NEM3

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf electricity rate structure
gptkbp:appliesTo gptkb:California
distributed energy resources
solar customers
gptkbp:compatibleWith existing NEM1 customers
existing NEM2 customers
gptkbp:criticizedFor solar industry advocates
gptkbp:exportCompensation based on Avoided Cost Calculator
gptkbp:fullName Net Energy Metering 3.0
gptkbp:grandfatheringPeriod 20 years for NEM2 customers
https://www.w3.org/2000/01/rdf-schema#label NEM3
gptkbp:implementedIn gptkb:California_Public_Utilities_Commission
gptkbp:mainChange introduces time-of-use rates
reduces export compensation rates
removes retail rate net metering
gptkbp:purpose align compensation with grid value
encourage battery storage adoption
gptkbp:relatedTo California solar policy
gptkbp:replacedBy gptkb:NEM2
gptkbp:startDate April 15, 2023
gptkbp:supportedBy utility companies
gptkbp:bfsParent gptkb:HGNC:54
gptkbp:bfsLayer 7