After January 1st. California is switching from solar plan NEM 1.0 to NEM 2.0.
For some -
Things are changing, and in order to understand a NEM 2.0, a plan in which energy costs change organically based on supply and demand, it’s important to know how Time of Use (TOU) works.
Time of Use TOU
On any solar plan, a homeowner integrates with ‘the grid,’ and their solar panels contribute to a big pool of energy that’s shared throughout Los Angeles. This plan is split into two time-
TOU has made its appearance not just in solar, but electric plans. In this SoCal study it was shown that the average homeowner without changing their energy habits, would save 2% on their energy bill.
NEM 2.0 Has Opened the Floodgates
But what’s 2.3% compared to outright eliminating an energy bill with solar? A return on investment within four years?
Contact Novel Remodeling to find out which solar plan fits your lifestyle, because after January 1st -
NEM 2.0 Solar Finally Benefits
Expected Residents of Over Four Years
The plan currently in California
NEM Solar 1.0 Benefits
Stay at Home Parents
Continuous Energy Use Throughout the Day