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> Customers who have new systems installed and approved for grid interconnection before the effective date in April will be grandfathered in to NEM 2.0 rates.
by sidewndr46 4y ago
> Customers who have new systems installed and approved for grid interconnection before the effective date in April will be grandfathered in to NEM 2.0 rates.
Am I reading that right? People who already had their system in place get to keep the old rate forever?
- yablak 4y agoGrandfathered for 20 years
- tguvot 4y ago20 years from moment that system connected to the grid
- bombcar 4y agoThat’s a decent thing to do especially since many of those people bought the system based on pricing assumptions over the next years.
- ncallaway 4y agoI mean, since it’s a purchase that people make that’s designed to recoup an upfront cost over 5-15 years, it seems like making a dramatic pricing change that retroactively screws over everyone who had previously installed solar would be a great way to ensure that people are extremely cautious when they install solar. This at least gives new purchasers some degree of confidence that they’ll be able to rely on the present pricing when costing out an install.
- a9h74j 4y ago> that retroactively screws over everyone That's when you go on to mandate that all newly-built homes include solar.
- sidewndr46 4y agoAs others have pointed out, this isn't an optional thing. My understanding is to build a structure in California, it has to have solar on it. It's just part of the cost of housing at this point.