NEM 3.0 Final Decision: The California Public Utilities Commission (CPUC) unanimously voted to approve NEM 3.0. Under NEM 3.0, customers of PG&E, SCE, and SDG&E with solar systems will receive an average of 8 cents per kWh for the excess power they push onto the grid. This is roughly 75% less than the average export rate of 30 cents per kWh under NEM 2.0. IOU customers have until April 13, 2023 to be grandfathered into NEM 2.0

Even with the federal solar tax credit back at 30% until 2032, Californians have plenty of reason to go solar sooner than later.