California solar installers have exciting new opportunities with NEM 3.0, but to unlock the full potential, they need Enphase.
Enphase provides a comprehensive suite of products and services designed to maximize the benefits of NEM 3.0 for both homeowners and installers. Unlike NEM 2.0 which rewards homeowners for selling excess solar energy to the grid, NEM 3.0 incentivizes homeowners to use their own energy.
Under NEM 3.0, the time-varying rate of energy motivates homeowners to store excess generated solar and consume it during peak demand. In addition, the rate incentivizes homeowners to export energy during high compensation periods. The combination of avoiding grid energy during peak times and selling energy during certain other peak times can result in a substantial financial return on investment for homeowners.
Looking to expand an existing system in California?
In California, many homeowners on NEM 1.0 or 2.0 consume more energy than their existing solar systems produce. Relying on expensive grid energy to make up the difference means missing out on the full savings and earnings potential of a solar-powered home. Using Enphase technology, you can add more solar to California systems without losing NEM 1.0 or NEM 2.0 status.
