How to Maximize Your Savings under NEM 3

Published 2023-11-10
California’s new Net Billing Tariff (NBT), or NEM 3.0, is the successor tariff to NEM 2.0. NEM3.0 incentivizes customers to move from the installation of solar-only systems to solar + battery systems. This evolution of residential solar systems from NEM 2.0 to NEM 3.0 was motivated by the need to match energy supply and demand in the grid through the creation of a market-driven tariff structure.

Enphase has developed a comprehensive solution that can improve homeowner ROI under the NEM 3.0 tariff mechanism. In Section 3, we will show that adding a small grid-tied battery to a solar system can significantly improve the homeowner’s electric bill offset from 55% for solar only systems to 70%–90%, while delivering a payback period of about 5 to 7 years. We will also show that this solution is very easy to design, install and commission.

Homeowners will still have a choice to opt for a larger solar and battery system that improves payback under NEM 3.0 as well as provide backup power when the grid fails.

‪@EnphaseEnergy‬
enphase.com/download/nem-30-white-paper-installers

🔗 www.reinnovations.or

All Comments (10)
  • @shreyasdube
    Really like your videos, thank you! Between Franklin and Enphase 5p, which do you recommend for my situation? Already have IQ8+ micros paired with 400W REC panels and looking to add battery storage. 4x 5P or 2 Franklins. Cost-wise, they're about the same. I'm leaning towards Enphase just so I can be all within their ecosystem. Franklin seems new so not sure how things might go for them.
  • Avoided cost would be the power company not running their natural gas turbines for topping off the demand load or alternately buying wholesale power in California''s wholesale free market if that still exists after the Enron swindle.
  • @cenval999
    Dale Have you heard if Solaredge is developing a metered collar device? Could you let us know which brands are going metered collar direction?
  • @marve1218
    So how exactly can you sell your stored energy from the battery to the grid? Does enphase app automatically discharge?
  • So the IQ8 Sunlight backup is a gimmick? When the grid goes down the IQ8 does not form a microgrid and island the home from the grid and keep the lights on? Are you saying you need a full backup to do this? I am confused. Enphase marketing implies their technology islands and forms a microgrid during sunlight hours when the grid is down. You do not need a battery. If the grid is down and the sun is down a grid tied battery with IQ8 should island too. Please clearify. I thought this is what seperates ENPHASE from all the other solution options!
  • @DonovanSexton
    Riverside California and the last 4 years I've had at least an outage a year. Much less stable than what I was used to in the Midwest in tornado Alley.
  • this guy get 10K pure profit for every solar system he install..... that is the bussiness. lol