Beware of the NEM 3.0 Sharks…Onsite energy in the state of California is in flux. Recently legislated changes to how excess energy generated by solar panels during periods of peak sun are going to lower the financial returns on many prospective solar installations. Businesses currently have a short window where the current method of compensation is still available, but they have to have certain paperwork filed before April 15th 2023 to qualify.
If you’re in the business of selling solar panels, this is a bad thing in the long-run. And it also represents a bit of a feeding frenzy between now and April 15th. There is every opportunity to use the looming deadline as a way to pressure prospective customers to make a decision today and avoid missing out.
And in a lot of ways they are right. There is no better time than right now to get started.
Before you jump in though, a word of caution. It pays to make deliberate, well informed choices. Solar systems typical life spans exceed 20 years. Good decisions today will pay dividends for many years to come. With the right help, there is still time to complete an unbiased assessment of the energy potential at your site, and how it matches up with your unique electrical load profile. This information can be used to connect you with the best qualified providers on onsite energy solutions for your business, giving you the opportunity to assess multiple options before making a commitment.
To learn how VECKTA can help…