Net Metering in the Los Angeles area is set to change July 2017
[vc_row][vc_column][mk_fancy_title color=”#ff8300″ size=”20″ margin_bottom=”0″ font_family=”none”]Net Metering and Southern California Edison: The best solar savings will expire July 1st (or sooner).[/mk_fancy_title][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]In 2013, California passed Assembly Bill 327 which established a Net Energy Metering program. Simply put, Net Energy Metering allows homeowners with solar installations to remain connected to the grid and make saving with solar easier. Imagine a bank that you put energy credits into. Over the course of the day you produce enough energy to get your household through the night. Net Metering gives you a pace to store it. So when the solar array stops producing when the sun goes down, you use those energy credits that you earned during the day, at no charge – as long as you don’t use more energy than you produce. What makes Net Metering even more special is that there are no mandatory fees or usage plans and once you’ve enrolled your plan will not change for the next 20 years. However, like all great things Net Metering in its current form is coming to an end. Under the current policy, Investor Owned Utilities (IOUs) like Southern California Edison will offer the current Net Metering rates until July 1, 2017, OR when Southern California Edison’s utility grid demand is comprised of 5% solar, whichever comes first. The Net Metering program won’t go away altogether just yet as California’s Public Utilities Commission...
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