since NEM 3.0’s implementation.
For more than just financial reasons, electrification and storage go hand-in-hand. When a home relies on heat pumps for comfort, electric water heaters for showers, and induction stoves for cooking, 24/7 power is essential. With weather-related outages at record highs in California, electrification, plus solar and storage offers homeowners savings and energy reliability...
Making Electrification Easier
Making Electrification Easier
Making Electrification Easier
Making Electrification Easier
As California's solar industry adapts to NEM 3.0, installers can enhance their business model with Balto Energy’s Solar-Led Electrification Driver (SLED). Previous solar design software could only design systems based on a household’s historical electricity use – which drastically changes when a home transitions to electric appliances.
Balto’s SLED is designed by industry veterans and uses advanced algorithms to predict in detail how new electric appliances will impact a home’s hourly energy consumption. This capability allows installers to design solar and storage systems and electrification strategies that work together to provide maximum value for their customers. By ensuring that the solar and storage system will be appropriately sized for any planned electrification upgrades, Balto enables installers to show homeowners the tangible benefits of going solar before electrifying, so families can experience immediate savings while transitioning to electric appliances at their own pace.
As California's solar industry adapts to NEM 3.0, installers can enhance their business model with Balto Energy’s Solar-Led Electrification Driver (SLED). Previous solar design software could only design systems based on a household’s historical electricity use – which drastically changes when a home transitions to electric appliances.
Balto’s SLED is designed by industry veterans and uses advanced algorithms to predict in detail how new electric appliances will impact a home’s hourly energy consumption. This capability allows installers to design solar and storage systems and electrification strategies that work together to provide maximum value for their customers. By ensuring that the solar and storage system will be appropriately sized for any planned electrification upgrades, Balto enables installers to show homeowners the tangible benefits of going solar before electrifying, so families can experience immediate savings while transitioning to electric appliances at their own pace.
As California's solar industry adapts to NEM 3.0, installers can enhance their business model with Balto Energy’s Solar-Led Electrification Driver (SLED). Previous solar design software could only design systems based on a household’s historical electricity use – which drastically changes when a home transitions to electric appliances.
Balto’s SLED is designed by industry veterans and uses advanced algorithms to predict in detail how new electric appliances will impact a home’s hourly energy consumption. This capability allows installers to design solar and storage systems and electrification strategies that work together to provide maximum value for their customers. By ensuring that the solar and storage system will be appropriately sized for any planned electrification upgrades, Balto enables installers to show homeowners the tangible benefits of going solar before electrifying, so families can experience immediate savings while transitioning to electric appliances at their own pace.
As California's solar industry adapts to NEM 3.0, installers can enhance their business model with Balto Energy’s Solar-Led Electrification Driver (SLED). Previous solar design software could only design systems based on a household’s historical electricity use – which drastically changes when a home transitions to electric appliances.
Balto’s SLED is designed by industry veterans and uses advanced algorithms to predict in detail how new electric appliances will impact a home’s hourly energy consumption. This capability allows installers to design solar and storage systems and electrification strategies that work together to provide maximum value for their customers. By ensuring that the solar and storage system will be appropriately sized for any planned electrification upgrades, Balto enables installers to show homeowners the tangible benefits of going solar before electrifying, so families can experience immediate savings while transitioning to electric appliances at their own pace.
Ready to Grow Your Business?
Ready to Grow Your Business?
Ready to Grow Your Business?
Ready to Grow Your Business?
With Balto’s assistance, solar installers can expand to modeling electrification upgrades and sizing solar and battery systems for the future. Get in touch to see how Balto can help you become more resilient against the impacts of NEM 3.0.
With Balto’s assistance, solar installers can expand to modeling electrification upgrades and sizing solar and battery systems for the future. Get in touch to see how Balto can help you become more resilient against the impacts of NEM 3.0.
With Balto’s assistance, solar installers can expand to modeling electrification upgrades and sizing solar and battery systems for the future. Get in touch to see how Balto can help you become more resilient against the impacts of NEM 3.0.
With Balto’s assistance, solar installers can expand to modeling electrification upgrades and sizing solar and battery systems for the future. Get in touch to see how Balto can help you become more resilient against the impacts of NEM 3.0.
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© 2024 Balto Energy. All Rights Reserved.
© 2024 Balto Energy. All Rights Reserved.
© 2024 Balto Energy. All Rights Reserved.
© 2024 Balto Energy. All Rights Reserved.
