NEM 3.0 in CA doesn’t look good for new rooftop solar customers

The CPUC proposal for NEM 3.0 in CA is out, and it’s drawing considerable industry criticism. Pluses: it does away with the solar tax/grid participation fee and honors paying current rates to existing system owners on excess power sent back to the grid. Minuses: it slashes the rate at which new solar customers can sell their excess electricity back to the grid by 70-80%.